Spread before costs (cost unknown: a leg has no order-book sample)−0.134%
7d average—if it closes, per $10,000$13funding while held, a day−$8.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 729.10 | 0.0274 | pay 0.0034% / 1h | 4m 12s | $43K | $47K | 10x |
| Short | Gate META_USDT | 728.12 | 0 | get 0.0000% / 8h | 7h 04m | $351K | $3.8M | 100x |
Gate META_USDTPrice 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
- −$13.43
- Funding while held
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.65
- Spread needed to break even
- 0.240%
Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0274%
- Per $10,000 a day
- −$8.22
- 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 Gate live order book, 5 min ago | 5.35 bp | 18.1 bp −$18 | 32.6 bp −$326 | 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.Ondo Perps728.07cheapest
Ondo PerpsGate728.12+0.007%
BloFin728.18+0.015%HTX728.20+0.018%KuCoin728.28+0.029%QFEX728.32+0.034%Nado728.33+0.035%Paradex728.33+0.036%Popdex728.38+0.043%OKX728.39+0.044%Deribit728.45+0.052%Bitget728.49+0.058%Bybit728.51+0.060%SoDEX728.51+0.060%Arcus728.55+0.066%Binance728.56+0.068%ApeX Omni728.58+0.070%Aster728.60+0.073%Coinbase International728.61+0.074%Phemex728.61+0.074%Lighter RH728.66+0.081%SunX728.70+0.087%tradeXYZ728.71+0.088%Lighter728.71+0.088%Aevo728.72+0.089%Polymarket Perps728.74+0.092%Extended728.76+0.095%Hotstuff728.81+0.102%Orderly728.82+0.103%edgeX728.84+0.106%Phoenix728.87+0.110%Variational Omni728.88+0.111%Vest729.12+0.144%Injective730.12+0.282%
BloFin
HTX
KuCoin
QFEX
Nado
Paradex
Popdex
OKX
Deribit
Bitget
Bybit
SoDEX
Arcus
Binance
ApeX Omni
Aster
Coinbase International
Phemex
Lighter RH
SunX
tradeXYZ
Lighter
Aevo
Polymarket Perps
Extended
Hotstuff
Orderly
Phoenix
Variational Omni
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.141% | +0.0050% | 1h | $828K | $2.8M | 10x | as long as short |
| Gate META_USDTshort | −0.134% | 0.0000% | 8h | $351K | $3.8M | 100x | |
| BloFin META-USDT | −0.126% | −0.0120% | 8h | $325K | $619K | 20x | as long as short |
| HTX META-USDT | −0.123% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| KuCoin METAUSDTM | −0.112% | +0.0100% | 8h | $1.5M | $186K | 20x | as long as short |
| QFEX META-USD | −0.107% | +0.0016% | 1h | $1.8M | $8.1M | 10x | as long as short |
| Nado META-PERP | −0.106% | +0.0030% | 1h | $393K | $122K | 20x | as long as short |
| Paradex META-USD-PERP | −0.106% | +0.0051% | 8h | — | — | 5x | as long as short |
| Popdex METAUSDT | −0.099% | +0.0048% | 1h | $176K | $166K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.097% | 0.0000% | 8h | $5.8M | $9.7M | 20x | as long as short |