Spread before costs (cost unknown: a leg has no order-book sample)−0.166%
7d average—if it closes, per $10,000$17funding while held, a day−$1.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo META-PERP | 734.81 | 0.0104 | pay 0.0013% / 1h | 46m 04s | $265 | — | 10x |
| Short | Ondo Perps META-USD.P | 733.59 | 0.0050 | get 0.0006% / 1h | 46m 04s | $759K | $3.0M | 10x |
Aevo META-PERP
Ondo Perps META-USD.PPrice 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
- −$16.57
- Funding while held
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$39.18
- Spread needed to break even
- 0.210%
Slippage unknown: Aevo: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0054%
- Per $10,000 a day
- −$1.61
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
Aevo and Ondo Perps: 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.Variational Omni732.45cheapestInjective732.81+0.049%Aftermath Perps733.48+0.141%Phoenix733.54+0.149%
Variational Omni
Injective
PhoenixOndo Perps733.59+0.156%
ApeX Omni733.68+0.168%edgeX734.12+0.229%Phemex734.23+0.243%Gate734.41+0.268%Nado734.55+0.286%KuCoin734.60+0.294%Hotstuff734.65+0.301%Coinbase International734.78+0.318%tradeXYZ734.79+0.320%SoDEX734.80+0.321%Deribit734.80+0.321%
ApeX Omni
Phemex
Gate
Nado
KuCoin
Hotstuff
Coinbase International
tradeXYZ
SoDEX
DeribitAevo734.81+0.322%
Paradex734.84+0.326%Extended734.84+0.327%Lighter RH734.86+0.329%OKX734.88+0.332%Bybit734.91+0.336%Bitget734.94+0.340%Lighter734.97+0.344%BloFin734.99+0.347%Orderly735.00+0.348%SunX735.00+0.348%Binance735.00+0.348%QFEX735.01+0.350%Aster735.03+0.353%Popdex735.12+0.365%HTX735.16+0.370%Arcus735.19+0.374%Vest735.25+0.383%Polymarket Perps735.26+0.384%
Paradex
Extended
Lighter RH
OKX
Bybit
Bitget
Lighter
BloFin
Orderly
SunX
Binance
QFEX
Aster
Popdex
HTX
Arcus
Vest
Polymarket PerpsMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.321% | 0.0000% | 8h | $1.4M | $2.2M | — | as long as short |
| Injective META/USDC PERP | −0.272% | +0.0220% | 1h | $167K | $101K | 30x | as long as short |
| Aftermath Perps METAUSD | −0.180% | +0.0268% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.172% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Ondo Perps META-USD.Pshort | −0.166% | +0.0050% | 1h | $759K | $3.0M | 10x | |
| ApeX Omni METAUSDT | −0.153% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| edgeX METAUSDC | −0.093% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| Phemex METAUSDT | −0.079% | −0.0030% | 4h | $1.9M | $5K | 10x | as long as short |
| Gate META_USDT | −0.054% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Nado META-PERP | −0.036% | +0.0004% | 1h | $389K | $172K | 20x | as long as short |