After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.078%7d average−0.075%fees + slippage, in and out−$55spread needed0.547%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 745.50 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $1.6M | $287K | 20x |
| Short | Coinbase International META-PERP-INTX | 746.08 | 0.0048 | get 0.0006% / 1h | 6m 54s | $645K | $6.5M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.78
- Funding while held
- −$1.56
- Slippage, 4 orders
- −$32.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$48.51
- Spread needed to break even
- 0.547%
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0052%
- Per $10,000 a day
- −$1.56
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 5.76 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.54 bp | 8.1 bp −$8 | 10.3 bp −$103 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.6M | $287K | 20x | |
| Gate META_USDT | +0.023% | 0.0000% | 8h | $360K | $4.8M | 100x | as long as short |
| Phoenix META | +0.024% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.028% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Bitget METAUSDT | +0.032% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| tradeXYZ xyz:META | +0.036% | +0.0050% | 1h | $77.3M | $91.9M | 20x | as long as short |
| Bybit METAUSDT | +0.043% | 0.0000% | 8h | $8.1M | $11.6M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.063% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Binance METAUSDT | +0.065% | 0.0000% | 8h | $27.8M | $153.6M | 20x | as long as short |
| Hotstuff META-PERP | +0.068% | +0.0264% | 1h | $33K | $105 | 20x | as long as short |
KuCoin METAUSDTM
Coinbase International META-PERP-INTX
Gate
Phoenix
OKX
Bitget
tradeXYZ
Bybit
Deribit
Binance
Popdex
Extended
SoDEX
HTX
Polymarket Perps
BloFin
Paradex
Aster
Lighter RH
Lighter
ApeX Omni
Injective
SunX
Phemex
Variational Omni