Spread before costs (cost unknown: a leg has no order-book sample)−0.012%
7d average—if it closes, per $10,000$1funding while held, a day+$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter META | 725.86 | 0.0032 | pay 0.0004% / 1h | 40m 20s | $698K | $2.2M | 20x |
| Short | Aevo META-PERP | 725.77 | 0.0104 | get 0.0013% / 1h | 40m 20s | $261 | — | 10x |
Lighter META
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
- −$1.24
- Funding while held
- $2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$15.08
- Spread needed to break even
- 0.160%
Slippage unknown: Lighter: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0072%
- Per $10,000 a day
- +$2.16
- 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 Lighter live order book, 3 min ago | 0.83 bp | 3.0 bp −$3 | 5.5 bp −$55 | 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.Coinbase International725.34cheapestHTX725.43+0.012%Phoenix725.65+0.043%KuCoin725.66+0.044%Deribit725.69+0.048%Nado725.71+0.052%OKX725.72+0.052%
Coinbase International
HTX
Phoenix
KuCoin
Deribit
Nado
OKXAevo725.77+0.059%
Aftermath Perps725.79+0.062%Bybit725.79+0.062%Extended725.80+0.064%SoDEX725.81+0.065%Gate725.82+0.066%
Bybit
Extended
SoDEX
GateLighter725.86+0.072%
Lighter RH725.88+0.074%Aster725.89+0.076%Orderly725.91+0.079%Paradex725.92+0.081%Ondo Perps725.95+0.084%SunX725.96+0.085%Binance726.00+0.091%tradeXYZ726.03+0.095%Phemex726.10+0.105%ApeX Omni726.14+0.110%Bitget726.15+0.112%Variational Omni726.15+0.112%Hotstuff726.18+0.116%QFEX726.19+0.117%Arcus726.21+0.120%Vest726.24+0.124%Popdex726.26+0.127%Polymarket Perps726.33+0.136%BloFin726.49+0.159%edgeX726.57+0.169%Injective726.96+0.223%
Lighter RH
Aster
Orderly
Paradex
Ondo Perps
SunX
Binance
tradeXYZ
Phemex
ApeX Omni
Bitget
Variational Omni
Hotstuff
QFEX
Arcus
Vest
Popdex
Polymarket Perps
BloFin
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International META-PERP-INTX | −0.072% | +0.0040% | 1h | $699K | $5.6M | 10x | as long as short |
| HTX META-USDT | −0.059% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Phoenix META | −0.029% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| KuCoin METAUSDTM | −0.028% | +0.0100% | 8h | $1.4M | $185K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.023% | 0.0000% | 1h | $28K | $260K | 10x | as long as short |
| Nado META-PERP | −0.020% | +0.0023% | 1h | $393K | $121K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.019% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| Aevo META-PERPshort | −0.012% | +0.0104% | 1h | $261 | — | 10x | |
| Aftermath Perps METAUSD | −0.010% | +0.0236% | 1h | $44K | $47K | 10x | as long as short |
| Bybit METAUSDT | −0.010% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |