Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average—if it closes, per $10,000$5funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended META_24_5-USD | 713.31 | 0 | get 0.0000% / 1h | 26m 52s | $517K | $1.3M | 17x |
| Short | SoDEX META-USD | 712.96 | 0.0050 | get 0.0006% / 1h | 26m 52s | $24K | $3K | 10x |
Extended META_24_5-USD
SoDEX 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
- −$4.84
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16.34
- Spread needed to break even
- 0.130%
Slippage unknown: Extended: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.
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 Extended live order book, 3 min ago | 0.70 bp | 5.8 bp −$6 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Ondo Perps712.23cheapestInjective712.39+0.022%edgeX712.72+0.069%ApeX Omni712.86+0.088%HTX712.88+0.091%Gate712.90+0.094%Coinbase International712.90+0.094%Paradex712.92+0.096%Hotstuff712.96+0.102%
Ondo Perps
Injective
ApeX Omni
HTX
Gate
Coinbase International
Paradex
HotstuffSoDEX712.96+0.102%
Deribit712.97+0.104%Aevo712.97+0.104%Phoenix713.00+0.108%Nado713.07+0.118%tradeXYZ713.08+0.119%Lighter RH713.12+0.125%Arcus713.12+0.125%BloFin713.13+0.126%Lighter713.15+0.129%Orderly713.17+0.132%OKX713.20+0.136%Variational Omni713.20+0.137%Aftermath Perps713.20+0.137%KuCoin713.21+0.138%Polymarket Perps713.22+0.139%Vest713.23+0.140%QFEX713.24+0.142%Binance713.25+0.143%Popdex713.29+0.149%
Deribit
Aevo
Phoenix
Nado
tradeXYZ
Lighter RH
Arcus
BloFin
Lighter
Orderly
OKX
Variational Omni
KuCoin
Polymarket Perps
Vest
QFEX
Binance
PopdexExtended713.31+0.151%
Aster713.34+0.156%SunX713.43+0.168%Phemex713.46+0.173%Bitget713.54+0.184%Bybit713.66+0.201%
Aster
SunX
Phemex
Bitget
BybitMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.151% | +0.0050% | 1h | $851K | $2.6M | 10x | as long as short |
| Injective META/USDC PERP | −0.128% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| edgeX METAUSDC | −0.082% | +0.0080% | 4h | $60K | $322K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.062% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| HTX META-USDT | −0.060% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| Gate META_USDT | −0.057% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.057% | +0.0056% | 1h | $640K | $4.9M | 10x | as long as short |
| Paradex META-USD-PERP | −0.054% | +0.0052% | 8h | — | — | 5x | as long as short |
| Hotstuff META-PERP | −0.048% | −0.0072% | 1h | $32K | $105 | 20x | as long as short |
| SoDEX META-USDshort | −0.048% | +0.0050% | 1h | $24K | $3K | 10x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit META_USDC-PERPETUAL | −0.047% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| Aevo META-PERP | −0.047% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Phoenix META | −0.043% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| Nado META-PERP | −0.033% | +0.0015% | 1h | $442K | $87K | 20x | as long as short |
| tradeXYZ xyz:META | −0.032% | +0.0050% | 1h | $61.8M | $46.6M | 20x | as long as short |
| Lighter RH META | −0.026% | +0.0032% | 1h | $664K | $2.5M | 20x | as long as short |
| Arcus META-USD | −0.026% | +0.0088% | 1h | $281K | $249K | 10x | as long as short |
| BloFin META-USDT | −0.025% | −0.0120% | 8h | $341K | $474K | 20x | as long as short |
| Lighter META | −0.022% | +0.0032% | 1h | $688K | $2.1M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.019% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| OKX META-USDT-SWAP | −0.015% | 0.0000% | 8h | $6.1M | $7.5M | 20x | as long as short |
| Variational Omni META | −0.014% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Aftermath Perps METAUSD | −0.014% | +0.0244% | 1h | $43K | $47K | 10x | as long as short |
| KuCoin METAUSDTM | −0.013% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| Polymarket Perps META-USD | −0.012% | +0.0050% | 1h | $648K | $463K | 10x | as long as short |
| Vest META-USD-PERP | −0.011% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| QFEX META-USD | −0.009% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| Binance METAUSDT | −0.008% | 0.0000% | 8h | $25.3M | $94.4M | 20x | as long as short |
| Popdex METAUSDT | −0.002% | +0.0048% | 1h | $167K | $155K | 20x | as long as short |
| Extended META_24_5-USDlong | 0.000% | 0.0000% | 1h | $517K | $1.3M | 17x | |
| Aster METAUSDT | +0.005% | 0.0000% | 8h | $439K | $86K | 20x | as long as short |
| SunX META-USDT | +0.018% | 0.0000% | 8h | $898 | $8.3M | 20x | as long as short |
| Phemex METAUSDT | +0.022% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Bitget METAUSDT | +0.033% | 0.0000% | 8h | $4.9M | $6.0M | 100x | as long as short |
| Bybit METAUSDT | +0.050% | 0.0000% | 8h | $7.1M | $7.5M | 100x | as long as short |