Spread before costs (cost unknown: a leg has no order-book sample)+0.117%
7d average—if it closes, per $10,000$12funding while held, a day−$9.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 742.83 | 0.0220 | pay 0.0028% / 1h | 15m 22s | $169K | $101K | 30x |
| Short | Hotstuff META-PERP | 743.70 | −0.0096 | pay 0.0012% / 1h | 15m 22s | $33K | $105 | 20x |
Injective META/USDC PERP
Hotstuff META-PERPPrice 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
- $11.71
- Funding while held
- −$9.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$2.79
- Spread needed to break even
- 0.050%
Slippage unknown: Injective: live order book, 25 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0316%
- Per $10,000 a day
- −$9.48
- 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 Injective live order book, 25 min ago | 17.70 bp | 17.7 bp −$18 | 9883.1 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 Omni739.83cheapestPhoenix740.75+0.124%edgeX740.92+0.148%Aftermath Perps741.00+0.158%Variational Omni741.42+0.215%
ApeX Omni
Phoenix
Variational OmniInjective742.83+0.405%
Gate742.94+0.420%Ondo Perps743.16+0.450%Nado743.42+0.486%tradeXYZ743.51+0.497%KuCoin743.52+0.499%HTX743.59+0.508%Bitget743.60+0.510%Binance743.62+0.512%Bybit743.62+0.512%Deribit743.62+0.512%Extended743.64+0.515%Aster743.64+0.515%OKX743.64+0.515%Aevo743.69+0.522%
Gate
Ondo Perps
Nado
tradeXYZ
KuCoin
HTX
Bitget
Binance
Bybit
Deribit
Extended
Aster
OKX
AevoHotstuff743.70+0.523%
Polymarket Perps743.70+0.523%SoDEX743.76+0.531%QFEX743.80+0.537%Paradex743.82+0.539%Orderly743.82+0.539%Arcus743.92+0.553%BloFin743.92+0.553%Coinbase International743.93+0.554%Popdex743.94+0.556%Vest743.97+0.560%Phemex743.99+0.562%Lighter RH744.00+0.564%SunX744.05+0.570%Lighter744.20+0.591%
Polymarket Perps
SoDEX
QFEX
Paradex
Orderly
Arcus
BloFin
Coinbase International
Popdex
Vest
Phemex
Lighter RH
SunX
LighterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.404% | +0.0100% | 1h | $136K | $57K | 50x | as long as short |
| Phoenix META | −0.280% | +0.0055% | 1h | $274K | $513K | 20x | as long as short |
| edgeX METAUSDC | −0.256% | +0.0178% | 4h | $62K | $328K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.247% | +0.0286% | 1h | $44K | $45K | 10x | as long as short |
| Variational Omni META | −0.189% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Injective META/USDC PERPlong | 0.000% | +0.0220% | 1h | $169K | $101K | 30x | |
| Gate META_USDT | +0.015% | 0.0000% | 8h | $347K | $4.2M | 100x | as long as short |
| Ondo Perps META-USD.P | +0.044% | +0.0050% | 1h | $776K | $3.2M | 10x | as long as short |
| Nado META-PERP | +0.080% | +0.0013% | 1h | $393K | $173K | 20x | as long as short |
| tradeXYZ xyz:META | +0.092% | +0.0050% | 1h | $68.1M | $58.9M | 20x | as long as short |