After costs, if the gap returns to its 7d average, $10k−$9
spread now+0.132%7d average−0.019%fees + slippage, in and out−$24spread needed0.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX META-USDT-SWAP | 712.50 | 0 | get 0.0000% / 8h | 1h 26m | $6.1M | $6.8M | 20x |
| Short | Lighter META | 713.44 | 0.0032 | get 0.0004% / 1h | 26m 16s | $705K | $2.0M | 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
- $13.19
- Funding while held
- $0.96
- Slippage, 4 orders
- −$14.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$10.12
- Spread needed to break even
- 0.243%
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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 OKX live order book, 3 min ago | 1.97 bp | 11.1 bp −$11 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.12 bp | 1.6 bp −$2 | 2.5 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.168% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| edgeX METAUSDC | −0.077% | +0.0810% | 4h | $60K | $322K | 10x | as long as short |
| SoDEX META-USD | −0.045% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.029% | 0.0000% | 1h | $29K | $246K | 10x | as long as short |
| Gate META_USDT | −0.027% | 0.0000% | 8h | $396K | $2.9M | 100x | as long as short |
| Variational Omni META | −0.009% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Extended META_24_5-USD | −0.009% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| OKX META-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $6.1M | $6.8M | 20x | |
| Phoenix META | +0.001% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| Aevo META-PERP | +0.003% | +0.0104% | 1h | $257 | — | 10x | as long as short |
OKX META-USDT-SWAP
Lighter META
ApeX Omni
SoDEX
Deribit
Gate
Variational Omni
Extended
Phoenix
tradeXYZ
Bybit
KuCoin
Bitget
Binance
HTX
Coinbase International
SunX
Popdex
Polymarket Perps
Aster
Paradex
Lighter RH
BloFin
Phemex
Injective