Spread before costs (cost unknown: a leg has no order-book sample)−0.280%
7d average−0.416%if it closes, per $10,000$28funding while held, a day−$5.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 743.78 | 0.0220 | pay 0.0028% / 1h | 48m 06s | $169K | $76K | 30x |
| Short | Ondo Perps META-USD.P | 741.70 | 0.0050 | get 0.0006% / 1h | 48m 06s | $737K | $3.3M | 10x |
Price 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
- −$27.97
- Funding while held
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$38.07
- Spread needed to break even
- 0.050%
Slippage unknown: Injective: live order book, 52 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0170%
- Per $10,000 a day
- −$5.09
- 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, 52 min ago | 17.70 bp | 17.7 bp −$18 | 9883.1 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo 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.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.Pshort | −0.280% | +0.0050% | 1h | $737K | $3.3M | 10x | |
| HTX META-USDT | −0.247% | 0.0000% | 8h | $105K | $279K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.245% | +0.0048% | 1h | $633K | $6.3M | 10x | as long as short |
| Hotstuff META-PERP | −0.242% | +0.0096% | 1h | $33K | $105 | 20x | as long as short |
| QFEX META-USD | −0.241% | +0.0026% | 1h | $2.0M | $10.9M | 10x | as long as short |
| Arcus META-USD | −0.238% | +0.0478% | 1h | $269K | $302K | 10x | as long as short |
| KuCoin METAUSDTM | −0.234% | +0.0100% | 8h | $1.6M | $274K | 20x | as long as short |
| Popdex METAUSDT | −0.231% | +0.0048% | 1h | $172K | $185K | 20x | as long as short |
| Paradex META-USD-PERP | −0.231% | +0.0051% | 8h | — | — | 5x | as long as short |
| Variational Omni META | −0.228% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.228% | −0.0019% | 1h | $392K | $173K | 20x | as long as short |
| Gate META_USDT | −0.225% | 0.0000% | 8h | $341K | $4.5M | 100x | as long as short |
| Extended META_24_5-USD | −0.224% | 0.0000% | 1h | $550K | $1.4M | 17x | as long as short |
| BloFin META-USDT | −0.222% | +0.0027% | 8h | $331K | $957K | 20x | as long as short |
| SunX META-USDT | −0.219% | 0.0000% | 8h | $888 | $9.4M | 20x | as long as short |
| Aster METAUSDT | −0.213% | 0.0000% | 8h | $389K | $265K | 20x | as long as short |
| Aevo META-PERP | −0.213% | +0.0104% | 1h | $267 | — | 10x | as long as short |
| Polymarket Perps META-USD | −0.203% | +0.0050% | 1h | $671K | $520K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.200% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.195% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Binance METAUSDT | −0.192% | 0.0000% | 8h | $26.8M | $142.2M | 20x | as long as short |
| Phoenix META | −0.187% | 0.0000% | 1h | $274K | $618K | 20x | as long as short |
| tradeXYZ xyz:META | −0.183% | +0.0050% | 1h | $71.3M | $73.5M | 20x | as long as short |
| Bybit METAUSDT | −0.183% | 0.0000% | 8h | $7.9M | $10.7M | 100x | as long as short |
| Bitget METAUSDT | −0.171% | 0.0000% | 8h | $5.7M | $9.0M | 100x | as long as short |
| Lighter META | −0.160% | +0.0032% | 1h | $855K | $2.4M | 20x | as long as short |
| edgeX METAUSDC | −0.156% | +0.0209% | 4h | $62K | $327K | 10x | as long as short |
| SoDEX META-USD | −0.152% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.145% | +0.0298% | 1h | $44K | $46K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.143% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Vest META-USD-PERP | −0.138% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Lighter RH META | −0.126% | +0.0032% | 1h | $696K | $2.8M | 20x | as long as short |
| OKX META-USDT-SWAP | −0.124% | 0.0000% | 8h | $5.9M | $11.2M | 20x | as long as short |
| Phemex METAUSDT | −0.122% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| Injective META/USDC PERPlong | 0.000% | +0.0220% | 1h | $169K | $76K | 30x |
Injective META/USDC PERP
HTX
Coinbase International
KuCoin
Popdex
Paradex
Variational Omni
Gate
Extended
BloFin
SunX
Aster
Polymarket Perps
ApeX Omni
Binance
Phoenix
tradeXYZ
Bybit
Bitget
Lighter
SoDEX
Deribit
Lighter RH
OKX
Phemex