Spread before costs (cost unknown: a leg has no order-book sample)−0.068%
7d average—if it closes, per $10,000$7funding while held, a day−$7.42
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 746.61 | 0.0298 | pay 0.0037% / 1h | 1m 00s | $45K | $46K | 10x |
| Short | Ondo Perps META-USD.P | 746.10 | 0.0050 | get 0.0006% / 1h | 1m 00s | $660K | $3.6M | 10x |
Ondo Perps META-USD.PPrice 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
- −$6.85
- Funding while held
- −$7.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$28.27
- Spread needed to break even
- 0.140%
Slippage unknown: Aftermath Perps: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0247%
- Per $10,000 a day
- −$7.42
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
Aftermath Perps and Ondo 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 Omni744.32cheapestInjective744.57+0.034%Coinbase International744.72+0.054%edgeX745.11+0.107%Phoenix745.23+0.122%Hotstuff745.65+0.179%Gate745.87+0.208%
ApeX Omni
Injective
Coinbase International
Phoenix
Hotstuff
GateOndo Perps746.10+0.239%
OKX746.12+0.242%Variational Omni746.17+0.249%Paradex746.28+0.264%KuCoin746.29+0.265%HTX746.31+0.267%tradeXYZ746.36+0.274%Phemex746.42+0.282%Bitget746.44+0.285%Extended746.46+0.288%Binance746.48+0.290%QFEX746.48+0.290%BloFin746.48+0.290%Bybit746.52+0.296%Aster746.52+0.296%SoDEX746.53+0.297%Arcus746.54+0.298%Nado746.55+0.300%Aevo746.55+0.300%Orderly746.57+0.302%Popdex746.64+0.312%Deribit746.66+0.314%Lighter RH746.68+0.317%Polymarket Perps746.76+0.328%Lighter746.89+0.345%SunX746.92+0.349%Vest747.16+0.382%
OKX
Variational Omni
Paradex
KuCoin
HTX
tradeXYZ
Phemex
Bitget
Extended
Binance
QFEX
BloFin
Bybit
Aster
SoDEX
Arcus
Nado
Aevo
Orderly
Popdex
Deribit
Lighter RH
Polymarket Perps
Lighter
SunX
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.307% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| Injective META/USDC PERP | −0.273% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.253% | +0.0048% | 1h | $648K | $6.5M | 10x | as long as short |
| edgeX METAUSDC | −0.201% | +0.0745% | 4h | $62K | $328K | 10x | as long as short |
| Phoenix META | −0.185% | 0.0000% | 1h | $275K | $618K | 20x | as long as short |
| Hotstuff META-PERP | −0.129% | +0.0176% | 1h | $33K | $105 | 20x | as long as short |
| Gate META_USDT | −0.099% | 0.0000% | 8h | $360K | $4.8M | 100x | as long as short |
| Ondo Perps META-USD.Pshort | −0.068% | +0.0050% | 1h | $660K | $3.6M | 10x | |
| OKX META-USDT-SWAP | −0.066% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Variational Omni META | −0.059% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex META-USD-PERP | −0.044% | +0.0050% | 8h | — | — | 5x | as long as short |
| KuCoin METAUSDTM | −0.043% | +0.0100% | 8h | $1.6M | $290K | 20x | as long as short |
| HTX META-USDT | −0.040% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| tradeXYZ xyz:META | −0.034% | +0.0050% | 1h | $77.5M | $92.2M | 20x | as long as short |
| Phemex METAUSDT | −0.026% | 0.0000% | 4h | $2.0M | $7K | 10x | as long as short |
| Bitget METAUSDT | −0.023% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| Extended META_24_5-USD | −0.020% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| Binance METAUSDT | −0.018% | 0.0000% | 8h | $27.7M | $155.0M | 20x | as long as short |
| QFEX META-USD | −0.018% | +0.0026% | 1h | $2.2M | $12.5M | 10x | as long as short |
| BloFin META-USDT | −0.018% | −0.0120% | 8h | $337K | $1.0M | 20x | as long as short |
| Bybit METAUSDT | −0.012% | 0.0000% | 8h | $8.0M | $11.7M | 100x | as long as short |
| Aster METAUSDT | −0.012% | 0.0000% | 8h | $459K | $432K | 20x | as long as short |
| SoDEX META-USD | −0.011% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Arcus META-USD | −0.010% | +0.0478% | 1h | $267K | $308K | 10x | as long as short |
| Nado META-PERP | −0.008% | −0.0020% | 1h | $396K | $215K | 20x | as long as short |
| Aevo META-PERP | −0.008% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.006% | +0.0100% | 8h | $1K | $24 | 10x | as long as short |
| Aftermath Perps METAUSDlong | 0.000% | +0.0298% | 1h | $45K | $46K | 10x | |
| Popdex METAUSDT | +0.004% | +0.0048% | 1h | $176K | $192K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.007% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Lighter RH META | +0.009% | +0.0032% | 1h | $739K | $3.0M | 20x | as long as short |
| Polymarket Perps META-USD | +0.020% | +0.0050% | 1h | $544K | $835K | 10x | as long as short |
| Lighter META | +0.037% | +0.0048% | 1h | $862K | $2.5M | 20x | as long as short |
| SunX META-USDT | +0.041% | 0.0000% | 8h | $932 | $9.4M | 20x | as long as short |
| Vest META-USD-PERP | +0.073% | +0.0046% | 1h | — | $9K | 25x | as long as short |