Spread before costs (cost unknown: a leg has no order-book sample)+0.057%
7d average—if it closes, per $10,000$6funding while held, a day−$6.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 729.17 | 0.0274 | pay 0.0034% / 1h | 56m 39s | $43K | $47K | 10x |
| Short | Coinbase International META-PERP-INTX | 729.59 | 0.0048 | get 0.0006% / 1h | 56m 39s | $631K | $5.9M | 10x |
Coinbase International META-PERP-INTXPrice 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
- $5.7
- Funding while held
- −$6.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$20.1
- Spread needed to break even
- 0.190%
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0226%
- Per $10,000 a day
- −$6.79
- 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 Coinbase International live order book, 4 min ago | 2.81 bp | 8.1 bp −$8 | 11.6 bp −$116 | doesn't fit | 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.Injective728.14cheapestVariational Omni728.24+0.013%edgeX728.32+0.025%ApeX Omni728.46+0.044%Phoenix728.68+0.074%HTX729.04+0.124%Popdex729.14+0.137%SoDEX729.18+0.143%SunX729.19+0.144%Nado729.20+0.145%Hotstuff729.20+0.146%Deribit729.28+0.157%QFEX729.29+0.158%Aevo729.30+0.160%Gate729.37+0.169%Orderly729.37+0.169%Phemex729.37+0.169%Polymarket Perps729.41+0.174%BloFin729.41+0.174%Arcus729.44+0.179%Ondo Perps729.58+0.198%
Injective
Variational Omni
ApeX Omni
Phoenix
HTX
Popdex
SoDEX
SunX
Nado
Hotstuff
Deribit
QFEX
Aevo
Gate
Orderly
Phemex
Polymarket Perps
BloFin
Arcus
Ondo PerpsCoinbase International729.59+0.199%
Vest729.73+0.218%Extended729.79+0.226%Aster729.85+0.235%OKX729.92+0.244%Paradex729.97+0.251%Bitget730.00+0.255%Binance730.04+0.261%Bybit730.09+0.268%tradeXYZ730.15+0.276%KuCoin730.15+0.276%Lighter730.28+0.294%Lighter RH730.36+0.305%
Vest
Extended
Aster
OKX
Paradex
Bitget
Binance
Bybit
tradeXYZ
KuCoin
Lighter
Lighter RHMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.142% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni META | −0.129% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| edgeX METAUSDC | −0.117% | +0.0186% | 4h | $61K | $327K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.098% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Phoenix META | −0.068% | +0.0055% | 1h | $240K | $361K | 20x | as long as short |
| HTX META-USDT | −0.018% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Popdex METAUSDT | −0.005% | +0.0048% | 1h | $177K | $167K | 20x | as long as short |
| Aftermath Perps METAUSDlong | 0.000% | +0.0274% | 1h | $43K | $47K | 10x | |
| SoDEX META-USD | +0.001% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| SunX META-USDT | +0.002% | 0.0000% | 8h | $864 | $9.3M | 20x | as long as short |