After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.051%7d average−0.017%fees + slippage, in and out−$24spread needed0.237%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH META | 737.73 | 0.0032 | pay 0.0004% / 1h | 26m 34s | $706K | $2.7M | 20x |
| Short | edgeX METAUSDC | 738.10 | 0.0858 | get 0.0429% / 4h | 2h 26m | $62K | $328K | 10x |
Lighter RH METAPrice 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
- $5.07
- Funding while held
- $24.78
- Slippage, 4 orders
- −$14.67
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.18
- Spread needed to break even
- 0.237%
Slippage from Lighter RH: live order book, 3 min ago; edgeX: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0826%
- Per $10,000 a day
- +$24.78
- 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 RH live order book, 3 min ago | 1.56 bp | 1.6 bp −$2 | 5.0 bp −$50 | 38.2 bp −$3,821 | doesn't fit |
| Sell edgeX live order book, 13 min ago | 5.51 bp | 10.1 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate736.97cheapestNado737.28+0.042%Phoenix737.29+0.043%Ondo Perps737.30+0.045%KuCoin737.50+0.072%Binance737.51+0.073%Hotstuff737.53+0.076%tradeXYZ737.54+0.077%OKX737.54+0.077%ApeX Omni737.54+0.077%Bybit737.56+0.080%Paradex737.64+0.090%Variational Omni737.70+0.098%QFEX737.72+0.102%
Gate
Nado
Phoenix
Ondo Perps
KuCoin
Binance
Hotstuff
tradeXYZ
OKX
ApeX Omni
Bybit
Paradex
Variational Omni
QFEXLighter RH737.73+0.103%
Popdex737.74+0.104%Bitget737.75+0.106%Aster737.77+0.108%Extended737.77+0.109%Deribit737.80+0.113%SoDEX737.87+0.122%Lighter737.88+0.123%Aftermath Perps737.95+0.132%HTX737.96+0.134%BloFin737.99+0.138%Phemex738.04+0.145%Arcus738.05+0.147%Polymarket Perps738.11+0.155%SunX738.12+0.156%Aevo738.12+0.157%Orderly738.17+0.163%Coinbase International738.30+0.180%Vest738.42+0.197%Injective740.12+0.427%
Popdex
Bitget
Aster
Extended
Deribit
SoDEX
Lighter
HTX
BloFin
Phemex
Arcus
Polymarket Perps
SunX
Aevo
Orderly
Coinbase International
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.103% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Nado META-PERP | −0.061% | +0.0018% | 1h | $390K | $173K | 20x | as long as short |
| Phoenix META | −0.060% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.058% | +0.0050% | 1h | $775K | $3.1M | 10x | as long as short |
| KuCoin METAUSDTM | −0.031% | +0.0100% | 8h | $1.5M | $208K | 20x | as long as short |
| Binance METAUSDT | −0.030% | 0.0000% | 8h | $25.8M | $128.5M | 20x | as long as short |
| Hotstuff META-PERP | −0.027% | −0.0048% | 1h | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | −0.026% | +0.0050% | 1h | $66.8M | $57.4M | 20x | as long as short |
| OKX META-USDT-SWAP | −0.026% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| ApeX Omni METAUSDT | −0.026% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |