Spread before costs (cost unknown: a leg has no order-book sample)−0.089%
7d average—if it closes, per $10,000$9funding while held, a day−$8.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 741.62 | 0.0284 | pay 0.0035% / 1h | 7m 51s | $44K | $45K | 10x |
| Short | Deribit META_USDC-PERPETUAL | 740.96 | 0 | get 0.0000% / 1h | 7m 51s | $28K | $266K | 10x |
Deribit META_USDC-PERPETUALPrice 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
- −$8.91
- Funding while held
- −$8.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.42
- Spread needed to break even
- 0.160%
Slippage unknown: Aftermath Perps: no order-book sample; Deribit: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0284%
- Per $10,000 a day
- −$8.51
- 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 Deribit live order book, 38 min ago | 3.81 bp | 7.4 bp −$7 | 10.1 bp −$101 | 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.Gate740.44cheapestHTX740.72+0.038%Hotstuff740.73+0.039%BloFin740.78+0.046%tradeXYZ740.88+0.059%Nado740.91+0.063%
Gate
HTX
Hotstuff
BloFin
tradeXYZ
NadoDeribit740.96+0.070%
SoDEX740.97+0.072%Bybit741.03+0.080%Ondo Perps741.03+0.080%KuCoin741.06+0.084%Aster741.06+0.084%Lighter RH741.08+0.086%Extended741.09+0.088%Paradex741.10+0.090%Bitget741.12+0.092%Binance741.14+0.095%Aevo741.16+0.098%OKX741.21+0.104%Lighter741.28+0.113%Polymarket Perps741.29+0.115%QFEX741.30+0.116%SunX741.31+0.117%Coinbase International741.31+0.117%Popdex741.33+0.120%Orderly741.33+0.120%Arcus741.35+0.123%Phemex741.65+0.163%Vest741.70+0.170%Variational Omni742.37+0.260%edgeX742.47+0.275%ApeX Omni742.80+0.319%Injective742.83+0.323%Phoenix743.30+0.386%
SoDEX
Bybit
Ondo Perps
KuCoin
Aster
Lighter RH
Extended
Paradex
Bitget
Binance
Aevo
OKX
Lighter
Polymarket Perps
QFEX
SunX
Coinbase International
Popdex
Orderly
Arcus
Phemex
Vest
Variational Omni
ApeX Omni
Injective
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.159% | 0.0000% | 8h | $341K | $4.4M | 100x | as long as short |
| HTX META-USDT | −0.121% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| Hotstuff META-PERP | −0.120% | −0.0056% | 1h | $33K | $105 | 20x | as long as short |
| BloFin META-USDT | −0.113% | +0.0012% | 8h | $330K | $912K | 20x | as long as short |
| tradeXYZ xyz:META | −0.100% | +0.0050% | 1h | $69.6M | $67.8M | 20x | as long as short |
| Nado META-PERP | −0.096% | +0.0002% | 1h | $392K | $173K | 20x | as long as short |
| Deribit META_USDC-PERPETUALshort | −0.089% | 0.0000% | 1h | $28K | $266K | 10x | |
| SoDEX META-USD | −0.088% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Bybit METAUSDT | −0.080% | 0.0000% | 8h | $7.8M | $10.2M | 100x | as long as short |
| Ondo Perps META-USD.P | −0.080% | +0.0050% | 1h | $740K | $3.2M | 10x | as long as short |