After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.168%7d average−0.034%fees + slippage, in and out−$32spread needed0.318%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX META-USD | 711.38 | 0.0033 | pay 0.0004% / 1h | 23m 32s | $1.8M | $5.3M | 10x |
| Short | Nado META-PERP | 712.58 | 0.0032 | get 0.0004% / 1h | 23m 32s | $442K | $69K | 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
- $16.85
- Funding while held
- −$0.01
- Slippage, 4 orders
- −$14.83
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$15
- Spread needed to break even
- 0.318%
Slippage from QFEX: live order book, 7 min ago; Nado: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.01
- 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, 7 min ago | 1.54 bp | 6.5 bp −$7 | 7.2 bp −$72 | 17.7 bp −$1,775 | doesn't fit |
| Sell Nado live order book, 31 min ago | 1.47 bp | 6.8 bp −$7 | 17.7 bp −$177 | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.028% | +0.0050% | 1h | $917K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:META | −0.013% | +0.0050% | 1h | $62.5M | $42.8M | 20x | as long as short |
| Arcus META-USD | −0.003% | +0.0356% | 1h | $282K | $242K | 10x | as long as short |
| QFEX META-USDlong | 0.000% | +0.0033% | 1h | $1.8M | $5.3M | 10x | |
| Extended META_24_5-USD | 0.000% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| Paradex META-USD-PERP | +0.002% | +0.0055% | 8h | — | — | 5x | as long as short |
| OKX META-USDT-SWAP | +0.011% | 0.0000% | 8h | $6.1M | $6.8M | 20x | as long as short |
| KuCoin METAUSDTM | +0.014% | +0.0100% | 8h | $1.5M | $123K | 20x | as long as short |
| Gate META_USDT | +0.018% | 0.0000% | 8h | $394K | $2.9M | 100x | as long as short |
| Binance METAUSDT | +0.030% | +0.0014% | 8h | $25.8M | $79.5M | 20x | as long as short |
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