After costs, if the gap returns to its 7d average, $10k−$76
spread now+0.003%7d average+0.018%fees + slippage, in and out−$75spread needed0.750%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 727.12 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $1.5M | $186K | 20x |
| Short | Gate META_USDT | 727.14 | 0 | get 0.0000% / 8h | 7h 37m | $373K | $3.6M | 100x |
KuCoin METAUSDTM
Gate META_USDTPrice 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
- $0.28
- Funding while held
- −$3
- Slippage, 4 orders
- −$48.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.74
- Spread needed to break even
- 0.750%
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 2 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, 5 min ago | 6.89 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.30 bp | 23.4 bp −$23 | 50.7 bp −$507 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.edgeX725.88cheapestHTX725.94+0.009%SoDEX725.97+0.013%Phemex726.06+0.025%Variational Omni726.15+0.038%Aevo726.26+0.053%Aftermath Perps726.34+0.064%Deribit726.36+0.067%ApeX Omni726.39+0.071%BloFin726.39+0.071%Ondo Perps726.43+0.076%SunX726.46+0.080%Phoenix726.51+0.087%Orderly726.57+0.096%Coinbase International726.75+0.120%Injective726.96+0.149%
HTX
SoDEX
Phemex
Variational Omni
Aevo
Deribit
ApeX Omni
BloFin
Ondo Perps
SunX
Phoenix
Orderly
Coinbase International
InjectiveKuCoin727.12+0.171%
Gate727.14+0.174%
Popdex727.26+0.191%Extended727.42+0.212%Paradex727.43+0.215%Nado727.47+0.219%Hotstuff727.48+0.221%Aster727.49+0.222%Vest727.51+0.225%Lighter RH727.53+0.228%Lighter727.57+0.233%tradeXYZ727.60+0.237%Binance727.61+0.239%Bybit727.66+0.246%Arcus727.66+0.246%Bitget727.68+0.248%QFEX727.70+0.251%Polymarket Perps727.70+0.251%OKX727.71+0.253%
Popdex
Extended
Paradex
Nado
Hotstuff
Aster
Vest
Lighter RH
Lighter
tradeXYZ
Binance
Bybit
Arcus
Bitget
QFEX
Polymarket Perps
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDC | −0.171% | +0.0604% | 4h | $61K | $324K | 10x | as long as short |
| HTX META-USDT | −0.162% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| SoDEX META-USD | −0.158% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Phemex METAUSDT | −0.146% | −0.0205% | 4h | $1.9M | $5K | 10x | as long as short |
| Variational Omni META | −0.133% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Aevo META-PERP | −0.118% | +0.0104% | 1h | $261 | — | 10x | as long as short |
| Aftermath Perps METAUSD | −0.107% | +0.0244% | 1h | $44K | $47K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.105% | 0.0000% | 1h | $28K | $260K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.100% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| BloFin META-USDT | −0.100% | −0.0120% | 8h | $325K | $567K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.095% | +0.0050% | 1h | $846K | $2.8M | 10x | as long as short |
| SunX META-USDT | −0.091% | 0.0000% | 8h | $883 | $9.2M | 20x | as long as short |
| Phoenix META | −0.084% | +0.0100% | 1h | $283K | $361K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.076% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.051% | +0.0040% | 1h | $689K | $5.6M | 10x | as long as short |
| Injective META/USDC PERP | −0.022% | +0.0220% | 1h | $165K | $135K | 30x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.5M | $186K | 20x | |
| Gate META_USDTshort | +0.003% | 0.0000% | 8h | $373K | $3.6M | 100x | |
| Popdex METAUSDT | +0.019% | +0.0048% | 1h | $174K | $161K | 20x | as long as short |
| Extended META_24_5-USD | +0.041% | 0.0000% | 1h | $522K | $1.4M | 17x | as long as short |
| Paradex META-USD-PERP | +0.043% | +0.0051% | 8h | — | — | 5x | as long as short |
| Nado META-PERP | +0.048% | +0.0024% | 1h | $394K | $121K | 20x | as long as short |
| Hotstuff META-PERP | +0.050% | −0.0056% | 1h | $33K | $105 | 20x | as long as short |
| Aster METAUSDT | +0.051% | 0.0000% | 8h | $447K | $95K | 20x | as long as short |
| Vest META-USD-PERP | +0.054% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Lighter RH META | +0.056% | +0.0032% | 1h | $654K | $2.6M | 20x | as long as short |
| Lighter META | +0.062% | +0.0032% | 1h | $700K | $2.2M | 20x | as long as short |
| tradeXYZ xyz:META | +0.066% | +0.0050% | 1h | $66.1M | $51.0M | 20x | as long as short |
| Binance METAUSDT | +0.068% | 0.0000% | 8h | $25.5M | $108.8M | 20x | as long as short |
| Bybit METAUSDT | +0.074% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |
| Arcus META-USD | +0.074% | +0.0040% | 1h | $280K | $278K | 10x | as long as short |
| Bitget METAUSDT | +0.077% | 0.0000% | 8h | $5.2M | $7.2M | 100x | as long as short |
| QFEX META-USD | +0.080% | +0.0016% | 1h | $1.8M | $7.5M | 10x | as long as short |
| Polymarket Perps META-USD | +0.080% | +0.0050% | 1h | $665K | $474K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.081% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |