Spread before costs (cost unknown: a leg has no order-book sample)+0.080%
7d average—if it closes, per $10,000$8funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo META-PERP | 723.42 | 0.0104 | pay 0.0013% / 1h | 48m 38s | $260 | — | 10x |
| Short | Bybit METAUSDT | 724.00 | 0 | get 0.0000% / 8h | 7h 48m | $7.6M | $8.5M | 100x |
Aevo META-PERP
Bybit 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
- $8.03
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.09
- Spread needed to break even
- 0.270%
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0104%
- Per $10,000 a day
- −$3.12
- 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.41 bp | 8.6 bp −$9 | 17.0 bp −$170 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni722.41cheapestOndo Perps722.73+0.044%Aftermath Perps722.86+0.062%edgeX722.96+0.076%SoDEX723.03+0.086%Nado723.09+0.094%Variational Omni723.17+0.105%QFEX723.22+0.112%Phoenix723.24+0.115%Popdex723.26+0.118%Hotstuff723.32+0.126%
ApeX Omni
Ondo Perps
SoDEX
Nado
Variational Omni
QFEX
Phoenix
Popdex
HotstuffAevo723.42+0.140%
Aster723.45+0.144%Vest723.48+0.148%HTX723.48+0.148%Polymarket Perps723.49+0.149%KuCoin723.58+0.162%Orderly723.59+0.163%Phemex723.59+0.163%Coinbase International723.61+0.166%Gate723.67+0.174%Deribit723.75+0.185%Bitget723.81+0.194%BloFin723.82+0.195%tradeXYZ723.95+0.213%Binance723.96+0.214%
Aster
Vest
HTX
Polymarket Perps
KuCoin
Orderly
Phemex
Coinbase International
Gate
Deribit
Bitget
BloFin
tradeXYZ
BinanceBybit724.00+0.220%
SunX724.00+0.220%Paradex724.01+0.222%Extended724.02+0.223%Lighter724.04+0.226%Lighter RH724.11+0.235%OKX724.23+0.252%Arcus724.35+0.269%Injective725.06+0.367%
SunX
Paradex
Extended
Lighter
Lighter RH
OKX
Arcus
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.139% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.095% | +0.0050% | 1h | $845K | $2.7M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.078% | +0.0222% | 1h | $43K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.063% | +0.0907% | 4h | $61K | $324K | 10x | as long as short |
| SoDEX META-USD | −0.054% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Nado META-PERP | −0.045% | +0.0025% | 1h | $392K | $120K | 20x | as long as short |
| Variational Omni META | −0.035% | 0.0000% | 8h | $1.3M | $2.1M | — | as long as short |
| QFEX META-USD | −0.027% | +0.0016% | 1h | $1.8M | $7.1M | 10x | as long as short |
| Phoenix META | −0.025% | +0.0100% | 1h | $281K | $361K | 20x | as long as short |
| Popdex METAUSDT | −0.022% | +0.0048% | 1h | $172K | $160K | 20x | as long as short |