data as of
Settings8H · net · $10k
Price arb /

META

RWAall META markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$15
spread now−0.011%7d average+0.001%fees + slippage, in and out−$14spread needed0.142%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH META748.110.0032pay 0.0004% / 1h17m 52s$741K$3.0M20x
ShortPopdex METAUSDT748.030.0048get 0.0006% / 1h17m 52s$175K$186K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$1.07
Funding while held
$0.48
Slippage, 4 orders
−$7.84
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$14.83
Spread needed to break even
0.142%
Slippage from Lighter RH: live order book, 2 min ago; Popdex: live order book, 17 min ago.

Cost of waiting

funding view
Funding /8h
+0.0016%
Per $10,000 a day
+$0.48
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 2 min ago1.27 bp1.9 bp −$25.3 bp −$5339.1 bp −$3,909doesn't fit
Sell Popdex live order book, 17 min ago1.07 bp5.7 bp −$638.6 bp −$386doesn't fitdoesn't fit

META price on every exchange

against the cheapest. Click to use as the short leg.

META on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni METAUSDT−0.184%+0.0100%1h$167K$71K50xas long as short
Phoenix META−0.171%0.0000%1h$276K$618K20xas long as short
Gate META_USDT−0.116%0.0000%8h$361K$4.7M100xas long as short
OKX META-USDT-SWAP−0.074%0.0000%8h$6.0M$12.0M20xas long as short
Injective META/USDC PERP−0.055%+0.0220%1h$170K$76K30xas long as short
HTX META-USDT−0.051%0.0000%8h$106K$280K30xas long as short
Bybit METAUSDT−0.047%0.0000%8h$8.2M$11.4M100xas long as short
SoDEX META-USD−0.047%+0.0050%1h$25K$3K10xas long as short
Deribit META_USDC-PERPETUAL−0.039%0.0000%1h$28K$266K10xas long as short
tradeXYZ xyz:META−0.036%+0.0050%1h$78.4M$90.5M20xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo META-PERP−0.033%+0.0104%1h$26910xas long as short
Extended META_24_5-USD−0.032%0.0000%1h$554K$1.4M17xas long as short
KuCoin METAUSDTM−0.029%+0.0100%8h$1.6M$283K20xas long as short
Aster METAUSDT−0.020%0.0000%8h$460K$430K20xas long as short
QFEX META-USD−0.016%+0.0026%1h$2.1M$12.0M10xas long as short
Orderly PERP_META_USDC_mythos−0.015%+0.0100%8h$1K10xas long as short
Popdex METAUSDTshort−0.011%+0.0048%1h$175K$186K20x
Binance METAUSDT−0.008%0.0000%8h$27.7M$152.0M20xas long as short
Bitget METAUSDT−0.003%0.0000%8h$5.8M$9.4M100xas long as short
Polymarket Perps META-USD−0.001%+0.0050%1h$545K$834K10xas long as short
Lighter RH METAlong0.000%+0.0032%1h$741K$3.0M20x
Arcus META-USD0.000%+0.0478%1h$268K$309K10xas long as short
Coinbase International META-PERP-INTX+0.004%+0.0048%1h$648K$6.5M10xas long as short
edgeX METAUSDC+0.006%+0.0032%4h$62K$328K10xas long as short
Hotstuff META-PERP+0.012%+0.0192%1h$33K$10520xas long as short
Nado META-PERP+0.016%−0.0022%1h$395K$215K20xas long as short
SunX META-USDT+0.019%0.0000%8h$982$9.4M20xas long as short
Lighter META+0.020%+0.0056%1h$863K$2.5M20xas long as short
Phemex METAUSDT+0.027%0.0000%4h$2.0M$6K10xas long as short
Ondo Perps META-USD.P+0.032%+0.0050%1h$715K$3.5M10xas long as short
Variational Omni META+0.044%0.0000%8h$1.6M$2.2Mas long as short
Paradex META-USD-PERP+0.045%+0.0050%8h5xas long as short
Aftermath Perps METAUSD+0.054%+0.0297%1h$45K$46K10xas long as short
BloFin META-USDT+0.070%−0.0120%8h$334K$998K20xas long as short
Vest META-USD-PERP+0.103%+0.0046%1h$9K25xas long as short