Spread before costs (cost unknown: a leg has no order-book sample)−0.022%
7d average−0.023%if it closes, per $10,000$2funding while held, a day−$0.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 734.16 | 0.0050 | pay 0.0006% / 1h | 43m 48s | $759K | $3.0M | 10x |
| Short | Coinbase International META-PERP-INTX | 734.00 | 0.0048 | get 0.0006% / 1h | 43m 48s | $644K | $6.0M | 10x |
Ondo Perps META-USD.P
Coinbase International META-PERP-INTXPrice 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
- −$2.18
- Funding while held
- −$0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.25
- Spread needed to break even
- 0.150%
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.07
- 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 Coinbase International live order book, 2 min ago | 1.91 bp | 7.7 bp −$8 | 11.4 bp −$114 | 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.Injective732.81cheapestPhoenix733.54+0.100%tradeXYZ733.83+0.139%Gate733.95+0.156%
Injective
Phoenix
tradeXYZ
GateCoinbase International734.00+0.162%
Aftermath Perps734.04+0.168%OKX734.08+0.173%Nado734.11+0.177%edgeX734.12+0.179%QFEX734.14+0.181%HTX734.15+0.183%
OKX
Nado
QFEX
HTXOndo Perps734.16+0.184%
Binance734.18+0.187%Bitget734.18+0.187%KuCoin734.20+0.190%Popdex734.25+0.197%Arcus734.26+0.198%Polymarket Perps734.30+0.203%Bybit734.33+0.207%Phemex734.33+0.207%Paradex734.34+0.209%Deribit734.34+0.209%Aevo734.38+0.215%Lighter RH734.47+0.227%SoDEX734.47+0.227%Extended734.49+0.229%Lighter734.54+0.236%Orderly734.59+0.243%ApeX Omni734.61+0.246%Aster734.63+0.248%Vest734.65+0.251%SunX734.65+0.251%Variational Omni734.78+0.268%Hotstuff734.90+0.285%BloFin734.93+0.289%
Binance
Bitget
KuCoin
Popdex
Arcus
Polymarket Perps
Bybit
Phemex
Paradex
Deribit
Aevo
Lighter RH
SoDEX
Extended
Lighter
Orderly
ApeX Omni
Aster
Vest
SunX
Variational Omni
Hotstuff
BloFinMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.184% | +0.0220% | 1h | $167K | $101K | 30x | as long as short |
| Phoenix META | −0.084% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| tradeXYZ xyz:META | −0.045% | +0.0050% | 1h | $66.8M | $55.2M | 20x | as long as short |
| Gate META_USDT | −0.029% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Coinbase International META-PERP-INTXshort | −0.022% | +0.0048% | 1h | $644K | $6.0M | 10x | |
| Aftermath Perps METAUSD | −0.016% | +0.0272% | 1h | $44K | $47K | 10x | as long as short |
| OKX META-USDT-SWAP | −0.011% | 0.0000% | 8h | $5.9M | $10.0M | 20x | as long as short |
| Nado META-PERP | −0.007% | +0.0014% | 1h | $389K | $172K | 20x | as long as short |
| edgeX METAUSDC | −0.005% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| QFEX META-USD | −0.003% | +0.0020% | 1h | $1.8M | $8.9M | 10x | as long as short |