Spread before costs (cost unknown: a leg has no order-book sample)+0.012%
7d average—if it closes, per $10,000$1funding while held, a day+$5.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin META-USDT | 728.91 | −0.0120 | get 0.0120% / 8h | 7h 12m | $326K | $612K | 20x |
| Short | SoDEX META-USD | 729.00 | 0.0050 | get 0.0006% / 1h | 12m 39s | $24K | $3K | 10x |
BloFin META-USDT
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
- $1.23
- Funding while held
- $5.1
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.67
- Spread needed to break even
- 0.200%
Slippage unknown: BloFin: live order book, 30 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0170%
- Per $10,000 a day
- +$5.10
- 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, 30 min ago | 0.34 bp | 9.2 bp −$9 | 15.2 bp −$152 | 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.ApeX Omni727.88cheapestedgeX728.04+0.023%Ondo Perps728.29+0.056%Gate728.49+0.084%Variational Omni728.52+0.087%Phoenix728.56+0.093%KuCoin728.61+0.100%Hotstuff728.75+0.120%Bitget728.77+0.122%Nado728.77+0.123%Binance728.83+0.131%tradeXYZ728.84+0.132%QFEX728.86+0.135%Paradex728.89+0.139%Aster728.90+0.140%Bybit728.90+0.140%
ApeX Omni
Ondo Perps
Gate
Variational Omni
Phoenix
KuCoin
Hotstuff
Bitget
Nado
Binance
tradeXYZ
QFEX
Paradex
Aster
BybitBloFin728.91+0.142%
Extended728.92+0.143%Phemex728.96+0.148%Aftermath Perps728.97+0.149%Lighter729.00+0.154%
Extended
Phemex
LighterSoDEX729.00+0.154%
OKX729.01+0.155%Popdex729.02+0.157%Aevo729.03+0.157%Lighter RH729.04+0.159%Deribit729.07+0.163%Arcus729.16+0.176%Orderly729.19+0.180%HTX729.19+0.180%Coinbase International729.25+0.188%SunX729.26+0.190%Polymarket Perps729.30+0.195%Vest729.40+0.209%Injective730.12+0.308%
OKX
Popdex
Aevo
Lighter RH
Deribit
Arcus
Orderly
HTX
Coinbase International
SunX
Polymarket Perps
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.141% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| edgeX METAUSDC | −0.119% | +0.0806% | 4h | $61K | $326K | 10x | as long as short |
| Ondo Perps META-USD.P | −0.085% | +0.0050% | 1h | $848K | $2.8M | 10x | as long as short |
| Gate META_USDT | −0.058% | 0.0000% | 8h | $362K | $3.8M | 100x | as long as short |
| Variational Omni META | −0.054% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Phoenix META | −0.048% | +0.0100% | 1h | $248K | $361K | 20x | as long as short |
| KuCoin METAUSDTM | −0.041% | +0.0100% | 8h | $1.5M | $181K | 20x | as long as short |
| Hotstuff META-PERP | −0.022% | +0.0008% | 1h | $33K | $105 | 20x | as long as short |
| Bitget METAUSDT | −0.019% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| Nado META-PERP | −0.019% | +0.0037% | 1h | $394K | $122K | 20x | as long as short |