Spread before costs (cost unknown: a leg has no order-book sample)+0.129%
7d average—if it closes, per $10,000$13funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 712.57 | 0.0104 | pay 0.0013% / 1h | 27m 06s | $32K | $105 | 20x |
| Short | SunX META-USDT | 713.49 | 0 | get 0.0000% / 8h | 1h 27m | $802 | $6.6M | 20x |
Hotstuff META-PERP
SunX META-USDTPrice 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
- $12.91
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$5.21
- Spread needed to break even
- 0.150%
Slippage unknown: Hotstuff: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0104%
- Per $10,000 a day
- −$3.12
- 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 SunX live order book, 8 min ago | 17.49 bp | 22.5 bp −$22 | 52.0 bp −$520 | 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.ApeX Omni711.30cheapestedgeX711.95+0.091%Ondo Perps712.36+0.149%Aftermath Perps712.38+0.152%Variational Omni712.43+0.159%Phoenix712.51+0.170%
ApeX Omni
Ondo Perps
Variational Omni
PhoenixHotstuff712.57+0.179%
Popdex712.69+0.195%Vest712.71+0.198%QFEX712.72+0.200%Nado712.72+0.200%Arcus712.74+0.202%Paradex712.74+0.203%Aster712.78+0.208%HTX712.78+0.208%Deribit712.81+0.212%KuCoin712.83+0.215%Extended712.90+0.224%Aevo712.93+0.228%Coinbase International712.94+0.231%SoDEX712.95+0.232%Orderly712.99+0.238%Polymarket Perps713.00+0.239%tradeXYZ713.07+0.249%Lighter713.18+0.264%Gate713.30+0.281%Lighter RH713.38+0.292%BloFin713.48+0.306%
Popdex
Vest
QFEX
Nado
Arcus
Paradex
Aster
HTX
Deribit
KuCoin
Extended
Aevo
Coinbase International
SoDEX
Orderly
Polymarket Perps
tradeXYZ
Lighter
Gate
Lighter RH
BloFinSunX713.49+0.308%
Phemex713.50+0.309%Binance713.52+0.312%Bitget713.54+0.315%Bybit713.62+0.326%Injective713.75+0.344%OKX713.85+0.358%
Phemex
Binance
Bitget
Bybit
Injective
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.178% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| edgeX METAUSDC | −0.087% | +0.0810% | 4h | $60K | $322K | 10x | as long as short |
| Ondo Perps META-USD.P | −0.029% | +0.0050% | 1h | $918K | $2.3M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.027% | +0.0254% | 1h | $43K | $48K | 10x | as long as short |
| Variational Omni META | −0.019% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | −0.008% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| Hotstuff META-PERPlong | 0.000% | +0.0104% | 1h | $32K | $105 | 20x | |
| Popdex METAUSDT | +0.017% | +0.0048% | 1h | $164K | $148K | 20x | as long as short |
| Vest META-USD-PERP | +0.020% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| QFEX META-USD | +0.021% | +0.0033% | 1h | $1.8M | $5.3M | 10x | as long as short |