After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.011%7d average−0.063%fees + slippage, in and out−$27spread needed0.271%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX META-USD | 725.87 | 0.0016 | pay 0.0002% / 1h | 38m 58s | $1.8M | $7.4M | 10x |
| Short | Deribit META_USDC-PERPETUAL | 725.95 | 0 | get 0.0000% / 1h | 38m 58s | $28K | $260K | 10x |
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
- $1.1
- Funding while held
- −$0.48
- Slippage, 4 orders
- −$10.09
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$26.47
- Spread needed to break even
- 0.271%
Slippage from QFEX: live order book, 6 min ago; Deribit: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0016%
- Per $10,000 a day
- −$0.48
- 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, 6 min ago | 1.38 bp | 6.4 bp −$6 | 6.5 bp −$65 | 17.3 bp −$1,735 | doesn't fit |
| Sell Deribit live order book, 11 min ago | 3.66 bp | 7.2 bp −$7 | 8.9 bp −$89 | 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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International META-PERP-INTX | −0.073% | +0.0040% | 1h | $699K | $5.6M | 10x | as long as short |
| Nado META-PERP | −0.069% | +0.0024% | 1h | $393K | $121K | 20x | as long as short |
| Paradex META-USD-PERP | −0.045% | +0.0051% | 8h | — | — | 5x | as long as short |
| Hotstuff META-PERP | −0.043% | −0.0064% | 1h | $32K | $105 | 20x | as long as short |
| QFEX META-USDlong | 0.000% | +0.0016% | 1h | $1.8M | $7.4M | 10x | |
| Phemex METAUSDT | +0.004% | −0.0092% | 4h | $1.9M | $5K | 10x | as long as short |
| Arcus META-USD | +0.008% | +0.0040% | 1h | $281K | $275K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.009% | +0.0241% | 1h | $44K | $47K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.011% | +0.0050% | 1h | $846K | $2.8M | 10x | as long as short |
| Deribit META_USDC-PERPETUALshort | +0.011% | 0.0000% | 1h | $28K | $260K | 10x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex METAUSDT | +0.012% | +0.0048% | 1h | $173K | $161K | 20x | as long as short |
| Polymarket Perps META-USD | +0.019% | +0.0050% | 1h | $663K | $474K | 10x | as long as short |
| SoDEX META-USD | +0.021% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Vest META-USD-PERP | +0.025% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Aevo META-PERP | +0.031% | +0.0104% | 1h | $261 | — | 10x | as long as short |
| Lighter RH META | +0.033% | +0.0032% | 1h | $636K | $2.6M | 20x | as long as short |
| Lighter META | +0.034% | +0.0032% | 1h | $698K | $2.2M | 20x | as long as short |
| ApeX Omni METAUSDT | +0.037% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Variational Omni META | +0.039% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| edgeX METAUSDC | +0.046% | +0.0478% | 4h | $61K | $324K | 10x | as long as short |
| HTX META-USDT | +0.058% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.059% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Aster METAUSDT | +0.065% | 0.0000% | 8h | $447K | $95K | 20x | as long as short |
| SunX META-USDT | +0.072% | 0.0000% | 8h | $745 | $9.2M | 20x | as long as short |
| BloFin META-USDT | +0.072% | −0.0120% | 8h | $325K | $567K | 20x | as long as short |
| Phoenix META | +0.088% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Gate META_USDT | +0.099% | 0.0000% | 8h | $371K | $3.6M | 100x | as long as short |
| KuCoin METAUSDTM | +0.101% | +0.0100% | 8h | $1.4M | $186K | 20x | as long as short |
| Binance METAUSDT | +0.136% | 0.0000% | 8h | $25.4M | $108.2M | 20x | as long as short |
| Extended META_24_5-USD | +0.138% | 0.0000% | 1h | $522K | $1.4M | 17x | as long as short |
| Injective META/USDC PERP | +0.150% | +0.0220% | 1h | $165K | $135K | 30x | as long as short |
| Bybit METAUSDT | +0.163% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |
| tradeXYZ xyz:META | +0.167% | +0.0050% | 1h | $66.0M | $51.0M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.168% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| Bitget METAUSDT | +0.174% | 0.0000% | 8h | $5.2M | $7.2M | 100x | as long as short |
Deribit META_USDC-PERPETUAL
Coinbase International
Paradex
Phemex
Popdex
Polymarket Perps
SoDEX
Lighter RH
Lighter
ApeX Omni
Variational Omni
HTX
Aster
SunX
BloFin
Phoenix
Gate
KuCoin
Binance
Extended
Injective
Bybit
tradeXYZ
OKX
Bitget