After costs, if the gap returns to its 7d average, $10k−$24
spread now−0.043%7d average+0.018%fees + slippage, in and out−$18spread needed0.183%
| 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 23s | $863K | $2.5M | 20x |
| Short | OKX META-USDT-SWAP | 748.05 | 0 | get 0.0000% / 8h | 5h 21m | $6.1M | $11.9M | 20x |
Lighter META
OKX META-USDT-SWAPPrice 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
- −$4.28
- Funding while held
- −$1.68
- Slippage, 4 orders
- −$8.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$24.27
- Spread needed to break even
- 0.183%
Slippage from Lighter: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 0.40 bp | 0.7 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.94 bp | 9.1 bp −$9 | 16.8 bp −$168 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni746.73cheapestPhoenix746.83+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%
ApeX Omni
Phoenix
BloFin
Nado
Variational Omni
Injective
Coinbase International
Ondo Perps
Gate
tradeXYZ
Hotstuff
Bybit
KuCoin
SoDEX
Phemex
Paradex
HTX
Aevo
Deribit
Aster
Binance
ArcusOKX748.05+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%
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 METAUSDT | −0.219% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| 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 |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.078% | +0.0168% | 1h | $33K | $105 | 20x | as long as short |
| Bybit METAUSDT | −0.076% | 0.0000% | 8h | $8.2M | $11.3M | 100x | as long as short |
| KuCoin METAUSDTM | −0.073% | +0.0100% | 8h | $1.6M | $283K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.071% | +0.0293% | 1h | $44K | $46K | 10x | as long as short |
| SoDEX META-USD | −0.065% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Phemex METAUSDT | −0.061% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| Paradex META-USD-PERP | −0.058% | +0.0051% | 8h | — | — | 5x | as long as short |
| HTX META-USDT | −0.057% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| Aevo META-PERP | −0.057% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| edgeX METAUSDC | −0.056% | +0.0008% | 4h | $62K | $327K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Aster METAUSDT | −0.055% | 0.0000% | 8h | $460K | $429K | 20x | as long as short |
| Binance METAUSDT | −0.047% | 0.0000% | 8h | $27.7M | $150.8M | 20x | as long as short |
| Arcus META-USD | −0.047% | +0.0478% | 1h | $268K | $309K | 10x | as long as short |
| OKX META-USDT-SWAPshort | −0.043% | 0.0000% | 8h | $6.1M | $11.9M | 20x | |
| Bitget METAUSDT | −0.043% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| Extended META_24_5-USD | −0.042% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| QFEX META-USD | −0.037% | +0.0026% | 1h | $2.1M | $11.9M | 10x | as long as short |
| Popdex METAUSDT | −0.033% | +0.0048% | 1h | $174K | $186K | 20x | as long as short |
| SunX META-USDT | −0.027% | 0.0000% | 8h | $873 | $9.4M | 20x | as long as short |
| Polymarket Perps META-USD | −0.025% | +0.0050% | 1h | $545K | $834K | 10x | as long as short |
| Lighter RH META | −0.021% | +0.0032% | 1h | $750K | $3.0M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.021% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Lighter METAlong | 0.000% | +0.0056% | 1h | $863K | $2.5M | 20x | |
| Vest META-USD-PERP | +0.037% | +0.0046% | 1h | — | $9K | 25x | as long as short |