Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$2funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METAUSDT | 732.64 | 0 | get 0.0000% / 8h | 6h 53m | $7.6M | $9.1M | 100x |
| Short | Aevo META-PERP | 732.75 | 0.0104 | get 0.0013% / 1h | 53m 14s | $264 | — | 10x |
Bybit METAUSDT
Aevo META-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
- $1.53
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$22.35
- Spread needed to break even
- 0.270%
Slippage unknown: Bybit: live order book, 1 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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 Bybit live order book, 1 min ago | 1.37 bp | 10.7 bp −$11 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective728.14cheapestVariational Omni729.74+0.220%Coinbase International730.14+0.275%Phoenix730.45+0.317%Aftermath Perps730.47+0.320%Ondo Perps730.82+0.368%edgeX730.89+0.377%ApeX Omni730.97+0.389%Hotstuff731.68+0.486%Gate731.81+0.504%Phemex732.33+0.575%Paradex732.46+0.593%Nado732.47+0.595%KuCoin732.49+0.597%HTX732.53+0.603%QFEX732.56+0.607%Popdex732.59+0.611%Arcus732.62+0.615%SoDEX732.63+0.617%
Injective
Variational Omni
Coinbase International
Phoenix
Ondo Perps
ApeX Omni
Hotstuff
Gate
Phemex
Paradex
Nado
KuCoin
HTX
QFEX
Popdex
Arcus
SoDEXBybit732.64+0.618%
tradeXYZ732.66+0.621%Aster732.66+0.621%OKX732.73+0.630%Binance732.74+0.632%SunX732.75+0.633%
tradeXYZ
Aster
OKX
Binance
SunXAevo732.75+0.633%
Bitget732.78+0.637%Deribit732.80+0.640%BloFin732.83+0.644%Vest732.84+0.645%Lighter RH732.86+0.648%Polymarket Perps732.86+0.648%Extended732.92+0.656%Orderly732.93+0.658%Lighter732.95+0.661%
Bitget
Deribit
BloFin
Vest
Lighter RH
Polymarket Perps
Extended
Orderly
LighterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.614% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni META | −0.395% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Coinbase International META-PERP-INTX | −0.341% | +0.0048% | 1h | $632K | $5.9M | 10x | as long as short |
| Phoenix META | −0.299% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.296% | +0.0267% | 1h | $43K | $47K | 10x | as long as short |
| Ondo Perps META-USD.P | −0.248% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| edgeX METAUSDC | −0.239% | +0.0451% | 4h | $61K | $325K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.228% | +0.0100% | 1h | $134K | $57K | 50x | as long as short |
| Hotstuff META-PERP | −0.131% | −0.0024% | 1h | $33K | $105 | 20x | as long as short |
| Gate META_USDT | −0.113% | 0.0000% | 8h | $347K | $3.9M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | −0.042% | −0.0018% | 4h | $1.9M | $5K | 10x | as long as short |
| Paradex META-USD-PERP | −0.025% | +0.0051% | 8h | — | — | 5x | as long as short |
| Nado META-PERP | −0.023% | −0.0034% | 1h | $388K | $172K | 20x | as long as short |
| KuCoin METAUSDTM | −0.020% | +0.0100% | 8h | $1.5M | $196K | 20x | as long as short |
| HTX META-USDT | −0.015% | 0.0000% | 8h | $104K | $270K | 30x | as long as short |
| QFEX META-USD | −0.011% | +0.0020% | 1h | $1.9M | $8.6M | 10x | as long as short |
| Popdex METAUSDT | −0.007% | +0.0048% | 1h | $178K | $167K | 20x | as long as short |
| Arcus META-USD | −0.003% | +0.0325% | 1h | $272K | $293K | 10x | as long as short |
| SoDEX META-USD | −0.001% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Bybit METAUSDTlong | 0.000% | 0.0000% | 8h | $7.6M | $9.1M | 100x | |
| tradeXYZ xyz:META | +0.003% | +0.0050% | 1h | $66.4M | $53.9M | 20x | as long as short |
| Aster METAUSDT | +0.003% | 0.0000% | 8h | $451K | $120K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.012% | 0.0000% | 8h | $5.9M | $9.9M | 20x | as long as short |
| Binance METAUSDT | +0.014% | 0.0000% | 8h | $25.3M | $119.0M | 20x | as long as short |
| SunX META-USDT | +0.015% | 0.0000% | 8h | $780 | $9.3M | 20x | as long as short |
| Aevo META-PERPshort | +0.015% | +0.0104% | 1h | $264 | — | 10x | |
| Bitget METAUSDT | +0.019% | 0.0000% | 8h | $5.2M | $7.8M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.022% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| BloFin META-USDT | +0.026% | −0.0120% | 8h | $326K | $640K | 20x | as long as short |
| Vest META-USD-PERP | +0.027% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Lighter RH META | +0.030% | +0.0032% | 1h | $700K | $2.6M | 20x | as long as short |
| Polymarket Perps META-USD | +0.030% | +0.0050% | 1h | $666K | $481K | 10x | as long as short |
| Extended META_24_5-USD | +0.038% | 0.0000% | 1h | $542K | $1.4M | 17x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.040% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Lighter META | +0.042% | +0.0032% | 1h | $844K | $2.4M | 20x | as long as short |