Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 730.65 | 0 | get 0.0000% / 8h | 6h 55m | $104K | $270K | 30x |
| Short | Orderly PERP_META_USDC_mythos | 730.99 | 0.0100 | get 0.0100% / 8h | 6h 55m | $1K | — | 10x |
HTX META-USDT
Orderly PERP_META_USDC_mythosPrice 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
- $4.65
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.35
- Spread needed to break even
- 0.180%
Slippage unknown: HTX: live order book, 48 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 48 min ago | 3.03 bp | 11.5 bp −$12 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Injective728.14cheapestApeX Omni728.46+0.044%edgeX729.26+0.153%Aftermath Perps729.73+0.219%Variational Omni729.74+0.220%Coinbase International730.14+0.275%Ondo Perps730.17+0.279%Gate730.27+0.293%Phoenix730.45+0.317%
Injective
ApeX Omni
Variational Omni
Coinbase International
Ondo Perps
Gate
PhoenixHTX730.65+0.345%
Phemex730.67+0.347%Nado730.79+0.363%Bitget730.80+0.365%KuCoin730.82+0.368%tradeXYZ730.86+0.374%OKX730.87+0.375%Aevo730.88+0.376%Extended730.90+0.379%SoDEX730.91+0.380%Deribit730.91+0.380%
Phemex
Nado
Bitget
KuCoin
tradeXYZ
OKX
Aevo
Extended
SoDEX
DeribitOrderly730.99+0.391%
Aster730.99+0.392%Bybit731.03+0.397%BloFin731.07+0.402%SunX731.11+0.408%Binance731.12+0.409%Hotstuff731.15+0.413%Paradex731.15+0.414%QFEX731.18+0.418%Polymarket Perps731.20+0.420%Popdex731.21+0.422%Vest731.24+0.426%Lighter RH731.31+0.435%Lighter731.34+0.439%Arcus731.42+0.450%
Aster
Bybit
BloFin
SunX
Binance
Hotstuff
Paradex
QFEX
Polymarket Perps
Popdex
Vest
Lighter RH
Lighter
ArcusMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.344% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| ApeX Omni METAUSDT | −0.300% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| edgeX METAUSDC | −0.191% | +0.0499% | 4h | $61K | $324K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.125% | +0.0271% | 1h | $43K | $47K | 10x | as long as short |
| Variational Omni META | −0.124% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Coinbase International META-PERP-INTX | −0.070% | +0.0048% | 1h | $632K | $5.9M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.066% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Gate META_USDT | −0.052% | 0.0000% | 8h | $346K | $3.9M | 100x | as long as short |
| Phoenix META | −0.027% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $104K | $270K | 30x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | +0.003% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Nado META-PERP | +0.019% | −0.0042% | 1h | $387K | $172K | 20x | as long as short |
| Bitget METAUSDT | +0.021% | 0.0000% | 8h | $5.2M | $7.8M | 100x | as long as short |
| KuCoin METAUSDTM | +0.023% | +0.0100% | 8h | $1.5M | $190K | 20x | as long as short |
| tradeXYZ xyz:META | +0.029% | +0.0050% | 1h | $66.2M | $53.8M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.030% | 0.0000% | 8h | $5.9M | $9.9M | 20x | as long as short |
| Aevo META-PERP | +0.031% | +0.0104% | 1h | $263 | — | 10x | as long as short |
| Extended META_24_5-USD | +0.034% | 0.0000% | 1h | $539K | $1.4M | 17x | as long as short |
| SoDEX META-USD | +0.036% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.036% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Orderly PERP_META_USDC_mythosshort | +0.047% | +0.0100% | 8h | $1K | — | 10x | |
| Aster METAUSDT | +0.047% | 0.0000% | 8h | $450K | $120K | 20x | as long as short |
| Bybit METAUSDT | +0.052% | 0.0000% | 8h | $7.5M | $9.1M | 100x | as long as short |
| BloFin META-USDT | +0.057% | −0.0120% | 8h | $326K | $630K | 20x | as long as short |
| SunX META-USDT | +0.063% | 0.0000% | 8h | $740 | $9.3M | 20x | as long as short |
| Binance METAUSDT | +0.064% | 0.0000% | 8h | $25.3M | $118.6M | 20x | as long as short |
| Hotstuff META-PERP | +0.068% | +0.0080% | 1h | $33K | $105 | 20x | as long as short |
| Paradex META-USD-PERP | +0.069% | +0.0051% | 8h | — | — | 5x | as long as short |
| QFEX META-USD | +0.073% | +0.0020% | 1h | $1.9M | $8.5M | 10x | as long as short |
| Polymarket Perps META-USD | +0.075% | +0.0050% | 1h | $664K | $481K | 10x | as long as short |
| Popdex METAUSDT | +0.077% | +0.0048% | 1h | $177K | $167K | 20x | as long as short |
| Vest META-USD-PERP | +0.081% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Lighter RH META | +0.090% | +0.0032% | 1h | $683K | $2.6M | 20x | as long as short |
| Lighter META | +0.094% | +0.0032% | 1h | $842K | $2.4M | 20x | as long as short |
| Arcus META-USD | +0.105% | +0.0325% | 1h | $272K | $292K | 10x | as long as short |