Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average—if it closes, per $10,000$6funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 746.42 | 0.0100 | pay 0.0013% / 1h | 7m 30s | $167K | $71K | 50x |
| Short | SoDEX META-USD | 745.98 | 0.0050 | get 0.0006% / 1h | 7m 30s | $25K | $3K | 10x |
ApeX Omni METAUSDT
SoDEX META-USDPrice 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
- −$5.89
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$25.39
- Spread needed to break even
- 0.180%
Slippage unknown: ApeX Omni: live order book, 25 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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, 25 min ago | 4.08 bp | 30.6 bp −$31 | 468.9 bp −$4,689 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.KuCoin745.61cheapestGate745.68+0.009%Phoenix745.68+0.009%tradeXYZ745.74+0.017%OKX745.77+0.021%HTX745.79+0.024%Coinbase International745.87+0.035%
KuCoin
Gate
Phoenix
tradeXYZ
OKX
HTX
Coinbase InternationalSoDEX745.98+0.050%
Bybit746.00+0.052%Deribit746.00+0.052%Hotstuff746.01+0.054%Popdex746.04+0.058%Bitget746.07+0.062%Polymarket Perps746.08+0.063%Paradex746.17+0.075%Nado746.18+0.076%Binance746.19+0.078%Aevo746.22+0.082%QFEX746.23+0.083%Ondo Perps746.28+0.090%Arcus746.30+0.093%Orderly746.30+0.093%BloFin746.32+0.095%SunX746.33+0.097%Extended746.34+0.098%Aster746.38+0.104%
Bybit
Deribit
Hotstuff
Popdex
Bitget
Polymarket Perps
Paradex
Nado
Binance
Aevo
QFEX
Ondo Perps
Arcus
Orderly
BloFin
SunX
Extended
AsterApeX Omni746.42+0.109%
Injective746.44+0.111%Lighter RH746.51+0.121%Aftermath Perps746.65+0.139%Lighter746.65+0.139%Vest746.67+0.142%Phemex746.99+0.185%Variational Omni747.17+0.209%edgeX747.29+0.225%
Injective
Lighter RH
Lighter
Vest
Phemex
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.109% | +0.0100% | 8h | $1.6M | $287K | 20x | as long as short |
| Gate META_USDT | −0.099% | 0.0000% | 8h | $360K | $4.8M | 100x | as long as short |
| Phoenix META | −0.099% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| tradeXYZ xyz:META | −0.091% | +0.0050% | 1h | $77.3M | $91.9M | 20x | as long as short |
| OKX META-USDT-SWAP | −0.087% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| HTX META-USDT | −0.084% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.074% | +0.0048% | 1h | $651K | $6.5M | 10x | as long as short |
| SoDEX META-USDshort | −0.059% | +0.0050% | 1h | $25K | $3K | 10x | |
| Bybit METAUSDT | −0.056% | 0.0000% | 8h | $8.1M | $11.6M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |