After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.219%7d average−0.019%fees + slippage, in and out−$59spread needed0.589%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter META | 748.37 | 0.0056 | pay 0.0007% / 1h | 21m 29s | $863K | $2.5M | 20x |
| Short | ApeX Omni METAUSDT | 746.73 | 0.0100 | get 0.0013% / 1h | 21m 29s | $167K | $71K | 50x |
Lighter META
ApeX Omni METAUSDTPrice 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
- −$21.91
- Funding while held
- $1.32
- Slippage, 4 orders
- −$48.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$79.45
- Spread needed to break even
- 0.589%
Slippage from Lighter: live order book, 2 min ago; ApeX Omni: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0044%
- Per $10,000 a day
- +$1.32
- 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 Lighter live order book, 2 min ago | 0.40 bp | 0.7 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 11 min ago | 4.08 bp | 26.9 bp −$27 | 432.3 bp −$4,323 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni746.73cheapest
Phoenix746.83+0.013%BloFin746.93+0.027%Nado747.04+0.042%Variational Omni747.08+0.047%Injective747.36+0.084%Coinbase International747.39+0.088%Ondo Perps747.45+0.096%Gate747.66+0.125%tradeXYZ747.79+0.142%Hotstuff747.79+0.142%Bybit747.80+0.143%KuCoin747.82+0.146%Aftermath Perps747.84+0.148%SoDEX747.88+0.154%Phemex747.91+0.158%Paradex747.93+0.161%HTX747.94+0.162%Aevo747.94+0.162%edgeX747.95+0.163%Deribit747.95+0.163%Aster747.96+0.164%Binance748.02+0.173%Arcus748.02+0.173%OKX748.05+0.177%Bitget748.05+0.177%Extended748.06+0.178%QFEX748.09+0.182%Popdex748.12+0.186%SunX748.17+0.193%Polymarket Perps748.18+0.194%Lighter RH748.21+0.198%Orderly748.21+0.198%
Phoenix
BloFin
Nado
Variational Omni
Injective
Coinbase International
Ondo Perps
Gate
tradeXYZ
Hotstuff
Bybit
KuCoin
SoDEX
Phemex
Paradex
HTX
Aevo
Deribit
Aster
Binance
Arcus
OKX
Bitget
Extended
QFEX
Popdex
SunX
Polymarket Perps
Lighter RH
OrderlyLighter748.37+0.220%
Vest748.65+0.257%
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDTshort | −0.219% | +0.0100% | 1h | $167K | $71K | 50x | |
| Phoenix META | −0.206% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| BloFin META-USDT | −0.192% | −0.0120% | 8h | $333K | $993K | 20x | as long as short |
| Nado META-PERP | −0.177% | −0.0024% | 1h | $395K | $215K | 20x | as long as short |
| Variational Omni META | −0.173% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| Injective META/USDC PERP | −0.135% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.131% | +0.0048% | 1h | $644K | $6.5M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.123% | +0.0050% | 1h | $715K | $3.5M | 10x | as long as short |
| Gate META_USDT | −0.095% | 0.0000% | 8h | $362K | $4.7M | 100x | as long as short |
| tradeXYZ xyz:META | −0.078% | +0.0050% | 1h | $79.9M | $89.2M | 20x | as long as short |