After costs, if the gap returns to its 7d average, $10k−$71
spread now+0.026%7d average−0.010%fees + slippage, in and out−$75spread needed0.748%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 748.23 | −0.0022 | get 0.0003% / 1h | 17m 17s | $395K | $215K | 20x |
| Short | ApeX Omni METAUSDT | 748.42 | 0.0100 | get 0.0013% / 1h | 17m 17s | $168K | $71K | 50x |
Nado META-PERP
ApeX Omni METAUSDTPrice 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
- $2.58
- Funding while held
- $3.65
- Slippage, 4 orders
- −$57.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$68.54
- Spread needed to break even
- 0.748%
Slippage from Nado: live order book, 17 min ago; ApeX Omni: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0122%
- Per $10,000 a day
- +$3.65
- 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 Nado live order book, 17 min ago | 1.00 bp | 11.2 bp −$11 | 19.4 bp −$194 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 15 min ago | 4.08 bp | 26.9 bp −$27 | 432.3 bp −$4,323 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Bybit747.54cheapestOndo Perps747.59+0.007%Gate747.62+0.011%Hotstuff747.67+0.017%OKX747.69+0.020%HTX747.69+0.020%tradeXYZ747.70+0.021%Injective747.70+0.021%Coinbase International747.70+0.021%Deribit747.74+0.027%SoDEX747.76+0.029%KuCoin747.83+0.039%Orderly747.83+0.039%Binance747.86+0.042%Aevo747.86+0.043%Extended747.87+0.045%Bitget747.88+0.045%BloFin747.96+0.056%Paradex747.96+0.057%QFEX747.98+0.059%Arcus747.99+0.060%Popdex747.99+0.060%Lighter RH748.02+0.064%Polymarket Perps748.02+0.064%SunX748.04+0.067%Lighter748.10+0.075%Aster748.13+0.079%edgeX748.16+0.083%
Bybit
Ondo Perps
Gate
Hotstuff
OKX
HTX
tradeXYZ
Injective
Coinbase International
Deribit
SoDEX
KuCoin
Orderly
Binance
Aevo
Extended
Bitget
BloFin
Paradex
QFEX
Arcus
Popdex
Lighter RH
Polymarket Perps
SunX
Lighter
AsterNado748.23+0.092%
Phoenix748.30+0.102%Aftermath Perps748.35+0.108%Phemex748.38+0.112%
Phoenix
PhemexApeX Omni748.42+0.118%
Variational Omni748.44+0.120%Vest748.75+0.162%
Variational Omni
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit METAUSDT | −0.092% | 0.0000% | 8h | $8.2M | $11.4M | 100x | as long as short |
| Ondo Perps META-USD.P | −0.085% | +0.0050% | 1h | $715K | $3.5M | 10x | as long as short |
| Gate META_USDT | −0.081% | 0.0000% | 8h | $361K | $4.7M | 100x | as long as short |
| Hotstuff META-PERP | −0.074% | +0.0192% | 1h | $33K | $105 | 20x | as long as short |
| OKX META-USDT-SWAP | −0.072% | 0.0000% | 8h | $6.1M | $12.0M | 20x | as long as short |
| HTX META-USDT | −0.072% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| tradeXYZ xyz:META | −0.070% | +0.0050% | 1h | $78.4M | $90.5M | 20x | as long as short |
| Injective META/USDC PERP | −0.070% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.070% | +0.0048% | 1h | $647K | $6.5M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.065% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX META-USD | −0.062% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| KuCoin METAUSDTM | −0.053% | +0.0100% | 8h | $1.6M | $284K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.053% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Binance METAUSDT | −0.050% | 0.0000% | 8h | $27.7M | $152.1M | 20x | as long as short |
| Aevo META-PERP | −0.049% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| Extended META_24_5-USD | −0.047% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| Bitget METAUSDT | −0.046% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| BloFin META-USDT | −0.036% | −0.0120% | 8h | $333K | $999K | 20x | as long as short |
| Paradex META-USD-PERP | −0.035% | +0.0050% | 8h | — | — | 5x | as long as short |
| QFEX META-USD | −0.033% | +0.0026% | 1h | $2.1M | $12.0M | 10x | as long as short |
| Arcus META-USD | −0.032% | +0.0478% | 1h | $268K | $309K | 10x | as long as short |
| Popdex METAUSDT | −0.032% | +0.0048% | 1h | $175K | $186K | 20x | as long as short |
| Lighter RH META | −0.028% | +0.0032% | 1h | $741K | $3.0M | 20x | as long as short |
| Polymarket Perps META-USD | −0.028% | +0.0050% | 1h | $545K | $834K | 10x | as long as short |
| SunX META-USDT | −0.025% | 0.0000% | 8h | $870 | $9.4M | 20x | as long as short |
| Lighter META | −0.017% | +0.0056% | 1h | $863K | $2.5M | 20x | as long as short |
| Aster METAUSDT | −0.013% | 0.0000% | 8h | $460K | $430K | 20x | as long as short |
| edgeX METAUSDC | −0.009% | +0.0032% | 4h | $62K | $328K | 10x | as long as short |
| Nado META-PERPlong | 0.000% | −0.0022% | 1h | $395K | $215K | 20x | |
| Phoenix META | +0.010% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.016% | +0.0295% | 1h | $45K | $46K | 10x | as long as short |
| Phemex METAUSDT | +0.020% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| ApeX Omni METAUSDTshort | +0.026% | +0.0100% | 1h | $168K | $71K | 50x | |
| Variational Omni META | +0.028% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| Vest META-USD-PERP | +0.070% | +0.0046% | 1h | — | $9K | 25x | as long as short |