After costs, if the gap returns to its 7d average, $10k−$112
spread now−0.092%7d average+0.355%fees + slippage, in and out−$67spread needed0.672%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 733.48 | 0.0000 | pay 0.0000% / 1h | 47m 33s | $389K | $172K | 20x |
| Short | Injective META/USDC PERP | 732.81 | 0.0220 | get 0.0028% / 1h | 47m 33s | $167K | $101K | 30x |
Nado META-PERP
Injective META/USDC PERPPrice 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
- −$9.2
- Funding while held
- $6.6
- Slippage, 4 orders
- −$60.2
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$69.82
- Spread needed to break even
- 0.672%
Slippage from Nado: live order book, 57 min ago; Injective: live order book, 58 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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, 57 min ago | 1.31 bp | 5.9 bp −$6 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell Injective live order book, 58 min ago | 19.17 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.edgeX732.33cheapestApeX Omni732.36+0.004%Variational Omni732.45+0.016%Phoenix732.51+0.025%Aftermath Perps732.72+0.054%
ApeX Omni
Variational Omni
PhoenixInjective732.81+0.066%
HTX733.35+0.139%Coinbase International733.38+0.144%SoDEX733.44+0.152%
HTX
Coinbase International
SoDEXNado733.48+0.158%
Hotstuff733.57+0.170%Ondo Perps733.59+0.172%Deribit733.63+0.178%Gate733.69+0.186%Aevo733.77+0.197%Aster733.90+0.214%Arcus733.92+0.217%Polymarket Perps733.94+0.220%BloFin733.96+0.223%SunX733.97+0.224%KuCoin733.99+0.227%Orderly734.03+0.232%tradeXYZ734.10+0.242%Vest734.19+0.254%Bybit734.20+0.256%Paradex734.21+0.257%Phemex734.23+0.260%OKX734.28+0.266%Lighter RH734.31+0.271%Binance734.35+0.275%Extended734.38+0.280%Bitget734.39+0.282%Lighter734.42+0.286%QFEX734.47+0.292%Popdex734.49+0.295%
Hotstuff
Ondo Perps
Deribit
Gate
Aevo
Aster
Arcus
Polymarket Perps
BloFin
SunX
KuCoin
Orderly
tradeXYZ
Vest
Bybit
Paradex
Phemex
OKX
Lighter RH
Binance
Extended
Bitget
Lighter
QFEX
PopdexMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDC | −0.158% | +0.0647% | 4h | $61K | $326K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.153% | +0.0100% | 1h | $134K | $57K | 50x | as long as short |
| Variational Omni META | −0.141% | 0.0000% | 8h | $1.4M | $2.2M | — | as long as short |
| Phoenix META | −0.133% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.104% | +0.0270% | 1h | $44K | $47K | 10x | as long as short |
| Injective META/USDC PERPshort | −0.092% | +0.0220% | 1h | $167K | $101K | 30x | |
| HTX META-USDT | −0.018% | 0.0000% | 8h | $104K | $271K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.014% | +0.0048% | 1h | $634K | $5.9M | 10x | as long as short |
| SoDEX META-USD | −0.006% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Nado META-PERPlong | 0.000% | 0.0000% | 1h | $389K | $172K | 20x |