Spread before costs (cost unknown: a leg has no order-book sample)−0.091%
7d average—if it closes, per $10,000$9funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo META-PERP | 743.73 | 0.0104 | pay 0.0013% / 1h | 14m 24s | $268 | — | 10x |
| Short | Gate META_USDT | 743.05 | 0 | get 0.0000% / 8h | 6h 14m | $347K | $4.2M | 100x |
Aevo META-PERP
Gate META_USDTPrice 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
- −$9.1
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.22
- Spread needed to break even
- 0.310%
Slippage unknown: Aevo: no order-book sample; Gate: live order book, just now. 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 Gate live order book, just now | 4.78 bp | 14.9 bp −$15 | 39.8 bp −$398 | 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 Omni739.83cheapestPhoenix740.75+0.124%edgeX740.92+0.148%Variational Omni741.42+0.215%Aftermath Perps741.61+0.240%Injective742.83+0.405%
ApeX Omni
Phoenix
Variational Omni
InjectiveGate743.05+0.435%
HTX743.59+0.508%Bitget743.60+0.510%Binance743.61+0.511%tradeXYZ743.64+0.515%Deribit743.67+0.519%Bybit743.68+0.520%KuCoin743.70+0.523%
HTX
Bitget
Binance
tradeXYZ
Deribit
Bybit
KuCoinAevo743.73+0.527%
Extended743.76+0.531%SoDEX743.79+0.535%Polymarket Perps743.80+0.537%Orderly743.88+0.547%Arcus743.89+0.549%OKX743.90+0.550%BloFin743.92+0.553%Coinbase International743.93+0.554%Popdex743.95+0.557%Hotstuff743.96+0.558%Phemex743.99+0.562%Nado744.00+0.563%QFEX744.02+0.566%SunX744.05+0.570%Ondo Perps744.11+0.579%Aster744.14+0.583%Lighter RH744.18+0.588%Paradex744.20+0.591%Vest744.29+0.603%Lighter744.41+0.619%
Extended
SoDEX
Polymarket Perps
Orderly
Arcus
OKX
BloFin
Coinbase International
Popdex
Hotstuff
Phemex
Nado
QFEX
SunX
Ondo Perps
Aster
Lighter RH
Paradex
Vest
LighterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.524% | +0.0100% | 1h | $136K | $57K | 50x | as long as short |
| Phoenix META | −0.400% | +0.0055% | 1h | $274K | $513K | 20x | as long as short |
| edgeX METAUSDC | −0.377% | +0.0178% | 4h | $62K | $328K | 10x | as long as short |
| Variational Omni META | −0.310% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Aftermath Perps METAUSD | −0.285% | +0.0287% | 1h | $44K | $45K | 10x | as long as short |
| Injective META/USDC PERP | −0.121% | +0.0220% | 1h | $169K | $101K | 30x | as long as short |
| Gate META_USDTshort | −0.091% | 0.0000% | 8h | $347K | $4.2M | 100x | |
| HTX META-USDT | −0.018% | 0.0000% | 8h | $106K | $278K | 30x | as long as short |
| Bitget METAUSDT | −0.017% | 0.0000% | 8h | $5.8M | $8.7M | 100x | as long as short |
| Binance METAUSDT | −0.016% | 0.0000% | 8h | $26.3M | $133.4M | 20x | as long as short |