After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.015%7d average−0.063%fees + slippage, in and out−$38spread needed0.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX META-USDT-SWAP | 713.20 | 0 | get 0.0000% / 8h | 1h 26m | $6.1M | $6.8M | 20x |
| Short | Polymarket Perps META-USD | 713.09 | 0.0050 | get 0.0006% / 1h | 26m 36s | $648K | $465K | 10x |
OKX META-USDT-SWAP
Polymarket Perps META-USDPrice 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
- −$1.54
- Funding while held
- $1.5
- Slippage, 4 orders
- −$19.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.82
- Spread needed to break even
- 0.378%
Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 OKX live order book, 3 min ago | 1.97 bp | 11.1 bp −$11 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 28 min ago | 3.14 bp | 9.2 bp −$9 | 11.7 bp −$117 | 15.0 bp −$1,500 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni711.30cheapestedgeX711.95+0.091%Aftermath Perps712.38+0.152%Variational Omni712.43+0.159%Phoenix712.51+0.170%QFEX712.72+0.200%Ondo Perps712.75+0.204%HTX712.78+0.208%Deribit712.81+0.212%Aevo712.93+0.228%Coinbase International712.94+0.231%SoDEX712.95+0.232%Vest712.98+0.236%Arcus712.99+0.238%Orderly712.99+0.238%Popdex713.01+0.240%Binance713.02+0.242%
ApeX Omni
Variational Omni
Phoenix
QFEX
Ondo Perps
HTX
Deribit
Aevo
Coinbase International
SoDEX
Vest
Arcus
Orderly
Popdex
BinancePolymarket Perps713.09+0.252%
Nado713.11+0.254%Extended713.13+0.258%tradeXYZ713.17+0.263%Bybit713.17+0.263%
Nado
Extended
tradeXYZ
BybitOKX713.20+0.267%
Bitget713.20+0.267%Gate713.22+0.270%Paradex713.30+0.281%Aster713.34+0.287%Lighter RH713.37+0.291%KuCoin713.42+0.298%Lighter713.44+0.301%Hotstuff713.45+0.302%BloFin713.48+0.306%SunX713.49+0.308%Phemex713.50+0.309%Injective713.75+0.344%
Bitget
Gate
Paradex
Aster
Lighter RH
KuCoin
Lighter
Hotstuff
BloFin
SunX
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 | −0.266% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| edgeX METAUSDC | −0.176% | +0.0810% | 4h | $60K | $322K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.115% | +0.0254% | 1h | $43K | $48K | 10x | as long as short |
| Variational Omni META | −0.108% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | −0.097% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| QFEX META-USD | −0.067% | +0.0033% | 1h | $1.8M | $5.3M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.063% | +0.0050% | 1h | $917K | $2.3M | 10x | as long as short |
| HTX META-USDT | −0.059% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.055% | 0.0000% | 1h | $29K | $246K | 10x | as long as short |
| Aevo META-PERP | −0.039% | +0.0104% | 1h | $257 | — | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International META-PERP-INTX | −0.036% | +0.0080% | 1h | $696K | $4.4M | 10x | as long as short |
| SoDEX META-USD | −0.035% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Vest META-USD-PERP | −0.031% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Arcus META-USD | −0.029% | +0.0356% | 1h | $283K | $242K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.029% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Popdex METAUSDT | −0.027% | +0.0048% | 1h | $164K | $148K | 20x | as long as short |
| Binance METAUSDT | −0.025% | +0.0018% | 8h | $25.8M | $78.7M | 20x | as long as short |
| Polymarket Perps META-USDshort | −0.015% | +0.0050% | 1h | $648K | $465K | 10x | |
| Nado META-PERP | −0.013% | +0.0033% | 1h | $442K | $69K | 20x | as long as short |
| Extended META_24_5-USD | −0.009% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| tradeXYZ xyz:META | −0.004% | +0.0050% | 1h | $62.8M | $42.6M | 20x | as long as short |
| Bybit METAUSDT | −0.004% | +0.0009% | 8h | $6.6M | $6.5M | 100x | as long as short |
| OKX META-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $6.1M | $6.8M | 20x | |
| Bitget METAUSDT | 0.000% | 0.0000% | 8h | $4.9M | $5.7M | 100x | as long as short |
| Gate META_USDT | +0.003% | 0.0000% | 8h | $396K | $2.9M | 100x | as long as short |
| Paradex META-USD-PERP | +0.014% | +0.0055% | 8h | — | — | 5x | as long as short |
| Aster METAUSDT | +0.020% | 0.0000% | 8h | $452K | $78K | 20x | as long as short |
| Lighter RH META | +0.024% | +0.0032% | 1h | $764K | $2.3M | 20x | as long as short |
| KuCoin METAUSDTM | +0.031% | +0.0100% | 8h | $1.5M | $123K | 20x | as long as short |
| Lighter META | +0.034% | +0.0032% | 1h | $705K | $2.0M | 20x | as long as short |
| Hotstuff META-PERP | +0.035% | +0.0272% | 1h | $32K | $105 | 20x | as long as short |
| BloFin META-USDT | +0.039% | −0.0102% | 8h | $344K | $422K | 20x | as long as short |
| SunX META-USDT | +0.041% | 0.0000% | 8h | $802 | $6.6M | 20x | as long as short |
| Phemex METAUSDT | +0.042% | −0.0170% | 4h | $1.9M | $4K | 10x | as long as short |
| Injective META/USDC PERP | +0.077% | +0.0147% | 1h | $162K | $164K | 30x | as long as short |