After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.055%7d average+0.004%fees + slippage, in and out−$55spread needed0.551%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 744.35 | 0.0100 | pay 0.0100% / 8h | 5h 03m | $1.6M | $289K | 20x |
| Short | Nado META-PERP | 744.76 | −0.0019 | pay 0.0002% / 1h | 3m 27s | $394K | $215K | 20x |
KuCoin METAUSDTM
Nado META-PERPPrice 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
- $5.48
- Funding while held
- −$3.58
- Slippage, 4 orders
- −$36.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$53.22
- Spread needed to break even
- 0.551%
Slippage from KuCoin: live order book, 9 min ago; Nado: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0119%
- Per $10,000 a day
- −$3.58
- 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, 9 min ago | 5.76 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 31 min ago | 1.00 bp | 6.1 bp −$6 | 18.7 bp −$187 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate744.12cheapesttradeXYZ744.19+0.009%Ondo Perps744.31+0.026%
Gate
tradeXYZ
Ondo PerpsKuCoin744.35+0.031%
OKX744.40+0.038%Hotstuff744.43+0.042%Aster744.43+0.042%Paradex744.50+0.052%Lighter RH744.54+0.056%QFEX744.57+0.060%Injective744.57+0.060%Bybit744.58+0.062%Arcus744.59+0.063%Extended744.60+0.064%HTX744.63+0.069%Popdex744.64+0.070%Binance744.65+0.072%Bitget744.66+0.073%Lighter744.70+0.078%Deribit744.72+0.081%Polymarket Perps744.74+0.083%
OKX
Hotstuff
Aster
Paradex
Lighter RH
QFEX
Injective
Bybit
Arcus
Extended
HTX
Popdex
Binance
Bitget
Lighter
Deribit
Polymarket PerpsNado744.76+0.086%
SoDEX744.79+0.090%Aevo744.85+0.098%BloFin744.86+0.099%Orderly744.87+0.101%ApeX Omni744.94+0.110%SunX745.01+0.120%edgeX745.11+0.133%Phemex745.26+0.153%Vest745.42+0.175%Phoenix745.68+0.210%Coinbase International745.84+0.231%Aftermath Perps745.94+0.245%Variational Omni746.17+0.276%
SoDEX
Aevo
BloFin
Orderly
ApeX Omni
SunX
Phemex
Vest
Phoenix
Coinbase International
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.031% | 0.0000% | 8h | $359K | $4.8M | 100x | as long as short |
| tradeXYZ xyz:META | −0.021% | +0.0050% | 1h | $77.1M | $92.1M | 20x | as long as short |
| Ondo Perps META-USD.P | −0.005% | +0.0050% | 1h | $712K | $3.6M | 10x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.6M | $289K | 20x | |
| OKX META-USDT-SWAP | +0.007% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Hotstuff META-PERP | +0.011% | +0.0240% | 1h | $33K | $105 | 20x | as long as short |
| Aster METAUSDT | +0.011% | 0.0000% | 8h | $458K | $432K | 20x | as long as short |
| Paradex META-USD-PERP | +0.021% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter RH META | +0.026% | +0.0032% | 1h | $737K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.030% | +0.0026% | 1h | $2.2M | $12.4M | 10x | as long as short |