After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.010%7d average+0.004%fees + slippage, in and out−$25spread needed0.255%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX META-USD | 680.00 | 0.0064 | pay 0.0008% / 1h | 30m 25s | $1.8M | $3.5M | 10x |
| Short | Binance METAUSDT | 679.93 | 0.0053 | get 0.0053% / 8h | 3h 30m | $24.2M | $34.0M | 20x |
QFEX META-USD
Binance METAUSDTPrice 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
- −$1.03
- Funding while held
- −$0.34
- Slippage, 4 orders
- −$5.46
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.83
- Spread needed to break even
- 0.255%
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0011%
- Per $10,000 a day
- −$0.34
- 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 QFEX live order book, 5 min ago | 1.69 bp | 6.7 bp −$7 | 9.2 bp −$92 | 21.3 bp −$2,126 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.15 bp | 6.1 bp −$6 | 12.1 bp −$121 | 45.1 bp −$4,510 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps678.89cheapestInjective679.11+0.032%Deribit679.16+0.040%Coinbase International679.25+0.053%HTX679.29+0.059%Phoenix679.31+0.062%Aevo679.35+0.068%ApeX Omni679.40+0.075%SoDEX679.40+0.075%Vest679.44+0.081%Aftermath Perps679.46+0.084%Variational Omni679.48+0.087%Orderly679.53+0.094%SunX679.57+0.100%Gate679.61+0.106%KuCoin679.69+0.118%BloFin679.71+0.121%edgeX679.75+0.127%tradeXYZ679.75+0.127%Extended679.77+0.130%Paradex679.81+0.136%Nado679.85+0.142%OKX679.86+0.143%Hotstuff679.87+0.144%Phemex679.87+0.144%Bybit679.88+0.146%Polymarket Perps679.88+0.146%Arcus679.90+0.149%
Ondo Perps
Injective
Deribit
Coinbase International
HTX
Phoenix
Aevo
ApeX Omni
SoDEX
Vest
Variational Omni
Orderly
SunX
Gate
KuCoin
BloFin
tradeXYZ
Extended
Paradex
Nado
OKX
Hotstuff
Phemex
Bybit
Polymarket Perps
ArcusBinance679.93+0.153%
Popdex679.93+0.153%
PopdexQFEX680.00+0.164%
Lighter680.07+0.174%Lighter RH680.09+0.177%Bitget680.14+0.184%Aster680.55+0.244%
Lighter
Lighter RH
Bitget
AsterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.163% | +0.0050% | 1h | $1.1M | $1.7M | 10x | as long as short |
| Injective META/USDC PERP | −0.131% | +0.0220% | 1h | $205K | $149K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.124% | 0.0000% | 1h | $38K | $190K | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.110% | +0.0112% | 1h | $721K | $2.7M | 10x | as long as short |
| HTX META-USDT | −0.104% | 0.0000% | 8h | $104K | $234K | 30x | as long as short |
| Phoenix META | −0.101% | +0.0294% | 1h | $254K | $144K | 20x | as long as short |
| Aevo META-PERP | −0.095% | +0.0104% | 1h | $245 | — | 10x | as long as short |
| ApeX Omni METAUSDT | −0.088% | +0.0100% | 1h | $83K | $34K | 50x | as long as short |
| SoDEX META-USD | −0.088% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Vest META-USD-PERP | −0.082% | +0.0046% | 1h | — | $3K | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps METAUSD | −0.079% | +0.0051% | 1h | $39K | $45K | 10x | as long as short |
| Variational Omni META | −0.077% | 0.0000% | 8h | $1.6M | $1.1M | — | as long as short |
| Orderly PERP_META_USDC_mythos | −0.069% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| SunX META-USDT | −0.063% | 0.0000% | 8h | $784 | $4.2M | 20x | as long as short |
| Gate META_USDT | −0.057% | 0.0000% | 8h | $450K | $1.3M | 100x | as long as short |
| KuCoin METAUSDTM | −0.046% | +0.0100% | 8h | $1.4M | $65K | 20x | as long as short |
| BloFin META-USDT | −0.043% | −0.0065% | 8h | $332K | $281K | 20x | as long as short |
| edgeX METAUSDC | −0.037% | +0.0094% | 4h | $57K | $323K | 10x | as long as short |
| tradeXYZ xyz:META | −0.037% | +0.0050% | 1h | $71.5M | $20.2M | 20x | as long as short |
| Extended META_24_5-USD | −0.033% | +0.0056% | 1h | $497K | $1.2M | 17x | as long as short |
| Paradex META-USD-PERP | −0.028% | +0.0072% | 8h | — | — | 5x | as long as short |
| Nado META-PERP | −0.022% | +0.0028% | 1h | $427K | $52K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.021% | 0.0000% | 8h | $5.9M | $4.2M | 20x | as long as short |
| Hotstuff META-PERP | −0.019% | +0.0040% | 1h | $30K | — | 20x | as long as short |
| Phemex METAUSDT | −0.019% | 0.0000% | 4h | $1.8M | $4K | 10x | as long as short |
| Bybit METAUSDT | −0.018% | +0.0164% | 8h | $6.7M | $3.8M | 100x | as long as short |
| Polymarket Perps META-USD | −0.018% | +0.0058% | 1h | $623K | $388K | 10x | as long as short |
| Arcus META-USD | −0.015% | +0.0674% | 1h | $269K | $216K | 10x | as long as short |
| Binance METAUSDTshort | −0.010% | +0.0053% | 8h | $24.2M | $34.0M | 20x | |
| Popdex METAUSDT | −0.010% | +0.0088% | 1h | $163K | $133K | 20x | as long as short |
| QFEX META-USDlong | 0.000% | +0.0064% | 1h | $1.8M | $3.5M | 10x | |
| Lighter META | +0.010% | +0.0136% | 1h | $707K | $1.6M | 20x | as long as short |
| Lighter RH META | +0.013% | +0.0032% | 1h | $940K | $1.5M | 20x | as long as short |
| Bitget METAUSDT | +0.021% | +0.0003% | 8h | $4.7M | $3.5M | 100x | as long as short |
| Aster METAUSDT | +0.081% | 0.0000% | 8h | $450K | $6K | 20x | as long as short |