After costs, if the gap returns to its 7d average, $10k−$166
spread now−0.144%7d average+0.309%fees + slippage, in and out−$120spread needed1.203%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX META-USDT | 729.19 | 0 | get 0.0000% / 8h | 6h 56m | $864 | $9.3M | 20x |
| Short | Injective META/USDC PERP | 728.14 | 0.0220 | get 0.0028% / 1h | 56m 20s | $166K | $101K | 30x |
SunX META-USDT
Injective META/USDC PERPPrice 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
- −$14.4
- Funding while held
- $6.6
- Slippage, 4 orders
- −$110.25
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$128.07
- Spread needed to break even
- 1.203%
Slippage from SunX: live order book, 9 min ago; Injective: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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 SunX live order book, 9 min ago | 28.08 bp | 33.1 bp −$33 | 62.2 bp −$622 | doesn't fit | doesn't fit |
| Sell Injective live order book, 49 min ago | 19.17 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapest
Variational Omni728.24+0.013%edgeX728.32+0.025%ApeX Omni728.46+0.044%Phoenix728.68+0.074%HTX729.04+0.124%
Variational Omni
ApeX Omni
Phoenix
HTXSunX729.19+0.144%
Phemex729.37+0.169%Aftermath Perps729.40+0.173%Gate729.41+0.174%BloFin729.41+0.174%Ondo Perps729.58+0.198%Coinbase International729.59+0.199%tradeXYZ729.83+0.232%Popdex729.85+0.235%KuCoin729.86+0.236%OKX729.91+0.243%Nado729.92+0.244%Bybit729.93+0.246%QFEX729.93+0.246%Aster729.95+0.249%Paradex729.97+0.251%Polymarket Perps729.98+0.253%Binance730.02+0.258%Bitget730.04+0.261%Aevo730.04+0.262%Arcus730.06+0.264%Extended730.06+0.264%Deribit730.08+0.266%SoDEX730.10+0.269%Hotstuff730.11+0.271%Orderly730.19+0.282%Vest730.25+0.290%Lighter730.28+0.294%Lighter RH730.36+0.305%
Phemex
Gate
BloFin
Ondo Perps
Coinbase International
tradeXYZ
Popdex
KuCoin
OKX
Nado
Bybit
QFEX
Aster
Paradex
Polymarket Perps
Binance
Bitget
Aevo
Arcus
Extended
Deribit
SoDEX
Hotstuff
Orderly
Vest
Lighter
Lighter RHMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERPshort | −0.144% | +0.0220% | 1h | $166K | $101K | 30x | |
| Variational Omni META | −0.131% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| edgeX METAUSDC | −0.119% | +0.0186% | 4h | $61K | $327K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.100% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Phoenix META | −0.070% | +0.0055% | 1h | $240K | $361K | 20x | as long as short |
| HTX META-USDT | −0.021% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| SunX META-USDTlong | 0.000% | 0.0000% | 8h | $864 | $9.3M | 20x | |
| Phemex METAUSDT | +0.025% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.028% | +0.0271% | 1h | $43K | $47K | 10x | as long as short |
| Gate META_USDT | +0.030% | 0.0000% | 8h | $353K | $3.9M | 100x | as long as short |