Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average+0.165%if it closes, per $10,000$3funding while held, a day−$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 741.88 | 0.0050 | pay 0.0006% / 1h | 3m 15s | $739K | $3.3M | 10x |
| Short | Aster METAUSDT | 742.08 | 0 | get 0.0000% / 8h | 6h 03m | $457K | $193K | 20x |
Ondo Perps META-USD.P
Aster METAUSDTPrice 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
- $2.73
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$11.79
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.51
- 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 Aster live order book, 1 min ago | 1.15 bp | 9.0 bp −$9 | 279.3 bp −$2,793 | doesn't fit | doesn't fit |
Ondo 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.Phoenix740.96cheapestApeX Omni741.06+0.013%edgeX741.40+0.059%Hotstuff741.53+0.077%Variational Omni741.60+0.086%Paradex741.82+0.116%
Phoenix
ApeX Omni
Hotstuff
Variational Omni
ParadexOndo Perps741.88+0.124%
Coinbase International741.94+0.132%KuCoin741.96+0.135%Aftermath Perps742.00+0.141%HTX742.01+0.142%
Coinbase International
KuCoin
HTXAster742.08+0.151%
Nado742.09+0.153%Gate742.10+0.154%Phemex742.10+0.154%Lighter RH742.14+0.159%Bitget742.15+0.161%SoDEX742.15+0.161%BloFin742.15+0.161%tradeXYZ742.18+0.165%Binance742.18+0.165%Deribit742.19+0.166%Bybit742.26+0.175%Aevo742.30+0.181%OKX742.32+0.184%Extended742.32+0.184%Orderly742.39+0.193%Polymarket Perps742.44+0.200%Popdex742.46+0.202%Lighter742.47+0.204%QFEX742.48+0.205%Arcus742.51+0.209%SunX742.54+0.213%Vest742.60+0.221%Injective743.22+0.305%
Nado
Gate
Phemex
Lighter RH
Bitget
SoDEX
BloFin
tradeXYZ
Binance
Deribit
Bybit
Aevo
OKX
Extended
Orderly
Polymarket Perps
Popdex
Lighter
QFEX
Arcus
SunX
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.124% | +0.0055% | 1h | $274K | $513K | 20x | as long as short |
| ApeX Omni METAUSDT | −0.111% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| edgeX METAUSDC | −0.065% | +0.0664% | 4h | $62K | $327K | 10x | as long as short |
| Hotstuff META-PERP | −0.047% | +0.0104% | 1h | $33K | $105 | 20x | as long as short |
| Variational Omni META | −0.038% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Paradex META-USD-PERP | −0.009% | +0.0051% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.Plong | 0.000% | +0.0050% | 1h | $739K | $3.3M | 10x | |
| Coinbase International META-PERP-INTX | +0.008% | +0.0048% | 1h | $646K | $6.3M | 10x | as long as short |
| KuCoin METAUSDTM | +0.011% | +0.0100% | 8h | $1.6M | $266K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.017% | +0.0288% | 1h | $44K | $45K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX META-USDT | +0.018% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| Aster METAUSDTshort | +0.027% | 0.0000% | 8h | $457K | $193K | 20x | |
| Nado META-PERP | +0.029% | +0.0004% | 1h | $393K | $173K | 20x | as long as short |
| Gate META_USDT | +0.030% | 0.0000% | 8h | $342K | $4.4M | 100x | as long as short |
| Phemex METAUSDT | +0.030% | 0.0000% | 4h | $2.0M | $5K | 10x | as long as short |
| Lighter RH META | +0.035% | +0.0032% | 1h | $707K | $2.8M | 20x | as long as short |
| Bitget METAUSDT | +0.036% | 0.0000% | 8h | $5.7M | $8.9M | 100x | as long as short |
| SoDEX META-USD | +0.036% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| BloFin META-USDT | +0.036% | −0.0022% | 8h | $332K | $928K | 20x | as long as short |
| tradeXYZ xyz:META | +0.040% | +0.0050% | 1h | $69.8M | $68.7M | 20x | as long as short |
| Binance METAUSDT | +0.040% | 0.0000% | 8h | $26.5M | $137.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.042% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Bybit METAUSDT | +0.051% | 0.0000% | 8h | $7.9M | $10.4M | 100x | as long as short |
| Aevo META-PERP | +0.056% | +0.0104% | 1h | $267 | — | 10x | as long as short |
| OKX META-USDT-SWAP | +0.059% | 0.0000% | 8h | $6.0M | $10.8M | 20x | as long as short |
| Extended META_24_5-USD | +0.059% | 0.0000% | 1h | $552K | $1.4M | 17x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.069% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Polymarket Perps META-USD | +0.075% | +0.0050% | 1h | $672K | $484K | 10x | as long as short |
| Popdex METAUSDT | +0.078% | +0.0048% | 1h | $172K | $183K | 20x | as long as short |
| Lighter META | +0.080% | +0.0072% | 1h | $856K | $2.5M | 20x | as long as short |
| QFEX META-USD | +0.081% | +0.0020% | 1h | $1.9M | $10.4M | 10x | as long as short |
| Arcus META-USD | +0.085% | +0.0325% | 1h | $270K | $302K | 10x | as long as short |
| SunX META-USDT | +0.089% | 0.0000% | 8h | $969 | $9.3M | 20x | as long as short |
| Vest META-USD-PERP | +0.097% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Injective META/USDC PERP | +0.181% | +0.0220% | 1h | $169K | $101K | 30x | as long as short |