After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.022%7d average+0.014%fees + slippage, in and out−$31spread needed0.309%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX META-USD | 713.11 | 0.0028 | pay 0.0004% / 1h | 30m 51s | $1.8M | $6.0M | 10x |
| Short | BloFin META-USDT | 713.27 | −0.0120 | pay 0.0120% / 8h | 30m 51s | $341K | $471K | 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
- $2.24
- Funding while held
- −$4.45
- Slippage, 4 orders
- −$8.88
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.08
- Spread needed to break even
- 0.309%
Slippage from QFEX: live order book, 4 min ago; BloFin: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0148%
- Per $10,000 a day
- −$4.45
- 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, 4 min ago | 1.33 bp | 6.3 bp −$6 | 6.6 bp −$66 | 16.4 bp −$1,643 | doesn't fit |
| Sell BloFin live order book, 17 min ago | 1.83 bp | 9.5 bp −$9 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.181% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.160% | +0.0056% | 1h | $644K | $4.9M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.107% | +0.0050% | 1h | $851K | $2.6M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.092% | +0.0247% | 1h | $43K | $48K | 10x | as long as short |
| edgeX METAUSDC | −0.054% | +0.0123% | 4h | $60K | $325K | 10x | as long as short |
| Phoenix META | −0.045% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| ApeX Omni METAUSDT | −0.042% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| HTX META-USDT | −0.042% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| KuCoin METAUSDTM | −0.034% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| Gate META_USDT | −0.022% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.020% | −0.0088% | 1h | $32K | $105 | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.011% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Arcus META-USD | −0.007% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| SoDEX META-USD | −0.006% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.004% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| QFEX META-USDlong | 0.000% | +0.0028% | 1h | $1.8M | $6.0M | 10x | |
| Aevo META-PERP | +0.001% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Paradex META-USD-PERP | +0.002% | +0.0052% | 8h | — | — | 5x | as long as short |
| Phemex METAUSDT | +0.004% | −0.0001% | 4h | $1.9M | $5K | 10x | as long as short |
| tradeXYZ xyz:META | +0.007% | +0.0050% | 1h | $61.8M | $46.6M | 20x | as long as short |
| Nado META-PERP | +0.011% | +0.0016% | 1h | $442K | $87K | 20x | as long as short |
| Variational Omni META | +0.013% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Bybit METAUSDT | +0.014% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Popdex METAUSDT | +0.017% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| BloFin META-USDTshort | +0.022% | −0.0120% | 8h | $341K | $471K | 20x | |
| Vest META-USD-PERP | +0.025% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Extended META_24_5-USD | +0.028% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Lighter META | +0.031% | +0.0032% | 1h | $687K | $2.1M | 20x | as long as short |
| Lighter RH META | +0.031% | +0.0032% | 1h | $661K | $2.4M | 20x | as long as short |
| Aster METAUSDT | +0.032% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |
| Binance METAUSDT | +0.034% | 0.0000% | 8h | $25.3M | $93.6M | 20x | as long as short |
| Polymarket Perps META-USD | +0.034% | +0.0050% | 1h | $649K | $463K | 10x | as long as short |
| SunX META-USDT | +0.038% | 0.0000% | 8h | $781 | $8.2M | 20x | as long as short |
| Bitget METAUSDT | +0.042% | 0.0000% | 8h | $4.9M | $6.0M | 100x | as long as short |
| OKX META-USDT-SWAP | +0.046% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
BloFin META-USDT
Injective
Coinbase International
Phoenix
ApeX Omni
HTX
KuCoin
Gate
SoDEX
Deribit
Paradex
Phemex
tradeXYZ
Variational Omni
Bybit
Popdex
Extended
Lighter
Lighter RH
Aster
Binance
Polymarket Perps
SunX
Bitget
OKX