After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.042%7d average−0.020%fees + slippage, in and out−$49spread needed0.493%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX META-USD | 732.56 | 0.0020 | pay 0.0002% / 1h | 52m 46s | $1.9M | $8.6M | 10x |
| Short | Gate META_USDT | 732.87 | 0 | get 0.0000% / 8h | 6h 52m | $345K | $3.9M | 100x |
QFEX META-USD
Gate META_USDTPrice 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
- $4.23
- Funding while held
- −$0.59
- Slippage, 4 orders
- −$24.25
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.61
- Spread needed to break even
- 0.493%
Slippage from QFEX: live order book, 8 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.59
- 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, 8 min ago | 1.17 bp | 6.2 bp −$6 | 6.3 bp −$63 | 16.3 bp −$1,634 | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.64 bp | 17.8 bp −$18 | 38.6 bp −$386 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapestVariational Omni729.74+0.220%Coinbase International730.14+0.275%Phoenix730.45+0.317%Aftermath Perps730.47+0.320%Ondo Perps730.82+0.368%edgeX730.89+0.377%ApeX Omni730.97+0.389%Hotstuff731.68+0.486%Phemex732.33+0.575%Nado732.47+0.595%HTX732.53+0.603%
Injective
Variational Omni
Coinbase International
Phoenix
Ondo Perps
ApeX Omni
Hotstuff
Phemex
Nado
HTXQFEX732.56+0.607%
Popdex732.59+0.611%SoDEX732.63+0.617%SunX732.75+0.633%Aevo732.75+0.633%Deribit732.80+0.640%BloFin732.83+0.644%Vest732.84+0.645%Polymarket Perps732.86+0.648%
Popdex
SoDEX
SunX
Aevo
Deribit
BloFin
Vest
Polymarket PerpsGate732.87+0.650%
Orderly732.93+0.658%KuCoin732.94+0.659%Aster733.06+0.675%Bitget733.14+0.687%Bybit733.19+0.694%Binance733.27+0.705%Arcus733.28+0.706%Extended733.33+0.712%OKX733.34+0.714%Paradex733.34+0.715%Lighter RH733.39+0.721%tradeXYZ733.41+0.724%Lighter733.43+0.727%
Orderly
KuCoin
Aster
Bitget
Bybit
Binance
Arcus
Extended
OKX
Paradex
Lighter RH
tradeXYZ
LighterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.603% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni META | −0.385% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Coinbase International META-PERP-INTX | −0.330% | +0.0048% | 1h | $632K | $5.9M | 10x | as long as short |
| Phoenix META | −0.288% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.285% | +0.0267% | 1h | $43K | $47K | 10x | as long as short |
| Ondo Perps META-USD.P | −0.238% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| edgeX METAUSDC | −0.228% | +0.0451% | 4h | $61K | $325K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.217% | +0.0100% | 1h | $134K | $57K | 50x | as long as short |
| Hotstuff META-PERP | −0.120% | −0.0024% | 1h | $33K | $105 | 20x | as long as short |
| Phemex METAUSDT | −0.031% | −0.0018% | 4h | $1.9M | $5K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.012% | −0.0034% | 1h | $388K | $172K | 20x | as long as short |
| HTX META-USDT | −0.004% | 0.0000% | 8h | $104K | $270K | 30x | as long as short |
| QFEX META-USDlong | 0.000% | +0.0020% | 1h | $1.9M | $8.6M | 10x | |
| Popdex METAUSDT | +0.004% | +0.0048% | 1h | $178K | $167K | 20x | as long as short |
| SoDEX META-USD | +0.010% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| SunX META-USDT | +0.026% | 0.0000% | 8h | $780 | $9.3M | 20x | as long as short |
| Aevo META-PERP | +0.026% | +0.0104% | 1h | $264 | — | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.033% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| BloFin META-USDT | +0.037% | −0.0120% | 8h | $326K | $640K | 20x | as long as short |
| Vest META-USD-PERP | +0.038% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Polymarket Perps META-USD | +0.041% | +0.0050% | 1h | $666K | $481K | 10x | as long as short |
| Gate META_USDTshort | +0.042% | 0.0000% | 8h | $345K | $3.9M | 100x | |
| Orderly PERP_META_USDC_mythos | +0.051% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| KuCoin METAUSDTM | +0.052% | +0.0100% | 8h | $1.5M | $196K | 20x | as long as short |
| Aster METAUSDT | +0.068% | 0.0000% | 8h | $451K | $120K | 20x | as long as short |
| Bitget METAUSDT | +0.079% | 0.0000% | 8h | $5.2M | $7.8M | 100x | as long as short |
| Bybit METAUSDT | +0.086% | 0.0000% | 8h | $7.6M | $9.1M | 100x | as long as short |
| Binance METAUSDT | +0.097% | 0.0000% | 8h | $25.3M | $119.2M | 20x | as long as short |
| Arcus META-USD | +0.098% | +0.0325% | 1h | $272K | $293K | 10x | as long as short |
| Extended META_24_5-USD | +0.105% | 0.0000% | 1h | $542K | $1.4M | 17x | as long as short |
| OKX META-USDT-SWAP | +0.106% | 0.0000% | 8h | $5.9M | $9.9M | 20x | as long as short |
| Paradex META-USD-PERP | +0.107% | +0.0051% | 8h | — | — | 5x | as long as short |
| Lighter RH META | +0.113% | +0.0032% | 1h | $700K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:META | +0.116% | +0.0050% | 1h | $66.5M | $53.9M | 20x | as long as short |
| Lighter META | +0.119% | +0.0032% | 1h | $845K | $2.4M | 20x | as long as short |