After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.028%7d average−0.022%fees + slippage, in and out−$31spread needed0.308%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex METAUSDT | 744.85 | 0.0048 | pay 0.0006% / 1h | 4m 27s | $175K | $192K | 20x |
| Short | HTX META-USDT | 744.64 | 0 | get 0.0000% / 8h | 5h 04m | $105K | $280K | 30x |
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
- −$2.82
- Funding while held
- −$1.44
- Slippage, 4 orders
- −$12.35
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$35.01
- Spread needed to break even
- 0.308%
Slippage from Popdex: live order book, 31 min ago; HTX: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.44
- 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 Popdex live order book, 31 min ago | 1.07 bp | 4.6 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell HTX live order book, 29 min ago | 2.75 bp | 8.7 bp −$9 | 13.0 bp −$130 | 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 | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.085% | 0.0000% | 8h | $359K | $4.8M | 100x | as long as short |
| Injective META/USDC PERP | −0.038% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |
| KuCoin METAUSDTM | −0.036% | +0.0100% | 8h | $1.6M | $288K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.032% | +0.0050% | 1h | $712K | $3.6M | 10x | as long as short |
| Hotstuff META-PERP | −0.032% | +0.0160% | 1h | $33K | $105 | 20x | as long as short |
| HTX META-USDTshort | −0.028% | 0.0000% | 8h | $105K | $280K | 30x | |
| OKX META-USDT-SWAP | −0.027% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Paradex META-USD-PERP | −0.023% | +0.0050% | 8h | — | — | 5x | as long as short |
| tradeXYZ xyz:META | −0.023% | +0.0050% | 1h | $77.2M | $92.0M | 20x | as long as short |
| Nado META-PERP | −0.012% | −0.0019% | 1h | $394K | $215K | 20x | as long as short |
Popdex METAUSDT
HTX META-USDT
Gate
Injective
KuCoin
OKX
Paradex
tradeXYZ
Deribit
Extended
Bybit
Binance
Bitget
SoDEX
BloFin
Aster
Polymarket Perps
Lighter RH
Lighter
SunX
Phemex
Phoenix
Coinbase International
Variational Omni
ApeX Omni