Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$2funding while held, a day+$5.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin META-USDT | 748.63 | −0.0120 | get 0.0120% / 8h | 5h 17m | $334K | $998K | 20x |
| Short | Paradex META-USD-PERP | 748.44 | 0.0050 | get 0.0050% / 8h | 5h 17m | — | — | 5x |
BloFin META-USDT
Paradex META-USD-PERPPrice 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
- −$2.47
- Funding while held
- $5.11
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.36
- Spread needed to break even
- 0.160%
Slippage unknown: BloFin: live order book, 16 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0170%
- Per $10,000 a day
- +$5.11
- 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 BloFin live order book, 16 min ago | 0.07 bp | 6.4 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 Omni746.73cheapestPhoenix746.83+0.013%Gate747.24+0.068%OKX747.56+0.111%Injective747.70+0.130%HTX747.73+0.134%Bybit747.76+0.138%SoDEX747.76+0.138%Deribit747.82+0.146%tradeXYZ747.84+0.149%Aevo747.86+0.152%Extended747.87+0.153%KuCoin747.89+0.155%Aster747.96+0.164%QFEX747.99+0.169%Orderly748.00+0.170%Popdex748.03+0.174%Binance748.05+0.176%Bitget748.09+0.182%Polymarket Perps748.10+0.183%Lighter RH748.11+0.185%Arcus748.11+0.185%Coinbase International748.14+0.189%edgeX748.16+0.191%Hotstuff748.20+0.197%Nado748.23+0.201%SunX748.25+0.204%Lighter748.26+0.205%Phemex748.31+0.212%Ondo Perps748.35+0.217%Variational Omni748.44+0.228%
ApeX Omni
Phoenix
Gate
OKX
Injective
HTX
Bybit
SoDEX
Deribit
tradeXYZ
Aevo
Extended
KuCoin
Aster
QFEX
Orderly
Popdex
Binance
Bitget
Polymarket Perps
Lighter RH
Arcus
Coinbase International
Hotstuff
Nado
SunX
Lighter
Phemex
Ondo Perps
Variational OmniParadex748.44+0.230%
Aftermath Perps748.52+0.239%BloFin748.63+0.254%
Vest748.88+0.288%
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.254% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| Phoenix META | −0.240% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Gate META_USDT | −0.186% | 0.0000% | 8h | $361K | $4.7M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.143% | 0.0000% | 8h | $6.0M | $12.0M | 20x | as long as short |
| Injective META/USDC PERP | −0.124% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| HTX META-USDT | −0.120% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| Bybit METAUSDT | −0.116% | 0.0000% | 8h | $8.2M | $11.4M | 100x | as long as short |
| SoDEX META-USD | −0.116% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.108% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| tradeXYZ xyz:META | −0.106% | +0.0050% | 1h | $78.4M | $90.5M | 20x | as long as short |