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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH META | 748.11 | 0.0032 | pay 0.0004% / 1h | 17m 52s | $741K | $3.0M | 20x |
| Short | Popdex METAUSDT | 748.03 | 0.0048 | get 0.0006% / 1h | 17m 52s | $175K | $186K | 20x |
Price 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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 2 min ago | 1.27 bp | 1.9 bp −$2 | 5.3 bp −$53 | 39.1 bp −$3,909 | doesn't fit |
| Sell Popdex live order book, 17 min ago | 1.07 bp | 5.7 bp −$6 | 38.6 bp −$386 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.184% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| Phoenix META | −0.171% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Gate META_USDT | −0.116% | 0.0000% | 8h | $361K | $4.7M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.074% | 0.0000% | 8h | $6.0M | $12.0M | 20x | as long as short |
| Injective META/USDC PERP | −0.055% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| HTX META-USDT | −0.051% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| Bybit METAUSDT | −0.047% | 0.0000% | 8h | $8.2M | $11.4M | 100x | as long as short |
| SoDEX META-USD | −0.047% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.039% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| tradeXYZ xyz:META | −0.036% | +0.0050% | 1h | $78.4M | $90.5M | 20x | as long as short |
Lighter RH META
Popdex METAUSDT
ApeX Omni
Phoenix
Gate
OKX
Injective
HTX
Bybit
SoDEX
Deribit
tradeXYZ
Extended
KuCoin
Aster
Binance
Bitget
Polymarket Perps
Coinbase International
SunX
Lighter
Phemex
Variational Omni
Paradex
BloFin