After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.050%7d average+0.059%fees + slippage, in and out−$29spread needed0.288%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 712.09 | 0.0020 | pay 0.0002% / 1h | 34m 49s | $441K | $87K | 20x |
| Short | Binance METAUSDT | 712.44 | 0 | get 0.0000% / 8h | 34m 49s | $25.6M | $92.9M | 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
- $4.95
- Funding while held
- −$0.59
- Slippage, 4 orders
- −$11.8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$24.43
- Spread needed to break even
- 0.288%
Slippage from Nado: live order book, 14 min ago; Binance: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.59
- 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, 14 min ago | 0.71 bp | 11.3 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.42 bp | 6.1 bp −$6 | 11.1 bp −$111 | 46.6 bp −$4,656 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.247% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Ondo Perps META-USD.P | −0.227% | +0.0050% | 1h | $845K | $2.5M | 10x | as long as short |
| Phoenix META | −0.212% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| Hotstuff META-PERP | −0.185% | +0.0088% | 1h | $32K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | −0.174% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Paradex META-USD-PERP | −0.139% | +0.0052% | 8h | — | — | 5x | as long as short |
| edgeX METAUSDC | −0.116% | +0.0822% | 4h | $60K | $324K | 10x | as long as short |
| QFEX META-USD | −0.114% | +0.0028% | 1h | $1.8M | $5.9M | 10x | as long as short |
| Arcus META-USD | −0.112% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| Popdex METAUSDT | −0.098% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
Binance METAUSDT
Variational Omni
Phoenix
ApeX Omni
Paradex
Popdex
Polymarket Perps
KuCoin
SoDEX
Deribit
Coinbase International
HTX
BloFin
Gate
Aster
Lighter RH
Lighter
Bybit
SunX
tradeXYZ
Phemex
Extended
OKX
Injective
Bitget