Spread before costs (cost unknown: a leg has no order-book sample)−0.414%
7d average−0.017%if it closes, per $10,000$41funding while held, a day−$0.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH META | 713.28 | 0.0032 | pay 0.0004% / 1h | 31m 40s | $667K | $2.4M | 20x |
| Short | Variational Omni META | 710.33 | 0 | get 0.0000% / 8h | 31m 40s | $1.4M | $1.9M | — |
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
- −$41.39
- Funding while held
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.35
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter RH: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 RH live order book, 3 min ago | 2.17 bp | 2.3 bp −$2 | 5.6 bp −$56 | 39.5 bp −$3,952 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.47 bp | doesn't fit | 17.4 bp −$174 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni METAshort | −0.414% | 0.0000% | 8h | $1.4M | $1.9M | — | |
| Phoenix META | −0.379% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| edgeX METAUSDC | −0.292% | +0.0875% | 4h | $60K | $324K | 10x | as long as short |
| Injective META/USDC PERP | −0.205% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.184% | +0.0056% | 1h | $644K | $4.9M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.163% | +0.0242% | 1h | $43K | $48K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.161% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.130% | +0.0050% | 1h | $845K | $2.6M | 10x | as long as short |
| Hotstuff META-PERP | −0.095% | +0.0072% | 1h | $32K | $105 | 20x | as long as short |
| Nado META-PERP | −0.085% | +0.0016% | 1h | $442K | $87K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | −0.080% | −0.0011% | 4h | $1.9M | $5K | 10x | as long as short |
| KuCoin METAUSDTM | −0.066% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| HTX META-USDT | −0.066% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| QFEX META-USD | −0.062% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| BloFin META-USDT | −0.062% | −0.0120% | 8h | $341K | $470K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| Popdex METAUSDT | −0.055% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| SoDEX META-USD | −0.049% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Gate META_USDT | −0.046% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
| tradeXYZ xyz:META | −0.045% | +0.0050% | 1h | $61.7M | $46.6M | 20x | as long as short |
| Aevo META-PERP | −0.045% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.042% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Vest META-USD-PERP | −0.035% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Polymarket Perps META-USD | −0.034% | +0.0050% | 1h | $648K | $463K | 10x | as long as short |
| Arcus META-USD | −0.031% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| Bybit METAUSDT | −0.024% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Paradex META-USD-PERP | −0.021% | +0.0052% | 8h | — | — | 5x | as long as short |
| SunX META-USDT | −0.014% | 0.0000% | 8h | $825 | $8.2M | 20x | as long as short |
| Binance METAUSDT | −0.003% | 0.0000% | 8h | $25.3M | $93.4M | 20x | as long as short |
| Extended META_24_5-USD | −0.002% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Lighter RH METAlong | 0.000% | +0.0032% | 1h | $667K | $2.4M | 20x | |
| Bitget METAUSDT | +0.003% | 0.0000% | 8h | $4.9M | $5.9M | 100x | as long as short |
| Lighter META | +0.004% | +0.0032% | 1h | $686K | $2.1M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.006% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Aster METAUSDT | +0.008% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |
Lighter RH META
Variational Omni META
Phoenix
Injective
Coinbase International
ApeX Omni
Phemex
KuCoin
HTX
BloFin
Deribit
Popdex
SoDEX
Gate
tradeXYZ
Polymarket Perps
Bybit
Paradex
SunX
Binance
Extended
Bitget
Lighter
OKX
Aster