Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METAUSDT | 725.57 | 0 | get 0.0000% / 8h | 7h 39m | $7.6M | $8.7M | 100x |
| Short | Orderly PERP_META_USDC_mythos | 725.91 | 0.0100 | get 0.0100% / 8h | 7h 39m | $1K | — | 10x |
Bybit METAUSDT
Orderly PERP_META_USDC_mythosPrice 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
- $4.69
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.31
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 5 min ago | 1.17 bp | 9.0 bp −$9 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Coinbase International725.34cheapestHTX725.43+0.012%Gate725.54+0.028%KuCoin725.54+0.028%Paradex725.54+0.028%tradeXYZ725.56+0.030%
Coinbase International
HTX
Gate
KuCoin
Paradex
tradeXYZBybit725.57+0.032%
OKX725.58+0.033%Bitget725.60+0.036%Lighter725.62+0.039%Lighter RH725.62+0.039%Binance725.65+0.043%Phoenix725.65+0.043%Extended725.69+0.048%Deribit725.69+0.048%Aster725.69+0.048%Nado725.71+0.052%Aevo725.77+0.059%Aftermath Perps725.79+0.062%SoDEX725.81+0.065%
OKX
Bitget
Lighter
Lighter RH
Binance
Phoenix
Extended
Deribit
Aster
Nado
Aevo
SoDEXOrderly725.91+0.079%
Arcus725.93+0.081%Ondo Perps725.95+0.084%SunX725.96+0.085%Phemex726.10+0.105%ApeX Omni726.14+0.110%Variational Omni726.15+0.112%Hotstuff726.18+0.116%QFEX726.19+0.117%Vest726.24+0.124%Popdex726.26+0.127%Polymarket Perps726.33+0.136%BloFin726.49+0.159%edgeX726.57+0.169%Injective726.96+0.223%
Arcus
Ondo Perps
SunX
Phemex
ApeX Omni
Variational Omni
Hotstuff
QFEX
Vest
Popdex
Polymarket Perps
BloFin
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International META-PERP-INTX | −0.032% | +0.0040% | 1h | $699K | $5.6M | 10x | as long as short |
| HTX META-USDT | −0.019% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Gate META_USDT | −0.004% | 0.0000% | 8h | $370K | $3.6M | 100x | as long as short |
| KuCoin METAUSDTM | −0.004% | +0.0100% | 8h | $1.4M | $186K | 20x | as long as short |
| Paradex META-USD-PERP | −0.004% | +0.0051% | 8h | — | — | 5x | as long as short |
| tradeXYZ xyz:META | −0.001% | +0.0050% | 1h | $65.9M | $50.9M | 20x | as long as short |
| Bybit METAUSDTlong | 0.000% | 0.0000% | 8h | $7.6M | $8.7M | 100x | |
| OKX META-USDT-SWAP | +0.001% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| Bitget METAUSDT | +0.004% | 0.0000% | 8h | $5.2M | $7.2M | 100x | as long as short |
| Lighter META | +0.007% | +0.0032% | 1h | $698K | $2.2M | 20x | as long as short |