Spread before costs (cost unknown: a leg has no order-book sample)+0.302%
7d average—if it closes, per $10,000$30funding while held, a day−$8.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 741.61 | 0.0287 | pay 0.0036% / 1h | 13m 54s | $44K | $45K | 10x |
| Short | Binance METAUSDT | 743.85 | 0 | get 0.0000% / 8h | 6h 13m | $26.3M | $133.9M | 20x |
Binance 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
- $30.23
- Funding while held
- −$8.6
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $2.63
- Spread needed to break even
- 0.190%
Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0287%
- Per $10,000 a day
- −$8.60
- 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.07 bp | 5.4 bp −$5 | 8.9 bp −$89 | 38.6 bp −$3,861 | doesn't fit |
Aftermath 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.ApeX Omni739.83cheapestPhoenix740.75+0.124%edgeX740.92+0.148%Variational Omni741.42+0.215%Injective742.83+0.405%Gate743.12+0.445%HTX743.61+0.511%tradeXYZ743.64+0.515%Deribit743.67+0.519%Coinbase International743.71+0.524%Aevo743.73+0.527%Bybit743.73+0.527%Bitget743.73+0.527%OKX743.74+0.528%KuCoin743.76+0.531%SoDEX743.79+0.535%Polymarket Perps743.80+0.537%Extended743.80+0.537%
ApeX Omni
Phoenix
Variational Omni
Injective
Gate
HTX
tradeXYZ
Deribit
Coinbase International
Aevo
Bybit
Bitget
OKX
KuCoin
SoDEX
Polymarket Perps
ExtendedBinance743.85+0.543%
Phemex743.87+0.546%Orderly743.88+0.547%Arcus743.89+0.549%BloFin743.92+0.553%Popdex743.95+0.557%Hotstuff743.96+0.558%SunX743.98+0.561%Nado744.00+0.563%Lighter744.00+0.564%QFEX744.02+0.566%Lighter RH744.03+0.568%Ondo Perps744.11+0.579%Aster744.14+0.583%Paradex744.20+0.591%Vest744.29+0.603%
Phemex
Orderly
Arcus
BloFin
Popdex
Hotstuff
SunX
Nado
Lighter
QFEX
Lighter RH
Ondo Perps
Aster
Paradex
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.240% | +0.0100% | 1h | $136K | $57K | 50x | as long as short |
| Phoenix META | −0.116% | +0.0055% | 1h | $274K | $513K | 20x | as long as short |
| edgeX METAUSDC | −0.092% | +0.0178% | 4h | $62K | $328K | 10x | as long as short |
| Variational Omni META | −0.025% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Aftermath Perps METAUSDlong | 0.000% | +0.0287% | 1h | $44K | $45K | 10x | |
| Injective META/USDC PERP | +0.165% | +0.0220% | 1h | $169K | $101K | 30x | as long as short |
| Gate META_USDT | +0.204% | 0.0000% | 8h | $347K | $4.2M | 100x | as long as short |
| HTX META-USDT | +0.270% | 0.0000% | 8h | $105K | $278K | 30x | as long as short |
| tradeXYZ xyz:META | +0.274% | +0.0050% | 1h | $68.5M | $59.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.278% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |