After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.023%7d average−0.047%fees + slippage, in and out−$68spread needed0.683%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX META-USDT | 726.45 | 0 | get 0.0000% / 8h | 7h 42m | $961 | $9.2M | 20x |
| Short | Lighter META | 726.28 | 0.0032 | get 0.0004% / 1h | 42m 03s | $698K | $2.2M | 20x |
SunX META-USDT
Lighter METAPrice 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
- −$2.34
- Funding while held
- $0.96
- Slippage, 4 orders
- −$58.25
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$69.63
- Spread needed to break even
- 0.683%
Slippage from SunX: live order book, 3 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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, 3 min ago | 28.09 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.90 bp | 1.0 bp −$1 | 2.8 bp −$28 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni724.53cheapestedgeX725.00+0.065%Aftermath Perps725.27+0.103%Phoenix725.65+0.155%Coinbase International725.70+0.161%Variational Omni725.85+0.182%Hotstuff725.94+0.195%QFEX726.04+0.208%Gate726.04+0.208%Aster726.09+0.215%KuCoin726.09+0.215%Paradex726.11+0.218%Ondo Perps726.12+0.219%HTX726.14+0.222%Nado726.15+0.224%Bybit726.16+0.225%Phemex726.16+0.225%Arcus726.23+0.235%Lighter RH726.26+0.239%Extended726.27+0.240%tradeXYZ726.28+0.242%
ApeX Omni
Phoenix
Coinbase International
Variational Omni
Hotstuff
QFEX
Gate
Aster
KuCoin
Paradex
Ondo Perps
HTX
Nado
Bybit
Phemex
Arcus
Lighter RH
Extended
tradeXYZLighter726.28+0.242%
Deribit726.29+0.243%Binance726.33+0.248%Vest726.33+0.248%SoDEX726.33+0.248%Popdex726.34+0.250%Aevo726.37+0.253%Polymarket Perps726.38+0.255%Bitget726.39+0.257%OKX726.40+0.258%
Deribit
Binance
Vest
SoDEX
Popdex
Aevo
Polymarket Perps
Bitget
OKXSunX726.45+0.265%
Orderly726.57+0.282%BloFin726.69+0.298%Injective726.96+0.335%
Orderly
BloFin
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.264% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| edgeX METAUSDC | −0.200% | +0.0879% | 4h | $61K | $325K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.162% | +0.0230% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.110% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.103% | +0.0040% | 1h | $699K | $5.5M | 10x | as long as short |
| Variational Omni META | −0.083% | 0.0000% | 8h | $1.3M | $2.1M | — | as long as short |
| Hotstuff META-PERP | −0.070% | −0.0016% | 1h | $32K | $105 | 20x | as long as short |
| QFEX META-USD | −0.056% | +0.0016% | 1h | $1.8M | $7.3M | 10x | as long as short |
| Gate META_USDT | −0.056% | 0.0000% | 8h | $371K | $3.6M | 100x | as long as short |
| Aster METAUSDT | −0.050% | 0.0000% | 8h | $446K | $94K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.050% | +0.0100% | 8h | $1.4M | $185K | 20x | as long as short |
| Paradex META-USD-PERP | −0.047% | +0.0051% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | −0.045% | +0.0050% | 1h | $847K | $2.8M | 10x | as long as short |
| HTX META-USDT | −0.043% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Nado META-PERP | −0.041% | +0.0018% | 1h | $394K | $121K | 20x | as long as short |
| Bybit METAUSDT | −0.040% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |
| Phemex METAUSDT | −0.040% | −0.0205% | 4h | $1.9M | $5K | 10x | as long as short |
| Arcus META-USD | −0.030% | +0.0040% | 1h | $281K | $275K | 10x | as long as short |
| Lighter RH META | −0.026% | +0.0032% | 1h | $636K | $2.6M | 20x | as long as short |
| Extended META_24_5-USD | −0.025% | 0.0000% | 1h | $521K | $1.4M | 17x | as long as short |
| tradeXYZ xyz:META | −0.023% | +0.0050% | 1h | $65.9M | $50.9M | 20x | as long as short |
| Lighter METAshort | −0.023% | +0.0032% | 1h | $698K | $2.2M | 20x | |
| Deribit META_USDC-PERPETUAL | −0.022% | 0.0000% | 1h | $28K | $259K | 10x | as long as short |
| Binance METAUSDT | −0.017% | 0.0000% | 8h | $25.4M | $107.6M | 20x | as long as short |
| Vest META-USD-PERP | −0.017% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| SoDEX META-USD | −0.017% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Popdex METAUSDT | −0.015% | +0.0048% | 1h | $173K | $160K | 20x | as long as short |
| Aevo META-PERP | −0.012% | +0.0104% | 1h | $261 | — | 10x | as long as short |
| Polymarket Perps META-USD | −0.010% | +0.0050% | 1h | $661K | $471K | 10x | as long as short |
| Bitget METAUSDT | −0.008% | 0.0000% | 8h | $5.2M | $7.2M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.007% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| SunX META-USDTlong | 0.000% | 0.0000% | 8h | $961 | $9.2M | 20x | |
| Orderly PERP_META_USDC_mythos | +0.017% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| BloFin META-USDT | +0.033% | −0.0120% | 8h | $325K | $565K | 20x | as long as short |
| Injective META/USDC PERP | +0.070% | +0.0220% | 1h | $165K | $135K | 30x | as long as short |