Spread before costs (cost unknown: a leg has no order-book sample)−0.120%
7d average—if it closes, per $10,000$12funding while held, a day+$6.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 730.13 | 0.0270 | pay 0.0034% / 1h | 53m 40s | $43K | $47K | 10x |
| Short | edgeX METAUSDC | 729.26 | 0.0499 | get 0.0250% / 4h | 2h 53m | $61K | $324K | 10x |
Price 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
- −$11.96
- Funding while held
- $6.88
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$23.08
- Spread needed to break even
- 0.180%
Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0229%
- Per $10,000 a day
- +$6.88
- 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 edgeX live order book, 51 min ago | 5.10 bp | 9.7 bp −$10 | 10.5 bp −$105 | 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.Injective728.14cheapestApeX Omni728.46+0.044%Variational Omni729.74+0.220%Coinbase International730.14+0.275%Phoenix730.45+0.317%Nado730.79+0.363%Ondo Perps730.82+0.368%Phemex730.98+0.390%BloFin731.07+0.402%QFEX731.08+0.404%Popdex731.10+0.407%Hotstuff731.14+0.412%HTX731.23+0.424%Aevo731.35+0.441%Polymarket Perps731.37+0.444%SoDEX731.38+0.445%Deribit731.38+0.445%Orderly731.50+0.461%SunX731.60+0.475%Vest731.66+0.483%Aster731.74+0.495%Gate731.78+0.500%KuCoin731.90+0.516%tradeXYZ732.39+0.584%Bybit732.43+0.589%Paradex732.46+0.593%OKX732.55+0.606%Binance732.61+0.614%Extended732.61+0.614%Arcus732.62+0.615%Bitget732.62+0.615%Lighter732.68+0.624%Lighter RH732.73+0.630%
Injective
ApeX Omni
Variational Omni
Coinbase International
Phoenix
Nado
Ondo Perps
Phemex
BloFin
QFEX
Popdex
Hotstuff
HTX
Aevo
Polymarket Perps
SoDEX
Deribit
Orderly
SunX
Vest
Aster
Gate
KuCoin
tradeXYZ
Bybit
Paradex
OKX
Binance
Extended
Arcus
Bitget
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 | −0.273% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| ApeX Omni METAUSDT | −0.229% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| edgeX METAUSDCshort | −0.120% | +0.0499% | 4h | $61K | $324K | 10x | |
| Variational Omni META | −0.053% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Aftermath Perps METAUSDlong | 0.000% | +0.0270% | 1h | $43K | $47K | 10x | |
| Coinbase International META-PERP-INTX | +0.001% | +0.0048% | 1h | $632K | $5.9M | 10x | as long as short |
| Phoenix META | +0.044% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Nado META-PERP | +0.090% | −0.0042% | 1h | $387K | $172K | 20x | as long as short |
| Ondo Perps META-USD.P | +0.095% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Phemex METAUSDT | +0.116% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |