After costs, if the gap returns to its 7d average, $10k−$71
spread now+0.041%7d average−0.016%fees + slippage, in and out−$76spread needed0.763%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX META-USDT | 725.96 | 0 | get 0.0000% / 8h | 7h 40m | $997 | $9.2M | 20x |
| Short | Popdex METAUSDT | 726.26 | 0.0048 | get 0.0006% / 1h | 40m 19s | $173K | $161K | 20x |
SunX META-USDT
Popdex METAUSDTPrice 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
- $4.13
- Funding while held
- $1.44
- Slippage, 4 orders
- −$59.88
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$70.71
- Spread needed to break even
- 0.763%
Slippage from SunX: live order book, 5 min ago; Popdex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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, 5 min ago | 28.09 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 5 min ago | 0.97 bp | 5.4 bp −$5 | 16.5 bp −$165 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International725.34cheapestHTX725.43+0.012%Phoenix725.65+0.043%KuCoin725.66+0.044%Deribit725.69+0.048%Nado725.71+0.052%OKX725.72+0.052%Aevo725.77+0.059%Aftermath Perps725.79+0.062%Bybit725.79+0.062%Extended725.80+0.064%SoDEX725.81+0.065%Gate725.82+0.066%Lighter725.86+0.072%Lighter RH725.88+0.074%Aster725.89+0.076%Orderly725.91+0.079%Paradex725.92+0.081%Ondo Perps725.95+0.084%
Coinbase International
HTX
Phoenix
KuCoin
Deribit
Nado
OKX
Aevo
Bybit
Extended
SoDEX
Gate
Lighter
Lighter RH
Aster
Orderly
Paradex
Ondo PerpsSunX725.96+0.085%
Binance726.00+0.091%tradeXYZ726.03+0.095%Phemex726.10+0.105%ApeX Omni726.14+0.110%Bitget726.15+0.112%Variational Omni726.15+0.112%Hotstuff726.18+0.116%QFEX726.19+0.117%Arcus726.21+0.120%Vest726.24+0.124%
Binance
tradeXYZ
Phemex
ApeX Omni
Bitget
Variational Omni
Hotstuff
QFEX
Arcus
VestPopdex726.26+0.127%
Polymarket Perps726.33+0.136%BloFin726.49+0.159%edgeX726.57+0.169%Injective726.96+0.223%
Polymarket Perps
BloFin
InjectiveMETA 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 | −0.085% | +0.0040% | 1h | $699K | $5.6M | 10x | as long as short |
| HTX META-USDT | −0.073% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Phoenix META | −0.043% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| KuCoin METAUSDTM | −0.041% | +0.0100% | 8h | $1.4M | $185K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.037% | 0.0000% | 1h | $28K | $260K | 10x | as long as short |
| Nado META-PERP | −0.034% | +0.0023% | 1h | $393K | $121K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.033% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| Aevo META-PERP | −0.026% | +0.0104% | 1h | $261 | — | 10x | as long as short |
| Aftermath Perps METAUSD | −0.024% | +0.0236% | 1h | $44K | $47K | 10x | as long as short |
| Bybit METAUSDT | −0.023% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended META_24_5-USD | −0.022% | 0.0000% | 1h | $521K | $1.4M | 17x | as long as short |
| SoDEX META-USD | −0.021% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Gate META_USDT | −0.019% | 0.0000% | 8h | $370K | $3.6M | 100x | as long as short |
| Lighter META | −0.014% | +0.0032% | 1h | $698K | $2.2M | 20x | as long as short |
| Lighter RH META | −0.011% | +0.0032% | 1h | $636K | $2.6M | 20x | as long as short |
| Aster METAUSDT | −0.010% | 0.0000% | 8h | $446K | $94K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.007% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Paradex META-USD-PERP | −0.005% | +0.0051% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | −0.001% | +0.0050% | 1h | $846K | $2.8M | 10x | as long as short |
| SunX META-USDTlong | 0.000% | 0.0000% | 8h | $997 | $9.2M | 20x | |
| Binance METAUSDT | +0.005% | 0.0000% | 8h | $25.4M | $107.8M | 20x | as long as short |
| tradeXYZ xyz:META | +0.010% | +0.0050% | 1h | $65.9M | $51.0M | 20x | as long as short |
| Phemex METAUSDT | +0.019% | −0.0206% | 4h | $1.9M | $5K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.025% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Bitget METAUSDT | +0.026% | 0.0000% | 8h | $5.2M | $7.2M | 100x | as long as short |
| Variational Omni META | +0.027% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Hotstuff META-PERP | +0.030% | −0.0016% | 1h | $32K | $105 | 20x | as long as short |
| QFEX META-USD | +0.032% | +0.0016% | 1h | $1.8M | $7.4M | 10x | as long as short |
| Arcus META-USD | +0.034% | +0.0040% | 1h | $281K | $275K | 10x | as long as short |
| Vest META-USD-PERP | +0.039% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Popdex METAUSDTshort | +0.041% | +0.0048% | 1h | $173K | $161K | 20x | |
| Polymarket Perps META-USD | +0.051% | +0.0050% | 1h | $660K | $471K | 10x | as long as short |
| BloFin META-USDT | +0.073% | −0.0120% | 8h | $325K | $566K | 20x | as long as short |
| edgeX METAUSDC | +0.084% | +0.0510% | 4h | $61K | $323K | 10x | as long as short |
| Injective META/USDC PERP | +0.138% | +0.0220% | 1h | $165K | $135K | 30x | as long as short |