Spread before costs (cost unknown: a leg has no order-book sample)−0.162%
7d average+0.015%if it closes, per $10,000$16funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METAUSDT | 729.42 | 0 | get 0.0000% / 8h | 6h 57m | $7.5M | $9.0M | 100x |
| Short | Variational Omni META | 728.24 | 0 | get 0.0000% / 8h | 6h 57m | $1.4M | $2.1M | — |
Bybit METAUSDT
Variational Omni METAPrice 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
- −$16.22
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.22
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 2 min ago | 1.24 bp | 11.3 bp −$11 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.46 bp | doesn't fit | 9.9 bp −$99 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.BloFin728.21cheapest
BloFinVariational Omni728.24+0.004%
edgeX728.32+0.016%ApeX Omni728.43+0.030%Hotstuff728.67+0.063%Phoenix728.68+0.065%HTX728.82+0.084%Ondo Perps729.00+0.108%Aftermath Perps729.02+0.111%Aevo729.15+0.129%Deribit729.15+0.129%Orderly729.18+0.133%SoDEX729.18+0.133%Aster729.19+0.135%SunX729.19+0.135%KuCoin729.20+0.136%OKX729.22+0.139%Popdex729.23+0.140%Paradex729.23+0.140%QFEX729.24+0.141%Coinbase International729.24+0.141%Polymarket Perps729.29+0.148%Nado729.30+0.149%tradeXYZ729.35+0.157%Gate729.36+0.158%Extended729.37+0.159%Phemex729.37+0.159%Lighter729.39+0.162%Bitget729.39+0.162%Lighter RH729.42+0.166%
ApeX Omni
Hotstuff
Phoenix
HTX
Ondo Perps
Aevo
Deribit
Orderly
SoDEX
Aster
SunX
KuCoin
OKX
Popdex
Paradex
QFEX
Coinbase International
Polymarket Perps
Nado
tradeXYZ
Gate
Extended
Phemex
Lighter
Bitget
Lighter RHBybit729.42+0.166%
Arcus729.44+0.169%Binance729.53+0.181%Vest729.54+0.183%Injective730.16+0.268%
Arcus
Binance
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.166% | −0.0120% | 8h | $325K | $622K | 20x | as long as short |
| Variational Omni METAshort | −0.162% | 0.0000% | 8h | $1.4M | $2.1M | — | |
| edgeX METAUSDC | −0.150% | +0.0186% | 4h | $61K | $327K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.136% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Hotstuff META-PERP | −0.103% | +0.0048% | 1h | $33K | $105 | 20x | as long as short |
| Phoenix META | −0.101% | +0.0100% | 1h | $240K | $361K | 20x | as long as short |
| HTX META-USDT | −0.082% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Ondo Perps META-USD.P | −0.058% | +0.0050% | 1h | $801K | $3.0M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.055% | +0.0274% | 1h | $43K | $47K | 10x | as long as short |
| Aevo META-PERP | −0.037% | +0.0104% | 1h | $262 | — | 10x | as long as short |