After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.081%7d average+0.040%fees + slippage, in and out−$35spread needed0.355%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 712.46 | 0.0015 | pay 0.0002% / 1h | 28m 01s | $442K | $87K | 20x |
| Short | BloFin META-USDT | 713.04 | −0.0120 | pay 0.0120% / 8h | 28m 01s | $341K | $473K | 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
- $8.08
- Funding while held
- −$4.06
- Slippage, 4 orders
- −$16.47
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.44
- Spread needed to break even
- 0.355%
Slippage from Nado: live order book, 21 min ago; BloFin: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0135%
- Per $10,000 a day
- −$4.06
- 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, 21 min ago | 0.71 bp | 11.3 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 1.83 bp | 9.5 bp −$9 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.033% | +0.0050% | 1h | $851K | $2.6M | 10x | as long as short |
| Nado META-PERPlong | 0.000% | +0.0015% | 1h | $442K | $87K | 20x | |
| Phoenix META | +0.046% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.069% | +0.0244% | 1h | $43K | $48K | 10x | as long as short |
| Hotstuff META-PERP | +0.070% | −0.0072% | 1h | $32K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | +0.072% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| BloFin META-USDTshort | +0.081% | −0.0120% | 8h | $341K | $473K | 20x | |
| Paradex META-USD-PERP | +0.081% | +0.0052% | 8h | — | — | 5x | as long as short |
| edgeX METAUSDC | +0.101% | +0.0016% | 4h | $60K | $325K | 10x | as long as short |
| Variational Omni META | +0.104% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
BloFin META-USDT
Phoenix
ApeX Omni
Paradex
Variational Omni
KuCoin
Coinbase International
Bitget
Binance
Gate
Bybit
tradeXYZ
Deribit
Phemex
Popdex
Aster
Lighter RH
Lighter
Polymarket Perps
HTX
SoDEX
OKX
Extended
SunX
Injective