Spread before costs (cost unknown: a leg has no order-book sample)−0.261%
7d average−0.341%if it closes, per $10,000$26funding while held, a day−$6.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 725.06 | 0.0220 | pay 0.0028% / 1h | 48m 43s | $165K | $135K | 30x |
| Short | Variational Omni META | 723.17 | 0 | get 0.0000% / 8h | 7h 48m | $1.3M | $2.1M | — |
Injective META/USDC PERP
Variational Omni METAPrice 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
- −$26.12
- Funding while held
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$32.74
- Spread needed to break even
- 0.000%
Slippage unknown: Injective: live order book, 62 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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, 62 min ago | 19.07 bp | 19.1 bp −$19 | 9886.1 bp −$98.9K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.62 bp | doesn't fit | 11.4 bp −$114 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni722.41cheapestOndo Perps722.73+0.044%Aftermath Perps722.86+0.062%edgeX722.96+0.076%SoDEX723.03+0.086%Nado723.09+0.094%
ApeX Omni
Ondo Perps
SoDEX
NadoVariational Omni723.17+0.105%
QFEX723.22+0.112%Phoenix723.24+0.115%Popdex723.26+0.118%Hotstuff723.32+0.126%Aevo723.42+0.140%Aster723.45+0.144%Vest723.48+0.148%HTX723.48+0.148%Polymarket Perps723.49+0.149%KuCoin723.58+0.162%Orderly723.59+0.163%Phemex723.59+0.163%Coinbase International723.61+0.166%Gate723.67+0.174%Deribit723.75+0.185%Bitget723.81+0.194%BloFin723.82+0.195%tradeXYZ723.95+0.213%Binance723.96+0.214%Bybit724.00+0.220%SunX724.00+0.220%Paradex724.01+0.222%Extended724.02+0.223%Lighter724.04+0.226%Lighter RH724.11+0.235%OKX724.23+0.252%Arcus724.35+0.269%
QFEX
Phoenix
Popdex
Hotstuff
Aevo
Aster
Vest
HTX
Polymarket Perps
KuCoin
Orderly
Phemex
Coinbase International
Gate
Deribit
Bitget
BloFin
tradeXYZ
Binance
Bybit
SunX
Paradex
Extended
Lighter
Lighter RH
OKX
ArcusInjective725.06+0.367%
META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.365% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.321% | +0.0050% | 1h | $845K | $2.7M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.304% | +0.0222% | 1h | $43K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.289% | +0.0907% | 4h | $61K | $324K | 10x | as long as short |
| SoDEX META-USD | −0.280% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Nado META-PERP | −0.271% | +0.0025% | 1h | $392K | $120K | 20x | as long as short |
| Variational Omni METAshort | −0.261% | 0.0000% | 8h | $1.3M | $2.1M | — | |
| QFEX META-USD | −0.254% | +0.0016% | 1h | $1.8M | $7.1M | 10x | as long as short |
| Phoenix META | −0.251% | +0.0100% | 1h | $281K | $361K | 20x | as long as short |
| Popdex METAUSDT | −0.248% | +0.0048% | 1h | $172K | $160K | 20x | as long as short |