Spread before costs (cost unknown: a leg has no order-book sample)+0.096%
7d average−0.048%if it closes, per $10,000$10funding while held, a day−$1.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 746.73 | 0.0100 | pay 0.0013% / 1h | 21m 24s | $167K | $71K | 50x |
| Short | Ondo Perps META-USD.P | 747.45 | 0.0050 | get 0.0006% / 1h | 21m 24s | $715K | $3.5M | 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
- $9.64
- Funding while held
- −$1.49
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$6.85
- Spread needed to break even
- 0.150%
Slippage unknown: ApeX Omni: live order book, 11 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.49
- 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 ApeX Omni live order book, 11 min ago | 4.08 bp | 30.6 bp −$31 | 468.9 bp −$4,689 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDTlong | 0.000% | +0.0100% | 1h | $167K | $71K | 50x | |
| Phoenix META | +0.013% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| BloFin META-USDT | +0.027% | −0.0120% | 8h | $333K | $993K | 20x | as long as short |
| Nado META-PERP | +0.042% | −0.0024% | 1h | $395K | $215K | 20x | as long as short |
| Variational Omni META | +0.047% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| Injective META/USDC PERP | +0.084% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| Coinbase International META-PERP-INTX | +0.088% | +0.0048% | 1h | $644K | $6.5M | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.096% | +0.0050% | 1h | $715K | $3.5M | 10x | |
| Gate META_USDT | +0.125% | 0.0000% | 8h | $362K | $4.7M | 100x | as long as short |
| tradeXYZ xyz:META | +0.142% | +0.0050% | 1h | $79.9M | $89.2M | 20x | as long as short |
ApeX Omni METAUSDT
Phoenix
BloFin
Variational Omni
Injective
Coinbase International
Gate
tradeXYZ
Bybit
KuCoin
SoDEX
Phemex
Paradex
HTX
Deribit
Aster
Binance
OKX
Bitget
Extended
Popdex
SunX
Polymarket Perps
Lighter RH
Lighter