After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.033%7d average+0.032%fees + slippage, in and out−$40spread needed0.396%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 713.25 | 0.0032 | pay 0.0004% / 1h | 39m 41s | $442K | $87K | 20x |
| Short | Bitget METAUSDT | 713.49 | 0 | get 0.0000% / 8h | 39m 41s | $4.9M | $5.9M | 100x |
Nado META-PERP
Bitget 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
- $3.34
- Funding while held
- −$0.95
- Slippage, 4 orders
- −$20.56
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$37.17
- Spread needed to break even
- 0.396%
Slippage from Nado: live order book, 10 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.95
- 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, 10 min ago | 0.71 bp | 11.3 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.20 bp | 12.0 bp −$12 | 23.8 bp −$238 | 59.7 bp −$5,965 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective710.19cheapestAftermath Perps710.95+0.107%ApeX Omni711.24+0.148%Phoenix711.37+0.166%edgeX711.49+0.183%Variational Omni711.84+0.233%Phemex712.38+0.308%Ondo Perps712.83+0.372%Paradex713.11+0.411%Lighter RH713.12+0.413%Bybit713.12+0.413%Coinbase International713.14+0.415%OKX713.15+0.417%Binance713.15+0.417%tradeXYZ713.19+0.422%BloFin713.19+0.422%Hotstuff713.21+0.425%Gate713.24+0.429%Lighter713.25+0.431%
Injective
ApeX Omni
Phoenix
Variational Omni
Phemex
Ondo Perps
Paradex
Lighter RH
Bybit
Coinbase International
OKX
Binance
tradeXYZ
BloFin
Hotstuff
Gate
LighterNado713.25+0.431%
Arcus713.34+0.444%KuCoin713.34+0.444%QFEX713.46+0.460%
Arcus
KuCoin
QFEXBitget713.49+0.465%
Vest713.49+0.465%Aster713.53+0.471%Popdex713.55+0.473%HTX713.57+0.476%Extended713.61+0.482%SoDEX713.67+0.490%Polymarket Perps713.72+0.497%Deribit713.74+0.500%Aevo713.75+0.502%SunX713.81+0.510%Orderly714.01+0.538%
Vest
Aster
Popdex
HTX
Extended
SoDEX
Polymarket Perps
Deribit
Aevo
SunX
OrderlyMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.429% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Aftermath Perps METAUSD | −0.323% | +0.0258% | 1h | $43K | $48K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.282% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Phoenix META | −0.264% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| edgeX METAUSDC | −0.247% | +0.0915% | 4h | $60K | $322K | 10x | as long as short |
| Variational Omni META | −0.198% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phemex METAUSDT | −0.122% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Ondo Perps META-USD.P | −0.059% | +0.0050% | 1h | $898K | $2.5M | 10x | as long as short |
| Paradex META-USD-PERP | −0.021% | +0.0053% | 8h | — | — | 5x | as long as short |
| Lighter RH META | −0.019% | +0.0032% | 1h | $679K | $2.4M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit METAUSDT | −0.019% | 0.0000% | 8h | $6.8M | $7.2M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.016% | +0.0056% | 1h | $673K | $4.8M | 10x | as long as short |
| OKX META-USDT-SWAP | −0.014% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Binance METAUSDT | −0.014% | 0.0000% | 8h | $25.7M | $91.7M | 20x | as long as short |
| tradeXYZ xyz:META | −0.009% | +0.0050% | 1h | $62.1M | $46.2M | 20x | as long as short |
| BloFin META-USDT | −0.009% | −0.0120% | 8h | $345K | $465K | 20x | as long as short |
| Hotstuff META-PERP | −0.006% | +0.0056% | 1h | $32K | $105 | 20x | as long as short |
| Gate META_USDT | −0.002% | 0.0000% | 8h | $389K | $3.1M | 100x | as long as short |
| Lighter META | 0.000% | +0.0032% | 1h | $696K | $2.1M | 20x | as long as short |
| Nado META-PERPlong | 0.000% | +0.0032% | 1h | $442K | $87K | 20x | |
| Arcus META-USD | +0.012% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| KuCoin METAUSDTM | +0.012% | +0.0100% | 8h | $1.5M | $137K | 20x | as long as short |
| QFEX META-USD | +0.029% | +0.0028% | 1h | $1.8M | $5.9M | 10x | as long as short |
| Bitget METAUSDTshort | +0.033% | 0.0000% | 8h | $4.9M | $5.9M | 100x | |
| Vest META-USD-PERP | +0.033% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Aster METAUSDT | +0.040% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |
| Popdex METAUSDT | +0.042% | +0.0048% | 1h | $166K | $154K | 20x | as long as short |
| HTX META-USDT | +0.045% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| Extended META_24_5-USD | +0.050% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| SoDEX META-USD | +0.059% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Polymarket Perps META-USD | +0.066% | +0.0050% | 1h | $649K | $466K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.068% | 0.0000% | 1h | $29K | $253K | 10x | as long as short |
| Aevo META-PERP | +0.070% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| SunX META-USDT | +0.078% | 0.0000% | 8h | $684 | $8.0M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.106% | +0.0100% | 8h | $1K | — | 10x | as long as short |