After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.099%7d average−0.092%fees + slippage, in and out−$35spread needed0.352%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 712.68 | 0.0016 | pay 0.0002% / 1h | 32m 28s | $442K | $87K | 20x |
| Short | Coinbase International META-PERP-INTX | 711.97 | 0.0056 | get 0.0007% / 1h | 32m 28s | $644K | $4.9M | 10x |
Nado META-PERP
Coinbase International META-PERP-INTXPrice 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
- −$9.9
- Funding while held
- $1.2
- Slippage, 4 orders
- −$18.21
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$43.91
- Spread needed to break even
- 0.352%
Slippage from Nado: live order book, 17 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.20
- 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 | 0.71 bp | 11.3 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.81 bp | 10.0 bp −$10 | 13.7 bp −$137 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni710.33cheapestPhoenix710.58+0.036%edgeX711.20+0.122%Injective711.82+0.210%
Variational Omni
Phoenix
InjectiveCoinbase International711.97+0.231%
Aftermath Perps712.11+0.251%ApeX Omni712.13+0.254%Ondo Perps712.35+0.285%Gate712.47+0.302%Phemex712.59+0.319%Hotstuff712.60+0.320%Deribit712.60+0.320%SoDEX712.62+0.323%
ApeX Omni
Ondo Perps
Gate
Phemex
Hotstuff
Deribit
SoDEXNado712.68+0.331%
Aevo712.70+0.334%HTX712.70+0.334%OKX712.77+0.344%KuCoin712.80+0.348%Paradex712.82+0.351%Lighter RH712.84+0.354%QFEX712.84+0.354%BloFin712.84+0.354%Arcus712.85+0.355%tradeXYZ712.87+0.358%Popdex712.89+0.361%Bybit712.90+0.362%Lighter712.91+0.364%Aster712.92+0.365%SunX712.95+0.369%Bitget712.98+0.373%Orderly712.98+0.373%Extended712.99+0.375%Binance713.01+0.378%Vest713.03+0.380%Polymarket Perps713.04+0.382%
Aevo
HTX
OKX
KuCoin
Paradex
Lighter RH
QFEX
BloFin
Arcus
tradeXYZ
Popdex
Bybit
Lighter
Aster
SunX
Bitget
Orderly
Extended
Binance
Vest
Polymarket PerpsMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.329% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | −0.294% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| edgeX METAUSDC | −0.208% | +0.0875% | 4h | $60K | $324K | 10x | as long as short |
| Injective META/USDC PERP | −0.120% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTXshort | −0.099% | +0.0056% | 1h | $644K | $4.9M | 10x | |
| Aftermath Perps METAUSD | −0.079% | +0.0242% | 1h | $43K | $48K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.077% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.046% | +0.0050% | 1h | $845K | $2.6M | 10x | as long as short |
| Gate META_USDT | −0.029% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
| Phemex METAUSDT | −0.012% | −0.0021% | 4h | $1.9M | $5K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.011% | +0.0072% | 1h | $32K | $105 | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| SoDEX META-USD | −0.008% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Nado META-PERPlong | 0.000% | +0.0016% | 1h | $442K | $87K | 20x | |
| Aevo META-PERP | +0.003% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| HTX META-USDT | +0.003% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| OKX META-USDT-SWAP | +0.013% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| KuCoin METAUSDTM | +0.017% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| Paradex META-USD-PERP | +0.020% | +0.0052% | 8h | — | — | 5x | as long as short |
| Lighter RH META | +0.023% | +0.0032% | 1h | $667K | $2.4M | 20x | as long as short |
| QFEX META-USD | +0.023% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| BloFin META-USDT | +0.023% | −0.0120% | 8h | $341K | $470K | 20x | as long as short |
| Arcus META-USD | +0.024% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| tradeXYZ xyz:META | +0.027% | +0.0050% | 1h | $61.7M | $46.6M | 20x | as long as short |
| Popdex METAUSDT | +0.030% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| Bybit METAUSDT | +0.031% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Lighter META | +0.033% | +0.0032% | 1h | $686K | $2.1M | 20x | as long as short |
| Aster METAUSDT | +0.034% | 0.0000% | 8h | $439K | $86K | 20x | as long as short |
| SunX META-USDT | +0.038% | 0.0000% | 8h | $965 | $8.2M | 20x | as long as short |
| Bitget METAUSDT | +0.043% | 0.0000% | 8h | $4.9M | $5.9M | 100x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.043% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Extended META_24_5-USD | +0.045% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Binance METAUSDT | +0.047% | 0.0000% | 8h | $25.3M | $93.3M | 20x | as long as short |
| Vest META-USD-PERP | +0.050% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Polymarket Perps META-USD | +0.051% | +0.0050% | 1h | $648K | $463K | 10x | as long as short |