Spread before costs (cost unknown: a leg has no order-book sample)+0.251%
7d average+0.051%if it closes, per $10,000$25funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit META_USDC-PERPETUAL | 740.51 | 0 | get 0.0000% / 1h | 8m 59s | $28K | $266K | 10x |
| Short | Variational Omni META | 742.37 | 0 | get 0.0000% / 8h | 6h 08m | $1.5M | $2.1M | — |
Deribit META_USDC-PERPETUAL
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
- $25.09
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $18.09
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: live order book, 36 min ago; Variational Omni: RFQ quote, 2 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 Deribit live order book, 36 min ago | 3.81 bp | 7.3 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.45 bp | doesn't fit | 16.2 bp −$162 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate740.13cheapestOndo Perps740.25+0.016%KuCoin740.33+0.027%
Gate
Ondo Perps
KuCoinDeribit740.51+0.051%
HTX740.55+0.057%tradeXYZ740.61+0.065%Bybit740.66+0.072%Bitget740.66+0.072%SoDEX740.68+0.074%OKX740.72+0.080%Paradex740.74+0.082%BloFin740.78+0.088%Extended740.82+0.093%Binance740.82+0.093%Coinbase International740.83+0.095%Lighter RH740.85+0.097%Aster740.87+0.100%Popdex740.96+0.112%SunX740.96+0.112%Nado741.03+0.121%Aevo741.06+0.125%Lighter741.09+0.130%QFEX741.11+0.132%Orderly741.17+0.141%Polymarket Perps741.20+0.145%Arcus741.29+0.157%Phemex741.47+0.181%Hotstuff741.51+0.186%Aftermath Perps741.70+0.212%Vest741.94+0.245%
HTX
tradeXYZ
Bybit
Bitget
SoDEX
OKX
Paradex
BloFin
Extended
Binance
Coinbase International
Lighter RH
Aster
Popdex
SunX
Nado
Aevo
Lighter
QFEX
Orderly
Polymarket Perps
Arcus
Phemex
Hotstuff
VestVariational Omni742.37+0.302%
edgeX742.47+0.317%ApeX Omni742.80+0.361%Injective742.83+0.365%Phoenix743.30+0.428%
ApeX Omni
Injective
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.051% | 0.0000% | 8h | $341K | $4.4M | 100x | as long as short |
| Ondo Perps META-USD.P | −0.035% | +0.0050% | 1h | $740K | $3.2M | 10x | as long as short |
| KuCoin METAUSDTM | −0.024% | +0.0100% | 8h | $1.6M | $257K | 20x | as long as short |
| Deribit META_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $28K | $266K | 10x | |
| HTX META-USDT | +0.005% | 0.0000% | 8h | $105K | $279K | 30x | as long as short |
| tradeXYZ xyz:META | +0.014% | +0.0050% | 1h | $70.4M | $67.0M | 20x | as long as short |
| Bybit METAUSDT | +0.020% | 0.0000% | 8h | $7.8M | $10.2M | 100x | as long as short |
| Bitget METAUSDT | +0.020% | 0.0000% | 8h | $5.7M | $8.9M | 100x | as long as short |
| SoDEX META-USD | +0.023% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.028% | 0.0000% | 8h | $6.0M | $10.8M | 20x | as long as short |