Spread before costs (cost unknown: a leg has no order-book sample)−0.117%
7d average—if it closes, per $10,000$12funding while held, a day+$5.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 726.12 | 0.0050 | pay 0.0006% / 1h | 42m 26s | $847K | $2.8M | 10x |
| Short | Aftermath Perps METAUSD | 725.27 | 0.0230 | get 0.0029% / 1h | 42m 26s | $44K | $47K | 10x |
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
- −$11.66
- Funding while held
- $5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$20.28
- Spread needed to break even
- 0.140%
Slippage unknown: Ondo Perps: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0179%
- Per $10,000 a day
- +$5.38
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Ondo Perps and Aftermath Perps: 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.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.219% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| edgeX METAUSDC | −0.154% | +0.0879% | 4h | $61K | $325K | 10x | as long as short |
| Aftermath Perps METAUSDshort | −0.117% | +0.0230% | 1h | $44K | $47K | 10x | |
| Phoenix META | −0.065% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| KuCoin METAUSDTM | −0.055% | +0.0100% | 8h | $1.4M | $185K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.050% | +0.0040% | 1h | $700K | $5.5M | 10x | as long as short |
| Aster METAUSDT | −0.039% | 0.0000% | 8h | $446K | $94K | 20x | as long as short |
| Variational Omni META | −0.038% | 0.0000% | 8h | $1.3M | $2.1M | — | as long as short |
| Gate META_USDT | −0.028% | 0.0000% | 8h | $370K | $3.6M | 100x | as long as short |
| Hotstuff META-PERP | −0.025% | −0.0016% | 1h | $32K | $105 | 20x | as long as short |
ApeX Omni
Phoenix
KuCoin
Coinbase International
Aster
Variational Omni
Gate
Lighter
Lighter RH
Paradex
tradeXYZ
Bybit
Bitget
Deribit
Extended
SoDEX
Binance
Popdex
Polymarket Perps
SunX
Phemex
OKX
HTX
BloFin
Injective