After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.070%7d average−0.024%fees + slippage, in and out−$50spread needed0.504%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 711.16 | 0.0025 | pay 0.0003% / 1h | 37m 01s | $441K | $87K | 20x |
| Short | Gate META_USDT | 710.66 | 0 | get 0.0000% / 8h | 37m 01s | $384K | $3.2M | 100x |
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
- −$6.96
- Funding while held
- −$0.76
- Slippage, 4 orders
- −$28.4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.13
- Spread needed to break even
- 0.504%
Slippage from Nado: live order book, 12 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0025%
- Per $10,000 a day
- −$0.76
- 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, 12 min ago | 0.71 bp | 11.3 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.45 bp | 16.1 bp −$16 | 38.5 bp −$385 | 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 | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.077% | +0.0100% | 8h | $1.5M | $138K | 20x | as long as short |
| Bybit METAUSDT | −0.075% | 0.0000% | 8h | $6.8M | $7.2M | 100x | as long as short |
| Gate META_USDTshort | −0.070% | 0.0000% | 8h | $384K | $3.2M | 100x | |
| OKX META-USDT-SWAP | −0.064% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Extended META_24_5-USD | −0.055% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.042% | −0.0059% | 1h | $29K | $253K | 10x | as long as short |
| Binance METAUSDT | −0.038% | 0.0000% | 8h | $25.6M | $92.4M | 20x | as long as short |
| tradeXYZ xyz:META | −0.036% | +0.0050% | 1h | $61.5M | $46.4M | 20x | as long as short |
| Bitget METAUSDT | −0.036% | 0.0000% | 8h | $4.9M | $5.9M | 100x | as long as short |
| SoDEX META-USD | −0.029% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
Gate META_USDT
KuCoin
Bybit
OKX
Extended
Deribit
Binance
tradeXYZ
Bitget
SoDEX
BloFin
Lighter RH
HTX
Lighter
SunX
Paradex
Popdex
Polymarket Perps
Aster
Coinbase International
Phemex
Variational Omni
Injective
ApeX Omni
Phoenix