After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.226%7d average+0.025%fees + slippage, in and out−$58spread needed0.579%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 744.58 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $1.6M | $288K | 20x |
| Short | edgeX METAUSDC | 746.26 | 0.0488 | get 0.0244% / 4h | 1h 04m | $62K | $328K | 10x |
KuCoin METAUSDTMPrice 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
- $22.56
- Funding while held
- $11.65
- Slippage, 4 orders
- −$36.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$23.74
- Spread needed to break even
- 0.579%
Slippage from KuCoin: live order book, 8 min ago; edgeX: live order book, 30 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0388%
- Per $10,000 a day
- +$11.65
- 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 | 5.76 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 5.43 bp | 10.1 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate744.30cheapestOKX744.46+0.021%Injective744.57+0.036%
Gate
OKX
InjectiveKuCoin744.58+0.038%
Ondo Perps744.61+0.042%Hotstuff744.61+0.042%HTX744.63+0.044%Binance744.67+0.049%Paradex744.68+0.051%tradeXYZ744.68+0.051%Bybit744.69+0.052%Deribit744.72+0.056%Nado744.76+0.062%Lighter RH744.76+0.062%SoDEX744.79+0.066%Aster744.79+0.066%QFEX744.83+0.071%Extended744.85+0.073%Popdex744.85+0.074%Bitget744.85+0.074%Aevo744.85+0.074%BloFin744.86+0.075%Orderly744.87+0.077%Arcus744.92+0.083%Polymarket Perps744.95+0.087%SunX745.01+0.095%Lighter745.09+0.106%Phemex745.26+0.129%Vest745.64+0.180%Phoenix745.68+0.185%Coinbase International745.84+0.207%Aftermath Perps745.94+0.221%Variational Omni746.17+0.251%ApeX Omni746.42+0.285%
Ondo Perps
Hotstuff
HTX
Binance
Paradex
tradeXYZ
Bybit
Deribit
Nado
Lighter RH
SoDEX
Aster
QFEX
Extended
Popdex
Bitget
Aevo
BloFin
Orderly
Arcus
Polymarket Perps
SunX
Lighter
Phemex
Vest
Phoenix
Coinbase International
Variational Omni
ApeX OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.038% | 0.0000% | 8h | $359K | $4.8M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.016% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Injective META/USDC PERP | −0.001% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.6M | $288K | 20x | |
| Ondo Perps META-USD.P | +0.004% | +0.0050% | 1h | $712K | $3.6M | 10x | as long as short |
| Hotstuff META-PERP | +0.004% | +0.0160% | 1h | $33K | $105 | 20x | as long as short |
| HTX META-USDT | +0.007% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| Binance METAUSDT | +0.012% | 0.0000% | 8h | $27.7M | $154.4M | 20x | as long as short |
| Paradex META-USD-PERP | +0.013% | +0.0050% | 8h | — | — | 5x | as long as short |
| tradeXYZ xyz:META | +0.013% | +0.0050% | 1h | $77.2M | $92.0M | 20x | as long as short |