Spread before costs (cost unknown: a leg has no order-book sample)+0.044%
7d average—if it closes, per $10,000$4funding while held, a day+$1.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate META_USDT | 709.98 | 0 | get 0.0000% / 8h | 36m 18s | $384K | $3.2M | 100x |
| Short | Paradex META-USD-PERP | 710.29 | 0.0052 | get 0.0052% / 8h | 36m 18s | — | — | 5x |
Gate META_USDT
Paradex META-USD-PERPPrice 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
- $4.36
- Funding while held
- $1.57
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.07
- Spread needed to break even
- 0.190%
Slippage unknown: Gate: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.57
- 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 Gate live order book, 3 min ago | 6.45 bp | 17.0 bp −$17 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Gate709.98cheapest
HTX710.14+0.023%tradeXYZ710.16+0.025%KuCoin710.21+0.032%Hotstuff710.24+0.037%Extended710.26+0.039%Aevo710.26+0.040%
HTX
tradeXYZ
KuCoin
Hotstuff
Extended
AevoParadex710.29+0.044%
Deribit710.33+0.049%Arcus710.35+0.052%QFEX710.38+0.056%Orderly710.38+0.056%SoDEX710.40+0.059%Polymarket Perps710.43+0.063%Binance710.44+0.065%Popdex710.45+0.066%OKX710.46+0.068%Bybit710.47+0.069%Bitget710.50+0.073%Lighter RH710.59+0.086%Lighter710.61+0.089%SunX710.66+0.096%Vest710.72+0.104%Aster710.85+0.123%BloFin711.01+0.145%Aftermath Perps711.15+0.164%Nado711.16+0.166%Ondo Perps711.21+0.173%Phemex711.41+0.201%Coinbase International711.74+0.248%Variational Omni711.84+0.262%Injective712.37+0.337%edgeX712.71+0.385%ApeX Omni712.87+0.407%Phoenix713.38+0.479%
Deribit
Arcus
QFEX
Orderly
SoDEX
Polymarket Perps
Binance
Popdex
OKX
Bybit
Bitget
Lighter RH
Lighter
SunX
Vest
Aster
BloFin
Nado
Ondo Perps
Phemex
Coinbase International
Variational Omni
Injective
ApeX Omni
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDTlong | 0.000% | 0.0000% | 8h | $384K | $3.2M | 100x | |
| HTX META-USDT | +0.023% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| tradeXYZ xyz:META | +0.025% | +0.0050% | 1h | $61.5M | $46.4M | 20x | as long as short |
| KuCoin METAUSDTM | +0.032% | +0.0100% | 8h | $1.5M | $138K | 20x | as long as short |
| Hotstuff META-PERP | +0.037% | +0.0088% | 1h | $32K | $105 | 20x | as long as short |
| Extended META_24_5-USD | +0.039% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Aevo META-PERP | +0.040% | +0.0104% | 1h | $256 | — | 10x | as long as short |
| Paradex META-USD-PERPshort | +0.044% | +0.0052% | 8h | — | — | 5x | |
| Deribit META_USDC-PERPETUAL | +0.049% | 0.0000% | 1h | $29K | $253K | 10x | as long as short |
| Arcus META-USD | +0.052% | +0.0088% | 1h | $279K | $249K | 10x | as long as short |