Spread before costs (cost unknown: a leg has no order-book sample)+0.087%
7d average—if it closes, per $10,000$9funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 737.48 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $1.5M | $208K | 20x |
| Short | Aevo META-PERP | 738.12 | 0.0104 | get 0.0013% / 1h | 27m 03s | $266 | — | 10x |
KuCoin METAUSDTM
Aevo 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
- $8.74
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$19.14
- Spread needed to break even
- 0.280%
Slippage unknown: KuCoin: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 KuCoin live order book, 5 min ago | 6.92 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Gate737.20cheapestBybit737.24+0.005%Phoenix737.29+0.012%tradeXYZ737.30+0.014%Binance737.35+0.020%Bitget737.42+0.030%OKX737.47+0.037%
Gate
Bybit
Phoenix
tradeXYZ
Binance
Bitget
OKXKuCoin737.48+0.038%
Hotstuff737.52+0.043%ApeX Omni737.54+0.046%Lighter RH737.56+0.049%Nado737.62+0.056%Variational Omni737.70+0.067%Ondo Perps737.74+0.073%Paradex737.78+0.078%Deribit737.80+0.081%SoDEX737.87+0.091%Aster737.91+0.096%Extended737.92+0.098%Aftermath Perps737.95+0.101%QFEX737.95+0.102%HTX737.96+0.103%Lighter737.99+0.107%BloFin737.99+0.107%Popdex738.02+0.111%Phemex738.04+0.114%Arcus738.05+0.115%edgeX738.10+0.123%Polymarket Perps738.11+0.123%SunX738.12+0.125%
Hotstuff
ApeX Omni
Lighter RH
Nado
Variational Omni
Ondo Perps
Paradex
Deribit
SoDEX
Aster
Extended
QFEX
HTX
Lighter
BloFin
Popdex
Phemex
Arcus
Polymarket Perps
SunXAevo738.12+0.125%
Orderly738.17+0.132%Coinbase International738.30+0.149%Vest738.42+0.165%Injective740.12+0.396%
Orderly
Coinbase International
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.038% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Bybit METAUSDT | −0.033% | 0.0000% | 8h | $7.6M | $9.7M | 100x | as long as short |
| Phoenix META | −0.026% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| tradeXYZ xyz:META | −0.024% | +0.0050% | 1h | $66.8M | $57.3M | 20x | as long as short |
| Binance METAUSDT | −0.018% | 0.0000% | 8h | $25.7M | $128.3M | 20x | as long as short |
| Bitget METAUSDT | −0.008% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.001% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.5M | $208K | 20x | |
| Hotstuff META-PERP | +0.005% | −0.0024% | 1h | $33K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | +0.008% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |