After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.099%7d average−0.029%fees + slippage, in and out−$38spread needed0.376%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter META | 746.68 | 0.0056 | pay 0.0007% / 1h | 9m 46s | $861K | $2.5M | 20x |
| Short | Gate META_USDT | 745.94 | 0 | get 0.0000% / 8h | 5h 09m | $360K | $4.8M | 100x |
Lighter META
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
- −$9.91
- Funding while held
- −$1.68
- Slippage, 4 orders
- −$22.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.18
- Spread needed to break even
- 0.376%
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.68
- 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, 4 min ago | 0.80 bp | 0.9 bp −$1 | 2.2 bp −$22 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.82 bp | 14.9 bp −$15 | 33.1 bp −$331 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate745.94cheapest
tradeXYZ746.03+0.012%KuCoin746.23+0.039%Injective746.38+0.059%OKX746.39+0.060%Bitget746.39+0.060%edgeX746.40+0.061%Bybit746.42+0.064%Lighter RH746.47+0.071%Extended746.47+0.071%Binance746.54+0.080%Aster746.63+0.092%
tradeXYZ
KuCoin
Injective
OKX
Bitget
Bybit
Lighter RH
Extended
Binance
AsterLighter746.68+0.099%
HTX746.74+0.107%Phoenix746.78+0.113%Hotstuff746.86+0.123%SoDEX746.93+0.133%Aevo746.99+0.141%Phemex746.99+0.141%Nado747.00+0.142%Deribit747.00+0.142%Coinbase International747.07+0.151%Polymarket Perps747.12+0.158%Arcus747.14+0.161%QFEX747.17+0.165%Variational Omni747.17+0.165%Paradex747.17+0.165%Orderly747.18+0.166%Popdex747.19+0.168%ApeX Omni747.19+0.168%SunX747.26+0.177%Ondo Perps747.38+0.193%BloFin747.40+0.196%Vest747.67+0.232%Aftermath Perps747.68+0.233%
HTX
Phoenix
Hotstuff
SoDEX
Aevo
Phemex
Nado
Deribit
Coinbase International
Polymarket Perps
Arcus
QFEX
Variational Omni
Paradex
Orderly
Popdex
ApeX Omni
SunX
Ondo Perps
BloFin
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDTshort | −0.099% | 0.0000% | 8h | $360K | $4.8M | 100x | |
| tradeXYZ xyz:META | −0.087% | +0.0050% | 1h | $77.4M | $91.8M | 20x | as long as short |
| KuCoin METAUSDTM | −0.060% | +0.0100% | 8h | $1.6M | $287K | 20x | as long as short |
| Injective META/USDC PERP | −0.040% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| OKX META-USDT-SWAP | −0.039% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Bitget METAUSDT | −0.039% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| edgeX METAUSDC | −0.038% | +0.0841% | 4h | $62K | $326K | 10x | as long as short |
| Bybit METAUSDT | −0.035% | 0.0000% | 8h | $8.2M | $11.6M | 100x | as long as short |
| Lighter RH META | −0.028% | +0.0032% | 1h | $739K | $3.0M | 20x | as long as short |
| Extended META_24_5-USD | −0.028% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |