Spread before costs (cost unknown: a leg has no order-book sample)+0.036%
7d average—if it closes, per $10,000$4funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 712.81 | 0 | get 0.0000% / 8h | 31m 05s | $101K | $265K | 30x |
| Short | SoDEX META-USD | 713.07 | 0.0050 | get 0.0006% / 1h | 31m 05s | $24K | $3K | 10x |
HTX META-USDT
SoDEX META-USDPrice 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
- $3.65
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$14.85
- Spread needed to break even
- 0.200%
Slippage unknown: HTX: live order book, 17 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 17 min ago | 3.25 bp | 11.5 bp −$11 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Variational Omni710.33cheapestInjective711.82+0.210%Coinbase International711.97+0.231%Ondo Perps712.35+0.285%Aftermath Perps712.45+0.299%edgeX712.72+0.337%Gate712.79+0.347%Phoenix712.79+0.347%KuCoin712.81+0.349%ApeX Omni712.81+0.349%
Variational Omni
Injective
Coinbase International
Ondo Perps
Gate
Phoenix
KuCoin
ApeX OmniHTX712.81+0.349%
Hotstuff712.97+0.372%Bybit713.03+0.380%Orderly713.03+0.380%OKX713.06+0.385%Arcus713.06+0.385%
Hotstuff
Bybit
Orderly
OKX
ArcusSoDEX713.07+0.386%
Deribit713.08+0.387%tradeXYZ713.10+0.390%QFEX713.11+0.392%Aevo713.11+0.392%Paradex713.13+0.394%Phemex713.14+0.396%Extended713.14+0.397%Bitget713.15+0.397%Nado713.19+0.403%Popdex713.23+0.409%Lighter RH713.25+0.411%BloFin713.27+0.414%Binance713.27+0.414%Vest713.29+0.417%Lighter713.33+0.423%Aster713.34+0.424%Polymarket Perps713.35+0.426%SunX713.38+0.430%
Deribit
tradeXYZ
QFEX
Aevo
Paradex
Phemex
Extended
Bitget
Nado
Popdex
Lighter RH
BloFin
Binance
Vest
Lighter
Aster
Polymarket Perps
SunXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.348% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Injective META/USDC PERP | −0.139% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.118% | +0.0056% | 1h | $644K | $4.9M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.065% | +0.0050% | 1h | $851K | $2.6M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.050% | +0.0247% | 1h | $43K | $48K | 10x | as long as short |
| edgeX METAUSDC | −0.012% | +0.0123% | 4h | $60K | $325K | 10x | as long as short |
| Gate META_USDT | −0.003% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
| Phoenix META | −0.003% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| KuCoin METAUSDTM | 0.000% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| ApeX Omni METAUSDT | 0.000% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $101K | $265K | 30x | |
| Hotstuff META-PERP | +0.022% | −0.0088% | 1h | $32K | $105 | 20x | as long as short |
| Bybit METAUSDT | +0.031% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.031% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| OKX META-USDT-SWAP | +0.035% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Arcus META-USD | +0.035% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| SoDEX META-USDshort | +0.036% | +0.0050% | 1h | $24K | $3K | 10x | |
| Deribit META_USDC-PERPETUAL | +0.038% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| tradeXYZ xyz:META | +0.041% | +0.0050% | 1h | $61.8M | $46.6M | 20x | as long as short |
| QFEX META-USD | +0.042% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| Aevo META-PERP | +0.043% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Paradex META-USD-PERP | +0.045% | +0.0052% | 8h | — | — | 5x | as long as short |
| Phemex METAUSDT | +0.046% | −0.0001% | 4h | $1.9M | $5K | 10x | as long as short |
| Extended META_24_5-USD | +0.047% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Bitget METAUSDT | +0.048% | 0.0000% | 8h | $4.9M | $5.9M | 100x | as long as short |
| Nado META-PERP | +0.053% | +0.0016% | 1h | $442K | $87K | 20x | as long as short |
| Popdex METAUSDT | +0.059% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| Lighter RH META | +0.062% | +0.0032% | 1h | $667K | $2.4M | 20x | as long as short |
| BloFin META-USDT | +0.065% | −0.0120% | 8h | $341K | $471K | 20x | as long as short |
| Binance METAUSDT | +0.065% | 0.0000% | 8h | $25.3M | $93.5M | 20x | as long as short |
| Vest META-USD-PERP | +0.067% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Lighter META | +0.073% | +0.0032% | 1h | $687K | $2.1M | 20x | as long as short |
| Aster METAUSDT | +0.074% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |
| Polymarket Perps META-USD | +0.076% | +0.0050% | 1h | $649K | $463K | 10x | as long as short |
| SunX META-USDT | +0.080% | 0.0000% | 8h | $781 | $8.2M | 20x | as long as short |