Spread before costs (cost unknown: a leg has no order-book sample)−0.012%
7d average—if it closes, per $10,000$1funding while held, a day−$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 728.78 | 0.0072 | pay 0.0009% / 1h | 16m 29s | $33K | $105 | 20x |
| Short | Aster METAUSDT | 728.69 | 0 | get 0.0000% / 8h | 7h 16m | $448K | $113K | 20x |
Hotstuff META-PERP
Aster METAUSDTPrice 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
- −$1.19
- Funding while held
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$16.35
- Spread needed to break even
- 0.130%
Slippage unknown: Hotstuff: no order-book sample; Aster: live order book, 58 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 58 min ago | 10.28 bp | 14.3 bp −$14 | 85.1 bp −$851 | doesn't fit | doesn't fit |
Hotstuff: 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 Perps728.01cheapestVariational Omni728.01+0.000%KuCoin728.08+0.010%Bybit728.09+0.011%Bitget728.11+0.014%tradeXYZ728.14+0.018%OKX728.22+0.029%QFEX728.23+0.030%Binance728.25+0.033%Popdex728.26+0.034%Gate728.26+0.034%ApeX Omni728.30+0.040%Polymarket Perps728.36+0.048%Paradex728.39+0.052%edgeX728.44+0.059%Extended728.49+0.067%Arcus728.51+0.069%Vest728.55+0.074%Lighter728.60+0.081%Nado728.60+0.081%Lighter RH728.63+0.085%
Ondo Perps
Variational Omni
KuCoin
Bybit
Bitget
tradeXYZ
OKX
QFEX
Binance
Popdex
Gate
ApeX Omni
Polymarket Perps
Paradex
Extended
Arcus
Vest
Lighter
Nado
Lighter RHAster728.69+0.094%
Hotstuff728.78+0.106%
HTX728.80+0.109%Deribit728.83+0.113%SoDEX728.91+0.124%Coinbase International728.92+0.125%Aftermath Perps728.94+0.127%Phoenix728.94+0.128%Aevo728.94+0.128%BloFin728.97+0.132%Phemex729.01+0.137%Orderly729.09+0.148%SunX729.17+0.159%Injective730.31+0.316%
HTX
Deribit
SoDEX
Coinbase International
Phoenix
Aevo
BloFin
Phemex
Orderly
SunX
InjectiveMETA 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 | −0.106% | +0.0050% | 1h | $848K | $2.8M | 10x | as long as short |
| Variational Omni META | −0.106% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| KuCoin METAUSDTM | −0.096% | +0.0100% | 8h | $1.5M | $179K | 20x | as long as short |
| Bybit METAUSDT | −0.095% | 0.0000% | 8h | $7.5M | $8.9M | 100x | as long as short |
| Bitget METAUSDT | −0.092% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| tradeXYZ xyz:META | −0.088% | +0.0050% | 1h | $66.2M | $52.7M | 20x | as long as short |
| OKX META-USDT-SWAP | −0.077% | 0.0000% | 8h | $5.9M | $9.6M | 20x | as long as short |
| QFEX META-USD | −0.075% | +0.0016% | 1h | $1.8M | $7.9M | 10x | as long as short |
| Binance METAUSDT | −0.072% | 0.0000% | 8h | $25.4M | $114.5M | 20x | as long as short |
| Popdex METAUSDT | −0.071% | +0.0048% | 1h | $176K | $165K | 20x | as long as short |