After costs, if the gap returns to its 7d average, $10k−$43
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 | Lighter META | 728.90 | 0.0032 | pay 0.0004% / 1h | 9m 34s | $701K | $2.2M | 20x |
| Short | KuCoin METAUSDTM | 728.70 | 0.0100 | get 0.0100% / 8h | 7h 09m | $1.5M | $183K | 20x |
Lighter META
KuCoin METAUSDTMPrice 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 Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.36
- Spread needed to break even
- 0.407%
Slippage from Lighter: live order book, 4 min ago; KuCoin: live order book, 3 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 Lighter live order book, 4 min ago | 0.89 bp | 1.0 bp −$1 | 4.2 bp −$42 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.90 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps728.33cheapestGate728.34+0.001%ApeX Omni728.52+0.026%HTX728.56+0.032%Nado728.58+0.034%Bitget728.62+0.040%Deribit728.62+0.040%SoDEX728.64+0.043%
Ondo Perps
Gate
ApeX Omni
HTX
Nado
Bitget
Deribit
SoDEXKuCoin728.70+0.051%
Aevo728.71+0.052%QFEX728.71+0.052%OKX728.72+0.054%Paradex728.75+0.057%Popdex728.75+0.058%SunX728.77+0.060%BloFin728.77+0.060%Binance728.79+0.063%Extended728.80+0.064%Bybit728.80+0.065%tradeXYZ728.83+0.069%
Aevo
QFEX
OKX
Paradex
Popdex
SunX
BloFin
Binance
Extended
Bybit
tradeXYZLighter728.90+0.078%
Hotstuff728.90+0.078%Orderly728.90+0.078%Aster728.91+0.080%Lighter RH728.94+0.084%Phemex728.96+0.086%Polymarket Perps728.98+0.089%Coinbase International728.98+0.089%Arcus728.99+0.091%Phoenix729.01+0.093%Vest729.25+0.126%edgeX729.27+0.129%Aftermath Perps729.28+0.130%Variational Omni729.46+0.155%Injective730.12+0.246%
Hotstuff
Orderly
Aster
Lighter RH
Phemex
Polymarket Perps
Coinbase International
Arcus
Phoenix
Vest
Variational Omni
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.078% | +0.0050% | 1h | $849K | $2.8M | 10x | as long as short |
| Gate META_USDT | −0.077% | 0.0000% | 8h | $361K | $3.8M | 100x | as long as short |
| ApeX Omni METAUSDT | −0.052% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| HTX META-USDT | −0.047% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Nado META-PERP | −0.044% | +0.0037% | 1h | $394K | $122K | 20x | as long as short |
| Bitget METAUSDT | −0.038% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.038% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| SoDEX META-USD | −0.036% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| KuCoin METAUSDTMshort | −0.027% | +0.0100% | 8h | $1.5M | $183K | 20x | |
| Aevo META-PERP | −0.026% | +0.0104% | 1h | $262 | — | 10x | as long as short |