After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.027%7d average+0.007%fees + slippage, in and out−$41spread needed0.407%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 728.70 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $1.5M | $183K | 20x |
| Short | Lighter META | 728.90 | 0.0032 | get 0.0004% / 1h | 9m 45s | $701K | $2.2M | 20x |
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
- $2.74
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$28.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.95
- Spread needed to break even
- 0.407%
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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, 2 min ago | 5.90 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.89 bp | 1.4 bp −$1 | 3.1 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.049% | 0.0000% | 8h | $361K | $3.8M | 100x | as long as short |
| ApeX Omni METAUSDT | −0.025% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.023% | +0.0050% | 1h | $849K | $2.8M | 10x | as long as short |
| QFEX META-USD | −0.022% | +0.0016% | 1h | $1.8M | $8.0M | 10x | as long as short |
| HTX META-USDT | −0.019% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Nado META-PERP | −0.017% | +0.0037% | 1h | $394K | $122K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Bitget METAUSDT | −0.010% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| SoDEX META-USD | −0.008% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| tradeXYZ xyz:META | −0.007% | +0.0050% | 1h | $66.2M | $52.8M | 20x | as long as short |
KuCoin METAUSDTM
Lighter META
Gate
ApeX Omni
HTX
Deribit
Bitget
SoDEX
tradeXYZ
Popdex
Binance
Bybit
Paradex
SunX
BloFin
Extended
Polymarket Perps
OKX
Aster
Lighter RH
Phemex
Coinbase International
Phoenix
Variational Omni
Injective