Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average−0.083%if it closes, per $10,000$5funding while held, a day−$2.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 712.72 | 0.0123 | pay 0.0062% / 4h | 30m 51s | $60K | $325K | 10x |
| Short | Ondo Perps META-USD.P | 712.35 | 0.0050 | get 0.0006% / 1h | 30m 51s | $851K | $2.6M | 10x |
Ondo Perps META-USD.PPrice 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
- −$5.24
- Funding while held
- −$2.18
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.43
- Spread needed to break even
- 0.140%
Slippage unknown: edgeX: live order book, 19 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0073%
- Per $10,000 a day
- −$2.18
- 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 edgeX live order book, 19 min ago | 5.93 bp | 10.5 bp −$11 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.Injective711.82cheapestCoinbase International711.97+0.021%
Injective
Coinbase InternationalOndo Perps712.35+0.074%
Aftermath Perps712.45+0.089%Phoenix712.79+0.136%ApeX Omni712.81+0.139%HTX712.81+0.139%KuCoin712.87+0.148%Gate712.95+0.159%Hotstuff712.97+0.162%Orderly713.03+0.170%Arcus713.06+0.174%SoDEX713.07+0.176%Deribit713.08+0.177%QFEX713.11+0.181%Aevo713.11+0.182%Paradex713.13+0.184%Phemex713.14+0.185%tradeXYZ713.16+0.188%Nado713.19+0.192%Variational Omni713.20+0.194%Bybit713.21+0.195%Popdex713.23+0.198%BloFin713.27+0.204%Vest713.29+0.207%Extended713.31+0.209%Lighter713.33+0.212%Lighter RH713.33+0.212%Aster713.34+0.214%Binance713.35+0.215%Polymarket Perps713.35+0.215%SunX713.38+0.219%Bitget713.41+0.223%OKX713.44+0.228%
Phoenix
ApeX Omni
HTX
KuCoin
Gate
Hotstuff
Orderly
Arcus
SoDEX
Deribit
QFEX
Aevo
Paradex
Phemex
tradeXYZ
Nado
Variational Omni
Bybit
Popdex
BloFin
Vest
Extended
Lighter
Lighter RH
Aster
Binance
Polymarket Perps
SunX
Bitget
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.127% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.106% | +0.0056% | 1h | $644K | $4.9M | 10x | as long as short |
| Ondo Perps META-USD.Pshort | −0.052% | +0.0050% | 1h | $851K | $2.6M | 10x | |
| Aftermath Perps METAUSD | −0.038% | +0.0247% | 1h | $43K | $48K | 10x | as long as short |
| edgeX METAUSDClong | 0.000% | +0.0123% | 4h | $60K | $325K | 10x | |
| Phoenix META | +0.009% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.012% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| HTX META-USDT | +0.012% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| KuCoin METAUSDTM | +0.021% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| Gate META_USDT | +0.032% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |