Spread before costs (cost unknown: a leg has no order-book sample)−0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$8.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 747.92 | 0 | get 0.0000% / 8h | 5h 24m | $106K | $280K | 30x |
| Short | Aftermath Perps METAUSD | 747.46 | 0.0294 | get 0.0037% / 1h | 24m 34s | $44K | $46K | 10x |
HTX 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
- −$6.09
- Funding while held
- $8.81
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$18.28
- Spread needed to break even
- 0.210%
Slippage unknown: HTX: live order book, 9 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0294%
- Per $10,000 a day
- +$8.81
- 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 HTX live order book, 9 min ago | 2.75 bp | 11.7 bp −$12 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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.Phoenix746.24cheapestVariational Omni747.08+0.112%KuCoin747.10+0.115%Gate747.13+0.119%ApeX Omni747.33+0.146%Injective747.36+0.150%tradeXYZ747.40+0.155%Bybit747.51+0.170%OKX747.51+0.170%Hotstuff747.52+0.172%SoDEX747.53+0.173%Paradex747.54+0.174%BloFin747.57+0.178%Extended747.63+0.186%Arcus747.63+0.186%Bitget747.64+0.188%Deribit747.65+0.189%Aster747.70+0.196%Binance747.72+0.198%Lighter RH747.79+0.208%Coinbase International747.79+0.208%Nado747.81+0.211%Ondo Perps747.91+0.224%
Phoenix
Variational Omni
KuCoin
Gate
ApeX Omni
Injective
tradeXYZ
Bybit
OKX
Hotstuff
SoDEX
Paradex
BloFin
Extended
Arcus
Bitget
Deribit
Aster
Binance
Lighter RH
Coinbase International
Nado
Ondo PerpsHTX747.92+0.225%
edgeX747.92+0.226%Orderly747.95+0.229%QFEX747.97+0.232%Aevo748.01+0.237%Lighter748.02+0.239%Polymarket Perps748.08+0.247%Popdex748.13+0.253%Phemex748.23+0.267%SunX748.24+0.268%Vest748.47+0.299%
Orderly
QFEX
Aevo
Lighter
Polymarket Perps
Popdex
Phemex
SunX
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.225% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Variational Omni META | −0.112% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| KuCoin METAUSDTM | −0.110% | +0.0100% | 8h | $1.6M | $281K | 20x | as long as short |
| Gate META_USDT | −0.106% | 0.0000% | 8h | $343K | $4.7M | 100x | as long as short |
| ApeX Omni METAUSDT | −0.079% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| Injective META/USDC PERP | −0.075% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| tradeXYZ xyz:META | −0.070% | +0.0050% | 1h | $80.1M | $87.8M | 20x | as long as short |
| Aftermath Perps METAUSDshort | −0.061% | +0.0294% | 1h | $44K | $46K | 10x | |
| Bybit METAUSDT | −0.055% | 0.0000% | 8h | $8.1M | $11.0M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.055% | 0.0000% | 8h | $6.0M | $11.8M | 20x | as long as short |