After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.014%7d average+0.045%fees + slippage, in and out−$29spread needed0.292%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit META_USDC-PERPETUAL | 733.28 | 0 | get 0.0000% / 1h | 51m 35s | $28K | $266K | 10x |
| Short | Polymarket Perps META-USD | 733.38 | 0.0050 | get 0.0006% / 1h | 51m 35s | $666K | $481K | 10x |
Deribit META_USDC-PERPETUAL
Polymarket Perps 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
- $1.36
- Funding while held
- $1.5
- Slippage, 4 orders
- −$14.15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.29
- Spread needed to break even
- 0.292%
Slippage from Deribit: live order book, 59 min ago; Polymarket Perps: live order book, 53 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Deribit live order book, 59 min ago | 3.66 bp | 7.2 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 53 min ago | 1.17 bp | 8.3 bp −$8 | 9.4 bp −$94 | 10.6 bp −$1,058 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapestVariational Omni729.74+0.220%Phoenix730.45+0.317%Ondo Perps730.82+0.368%Aftermath Perps731.06+0.401%edgeX732.33+0.575%Gate732.39+0.584%Bitget732.47+0.595%KuCoin732.49+0.597%tradeXYZ732.55+0.606%Extended732.56+0.607%Lighter RH732.57+0.608%Paradex732.59+0.611%Lighter732.67+0.622%Nado732.67+0.622%ApeX Omni732.71+0.628%Binance732.74+0.631%Bybit732.74+0.632%QFEX732.77+0.636%Aster732.81+0.641%Arcus732.82+0.643%BloFin732.83+0.644%Popdex732.84+0.645%OKX732.97+0.663%HTX733.11+0.683%SoDEX733.20+0.695%Hotstuff733.25+0.702%Aevo733.26+0.704%
Injective
Variational Omni
Phoenix
Ondo Perps
Gate
Bitget
KuCoin
tradeXYZ
Extended
Lighter RH
Paradex
Lighter
Nado
ApeX Omni
Binance
Bybit
QFEX
Aster
Arcus
BloFin
Popdex
OKX
HTX
SoDEX
Hotstuff
AevoDeribit733.28+0.706%
SunX733.31+0.710%
SunXPolymarket Perps733.38+0.720%
Coinbase International733.43+0.727%Phemex733.44+0.728%Orderly733.55+0.743%Vest733.56+0.744%
Coinbase International
Phemex
Orderly
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.701% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni META | −0.482% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Phoenix META | −0.386% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.335% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.302% | +0.0266% | 1h | $43K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.130% | +0.0647% | 4h | $61K | $326K | 10x | as long as short |
| Gate META_USDT | −0.121% | 0.0000% | 8h | $345K | $3.9M | 100x | as long as short |
| Bitget METAUSDT | −0.110% | 0.0000% | 8h | $5.3M | $8.0M | 100x | as long as short |
| KuCoin METAUSDTM | −0.108% | +0.0100% | 8h | $1.5M | $197K | 20x | as long as short |
| tradeXYZ xyz:META | −0.100% | +0.0050% | 1h | $66.5M | $54.1M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended META_24_5-USD | −0.099% | 0.0000% | 1h | $542K | $1.4M | 17x | as long as short |
| Lighter RH META | −0.097% | +0.0032% | 1h | $700K | $2.6M | 20x | as long as short |
| Paradex META-USD-PERP | −0.094% | +0.0051% | 8h | — | — | 5x | as long as short |
| Lighter META | −0.083% | +0.0032% | 1h | $844K | $2.4M | 20x | as long as short |
| Nado META-PERP | −0.083% | −0.0018% | 1h | $388K | $172K | 20x | as long as short |
| ApeX Omni METAUSDT | −0.078% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| Binance METAUSDT | −0.074% | 0.0000% | 8h | $25.2M | $119.6M | 20x | as long as short |
| Bybit METAUSDT | −0.074% | 0.0000% | 8h | $7.5M | $9.1M | 100x | as long as short |
| QFEX META-USD | −0.070% | +0.0020% | 1h | $1.8M | $8.7M | 10x | as long as short |
| Aster METAUSDT | −0.064% | 0.0000% | 8h | $451K | $120K | 20x | as long as short |
| Arcus META-USD | −0.063% | +0.0325% | 1h | $272K | $293K | 10x | as long as short |
| BloFin META-USDT | −0.061% | −0.0120% | 8h | $326K | $640K | 20x | as long as short |
| Popdex METAUSDT | −0.060% | +0.0048% | 1h | $178K | $167K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.042% | 0.0000% | 8h | $5.9M | $9.9M | 20x | as long as short |
| HTX META-USDT | −0.023% | 0.0000% | 8h | $104K | $270K | 30x | as long as short |
| SoDEX META-USD | −0.011% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Hotstuff META-PERP | −0.004% | +0.0056% | 1h | $33K | $105 | 20x | as long as short |
| Aevo META-PERP | −0.002% | +0.0104% | 1h | $264 | — | 10x | as long as short |
| Deribit META_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $28K | $266K | 10x | |
| SunX META-USDT | +0.004% | 0.0000% | 8h | $780 | $9.3M | 20x | as long as short |
| Polymarket Perps META-USDshort | +0.014% | +0.0050% | 1h | $666K | $481K | 10x | |
| Coinbase International META-PERP-INTX | +0.020% | +0.0048% | 1h | $629K | $5.9M | 10x | as long as short |
| Phemex METAUSDT | +0.022% | −0.0045% | 4h | $1.9M | $5K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.037% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Vest META-USD-PERP | +0.038% | +0.0046% | 1h | — | $8K | 25x | as long as short |