data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

META

RWAall META markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.033%7d average+0.005%fees + slippage, in and out−$40spread needed0.403%
Long on PhoenixShort on HTX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix META737.290.0055pay 0.0007% / 1h26m 07s$252K$513K20x
ShortHTX META-USDT737.530get 0.0000% / 8h6h 26m$105K$274K30x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$3.26
Funding while held
−$1.65
Slippage, 4 orders
−$21.35
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$38.74
Spread needed to break even
0.403%
Slippage from Phoenix: live order book, 13 min ago; HTX: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
−0.0055%
Per $10,000 a day
−$1.65
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 13 min ago2.99 bp10.1 bp −$1020.5 bp −$205doesn't fitdoesn't fit
Sell HTX live order book, 12 min ago2.78 bp8.8 bp −$910.4 bp −$104doesn't fitdoesn't fit

META price on every exchange

against the cheapest. Click to use as the short leg.
Gate736.77cheapestCoinbase International737.06+0.039%Deribit737.09+0.043%KuCoin737.10+0.045%tradeXYZ737.11+0.046%SoDEX737.22+0.061%Extended737.24+0.064%Nado737.28+0.069%
Phoenix737.29+0.071%
Ondo Perps737.30+0.072%Lighter RH737.34+0.077%SunX737.35+0.079%Orderly737.42+0.088%Bybit737.44+0.091%Arcus737.47+0.095%Lighter737.48+0.096%Bitget737.50+0.099%Binance737.51+0.101%Polymarket Perps737.52+0.102%Hotstuff737.53+0.103%
HTX737.53+0.103%
ApeX Omni737.54+0.105%OKX737.59+0.111%Aevo737.59+0.111%Paradex737.64+0.118%Aster737.64+0.119%Variational Omni737.70+0.126%QFEX737.72+0.129%Popdex737.74+0.132%Aftermath Perps737.85+0.146%Vest737.86+0.148%Phemex737.95+0.160%BloFin737.99+0.166%edgeX738.10+0.181%Injective740.12+0.455%

META on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate META_USDT−0.071%0.0000%8h$354K$4.1M100xas long as short
Coinbase International META-PERP-INTX−0.031%+0.0048%1h$643K$6.1M10xas long as short
Deribit META_USDC-PERPETUAL−0.027%0.0000%1h$28K$266K10xas long as short
KuCoin METAUSDTM−0.026%+0.0100%8h$1.5M$208K20xas long as short
tradeXYZ xyz:META−0.024%+0.0050%1h$66.8M$57.4M20xas long as short
SoDEX META-USD−0.009%+0.0050%1h$24K$3K10xas long as short
Extended META_24_5-USD−0.007%0.0000%1h$549K$1.4M17xas long as short
Nado META-PERP−0.002%+0.0018%1h$390K$173K20xas long as short
Phoenix METAlong0.000%+0.0055%1h$252K$513K20x
Ondo Perps META-USD.P+0.001%+0.0050%1h$775K$3.1M10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter RH META+0.007%+0.0032%1h$704K$2.7M20xas long as short
SunX META-USDT+0.008%0.0000%8h$745$9.3M20xas long as short
Orderly PERP_META_USDC_mythos+0.018%+0.0100%8h$1K—10xas long as short
Bybit METAUSDT+0.020%0.0000%8h$7.7M$9.8M100xas long as short
Arcus META-USD+0.024%+0.0325%1h$268K$299K10xas long as short
Lighter META+0.026%+0.0064%1h$852K$2.5M20xas long as short
Bitget METAUSDT+0.028%0.0000%8h$5.7M$8.2M100xas long as short
Binance METAUSDT+0.030%0.0000%8h$25.8M$128.5M20xas long as short
Polymarket Perps META-USD+0.031%+0.0050%1h$668K$483K10xas long as short
Hotstuff META-PERP+0.033%−0.0048%1h$33K$10520xas long as short
HTX META-USDTshort+0.033%0.0000%8h$105K$274K30x
ApeX Omni METAUSDT+0.034%+0.0100%1h$135K$57K50xas long as short
OKX META-USDT-SWAP+0.041%0.0000%8h$5.9M$10.2M20xas long as short
Aevo META-PERP+0.041%+0.0104%1h$266—10xas long as short
Paradex META-USD-PERP+0.047%+0.0051%8h——5xas long as short
Aster METAUSDT+0.048%0.0000%8h$454K$168K20xas long as short
Variational Omni META+0.055%0.0000%8h$1.5M$2.1M—as long as short
QFEX META-USD+0.058%+0.0020%1h$1.8M$9.5M10xas long as short
Popdex METAUSDT+0.061%+0.0048%1h$173K$174K20xas long as short
Aftermath Perps METAUSD+0.075%+0.0282%1h$44K$45K10xas long as short
Vest META-USD-PERP+0.077%+0.0046%1h—$9K25xas long as short
Phemex METAUSDT+0.090%0.0000%4h$2.0M$6K10xas long as short
BloFin META-USDT+0.095%−0.0120%8h$330K$859K20xas long as short
edgeX METAUSDC+0.110%+0.0858%4h$62K$328K10xas long as short
Injective META/USDC PERP+0.384%+0.0220%1h$168K$101K30xas long as short