Spread before costs (cost unknown: a leg has no order-book sample)+0.202%
7d average+0.060%if it closes, per $10,000$20funding while held, a day−$1.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 711.12 | 0.0050 | pay 0.0006% / 1h | 30m 18s | $918K | $2.3M | 10x |
| Short | Bybit METAUSDT | 712.56 | 0.0017 | get 0.0017% / 8h | 1h 30m | $6.6M | $6.5M | 100x |
Ondo Perps META-USD.P
Bybit 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
- $20.25
- Funding while held
- −$1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $3.25
- Spread needed to break even
- 0.160%
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0033%
- Per $10,000 a day
- −$1.00
- 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 Bybit live order book, 4 min ago | 1.05 bp | 12.6 bp −$13 | 25.2 bp −$252 | 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.Ondo Perps711.12cheapest
Hotstuff711.56+0.062%BloFin711.65+0.075%Coinbase International711.87+0.105%tradeXYZ711.90+0.110%KuCoin711.97+0.120%Gate712.01+0.125%Vest712.03+0.128%Aster712.21+0.153%Nado712.29+0.165%Polymarket Perps712.34+0.172%SoDEX712.34+0.172%Deribit712.36+0.174%Aevo712.37+0.175%Paradex712.38+0.177%Orderly712.42+0.183%Variational Omni712.43+0.185%Aftermath Perps712.43+0.185%Extended712.47+0.190%Phoenix712.51+0.195%Lighter712.52+0.197%Lighter RH712.53+0.198%
Hotstuff
BloFin
Coinbase International
tradeXYZ
KuCoin
Gate
Vest
Aster
Nado
Polymarket Perps
SoDEX
Deribit
Aevo
Paradex
Orderly
Variational Omni
Extended
Phoenix
Lighter
Lighter RHBybit712.56+0.202%
OKX712.58+0.205%edgeX712.63+0.212%QFEX712.69+0.221%Arcus712.76+0.231%HTX712.78+0.233%Bitget712.79+0.235%Binance712.80+0.236%Phemex712.81+0.238%ApeX Omni712.89+0.249%Popdex712.92+0.253%SunX712.96+0.259%Injective713.75+0.370%
OKX
QFEX
Arcus
HTX
Bitget
Binance
Phemex
ApeX Omni
Popdex
SunX
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.Plong | 0.000% | +0.0050% | 1h | $918K | $2.3M | 10x | |
| Hotstuff META-PERP | +0.062% | −0.0208% | 1h | $32K | $105 | 20x | as long as short |
| BloFin META-USDT | +0.075% | −0.0101% | 8h | $342K | $417K | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.105% | +0.0080% | 1h | $682K | $4.3M | 10x | as long as short |
| tradeXYZ xyz:META | +0.110% | +0.0050% | 1h | $62.8M | $42.1M | 20x | as long as short |
| KuCoin METAUSDTM | +0.120% | +0.0100% | 8h | $1.5M | $121K | 20x | as long as short |
| Gate META_USDT | +0.125% | 0.0000% | 8h | $394K | $2.8M | 100x | as long as short |
| Vest META-USD-PERP | +0.128% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Aster METAUSDT | +0.153% | 0.0000% | 8h | $451K | $73K | 20x | as long as short |
| Nado META-PERP | +0.165% | +0.0035% | 1h | $442K | $69K | 20x | as long as short |