After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.131%7d average−0.023%fees + slippage, in and out−$52spread needed0.521%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 726.97 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $1.5M | $187K | 20x |
| Short | Deribit META_USDC-PERPETUAL | 727.92 | 0 | get 0.0000% / 1h | 34m 28s | $28K | $264K | 10x |
KuCoin METAUSDTM
Deribit META_USDC-PERPETUALPrice 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
- $13.07
- Funding while held
- −$3
- Slippage, 4 orders
- −$33.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.01
- Spread needed to break even
- 0.521%
Slippage from KuCoin: live order book, 8 min ago; Deribit: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 8 min ago | 6.89 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 16 min ago | 3.66 bp | 7.2 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.edgeX725.88cheapestGate726.69+0.112%Ondo Perps726.86+0.135%Bybit726.97+0.151%QFEX726.97+0.151%
Gate
Ondo Perps
Bybit
QFEXKuCoin726.97+0.151%
Bitget727.04+0.160%Aftermath Perps727.04+0.160%Binance727.06+0.163%Popdex727.10+0.169%ApeX Omni727.13+0.173%tradeXYZ727.15+0.175%Paradex727.16+0.176%Lighter RH727.21+0.184%Extended727.23+0.186%OKX727.29+0.195%Polymarket Perps727.30+0.196%Lighter727.32+0.199%Arcus727.37+0.206%Aster727.41+0.211%Hotstuff727.48+0.221%Vest727.48+0.221%Nado727.55+0.231%Phemex727.56+0.232%Variational Omni727.65+0.244%HTX727.72+0.254%SoDEX727.90+0.279%
Bitget
Binance
Popdex
ApeX Omni
tradeXYZ
Paradex
Lighter RH
Extended
OKX
Polymarket Perps
Lighter
Arcus
Aster
Hotstuff
Vest
Nado
Phemex
Variational Omni
HTX
SoDEXDeribit727.92+0.281%
Aevo727.99+0.291%Injective727.99+0.291%BloFin728.02+0.295%Orderly728.12+0.309%SunX728.25+0.327%Phoenix728.32+0.337%Coinbase International728.45+0.355%
Aevo
Injective
BloFin
Orderly
SunX
Phoenix
Coinbase InternationalMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDC | −0.150% | +0.0604% | 4h | $61K | $324K | 10x | as long as short |
| Gate META_USDT | −0.039% | 0.0000% | 8h | $373K | $3.6M | 100x | as long as short |
| Ondo Perps META-USD.P | −0.015% | +0.0050% | 1h | $852K | $2.8M | 10x | as long as short |
| Bybit METAUSDT | 0.000% | 0.0000% | 8h | $7.6M | $8.8M | 100x | as long as short |
| QFEX META-USD | 0.000% | +0.0016% | 1h | $1.8M | $7.5M | 10x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.5M | $187K | 20x | |
| Bitget METAUSDT | +0.010% | 0.0000% | 8h | $5.2M | $7.3M | 100x | as long as short |
| Aftermath Perps METAUSD | +0.010% | +0.0247% | 1h | $44K | $47K | 10x | as long as short |
| Binance METAUSDT | +0.012% | 0.0000% | 8h | $25.4M | $109.8M | 20x | as long as short |
| Popdex METAUSDT | +0.018% | +0.0048% | 1h | $174K | $162K | 20x | as long as short |