Spread before costs (cost unknown: a leg has no order-book sample)−0.029%
7d average+0.061%if it closes, per $10,000$3funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 712.64 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $1.5M | $123K | 20x |
| Short | Variational Omni META | 712.43 | 0 | get 0.0000% / 8h | 1h 26m | $1.4M | $1.9M | — |
KuCoin METAUSDTM
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
- −$2.91
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.91
- Spread needed to break even
- 0.120%
Slippage unknown: KuCoin: live order book, 6 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 6 min ago | 6.61 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.46 bp | doesn't fit | 14.6 bp −$146 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni711.30cheapestedgeX711.95+0.091%SoDEX712.18+0.124%Deribit712.29+0.139%Gate712.31+0.142%
ApeX Omni
SoDEX
Deribit
GateVariational Omni712.43+0.159%
Extended712.44+0.160%OKX712.50+0.169%Phoenix712.51+0.170%Aevo712.52+0.172%tradeXYZ712.56+0.177%Bybit712.64+0.188%
Extended
OKX
Phoenix
Aevo
tradeXYZ
BybitKuCoin712.64+0.188%
Aftermath Perps712.66+0.191%Orderly712.66+0.191%Bitget712.69+0.195%QFEX712.72+0.200%Binance712.72+0.200%Ondo Perps712.75+0.204%HTX712.78+0.208%Coinbase International712.94+0.231%Vest712.98+0.236%SunX712.98+0.236%Arcus712.99+0.238%Popdex713.01+0.240%Polymarket Perps713.09+0.252%Nado713.11+0.254%Aster713.20+0.267%Paradex713.30+0.281%Lighter RH713.37+0.291%Lighter713.44+0.301%Hotstuff713.45+0.302%BloFin713.48+0.306%Phemex713.50+0.309%Injective713.75+0.344%
Orderly
Bitget
QFEX
Binance
Ondo Perps
HTX
Coinbase International
Vest
SunX
Arcus
Popdex
Polymarket Perps
Nado
Aster
Paradex
Lighter RH
Lighter
Hotstuff
BloFin
Phemex
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.188% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| edgeX METAUSDC | −0.097% | +0.0810% | 4h | $60K | $322K | 10x | as long as short |
| SoDEX META-USD | −0.065% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.049% | 0.0000% | 1h | $29K | $246K | 10x | as long as short |
| Gate META_USDT | −0.046% | 0.0000% | 8h | $396K | $2.9M | 100x | as long as short |
| Variational Omni METAshort | −0.029% | 0.0000% | 8h | $1.4M | $1.9M | — | |
| Extended META_24_5-USD | −0.029% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| OKX META-USDT-SWAP | −0.020% | 0.0000% | 8h | $6.1M | $6.8M | 20x | as long as short |
| Phoenix META | −0.018% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| Aevo META-PERP | −0.017% | +0.0104% | 1h | $257 | — | 10x | as long as short |