Spread before costs (cost unknown: a leg has no order-book sample)−0.106%
7d average+0.422%if it closes, per $10,000$11funding while held, a day+$5.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 733.59 | 0.0050 | pay 0.0006% / 1h | 46m 55s | $746K | $3.0M | 10x |
| Short | Injective META/USDC PERP | 732.81 | 0.0220 | get 0.0028% / 1h | 46m 55s | $167K | $101K | 30x |
Ondo Perps META-USD.P
Injective META/USDC PERPPrice 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
- −$10.63
- Funding while held
- $5.09
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$10.56
- Spread needed to break even
- 0.050%
Slippage unknown: Ondo Perps: no order-book sample; Injective: live order book, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0170%
- Per $10,000 a day
- +$5.09
- 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 Injective live order book, 59 min ago | 19.17 bp | 34.9 bp −$35 | doesn't fit | 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.Variational Omni732.45cheapest
Variational OmniInjective732.81+0.049%
Aftermath Perps733.06+0.083%Phoenix733.54+0.149%
PhoenixOndo Perps733.59+0.156%
ApeX Omni733.68+0.168%Coinbase International733.77+0.180%Nado734.08+0.223%edgeX734.12+0.229%Paradex734.21+0.240%Phemex734.23+0.243%Hotstuff734.27+0.249%QFEX734.47+0.276%Popdex734.49+0.279%KuCoin734.62+0.297%Gate734.64+0.299%Bybit734.66+0.302%HTX734.66+0.302%OKX734.67+0.303%Polymarket Perps734.74+0.313%Binance734.76+0.316%Aster734.81+0.322%Aevo734.87+0.331%tradeXYZ734.95+0.342%SunX734.95+0.342%Vest734.97+0.344%Lighter RH734.99+0.347%BloFin734.99+0.347%Deribit735.00+0.348%Orderly735.02+0.351%Bitget735.08+0.359%Arcus735.09+0.361%SoDEX735.09+0.361%Extended735.13+0.367%Lighter735.18+0.373%
ApeX Omni
Coinbase International
Nado
Paradex
Phemex
Hotstuff
QFEX
Popdex
KuCoin
Gate
Bybit
HTX
OKX
Polymarket Perps
Binance
Aster
Aevo
tradeXYZ
SunX
Vest
Lighter RH
BloFin
Deribit
Orderly
Bitget
Arcus
SoDEX
Extended
LighterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.156% | 0.0000% | 8h | $1.4M | $2.2M | — | as long as short |
| Injective META/USDC PERPshort | −0.106% | +0.0220% | 1h | $167K | $101K | 30x | |
| Aftermath Perps METAUSD | −0.073% | +0.0268% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.007% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Ondo Perps META-USD.Plong | 0.000% | +0.0050% | 1h | $746K | $3.0M | 10x | |
| ApeX Omni METAUSDT | +0.012% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| Coinbase International META-PERP-INTX | +0.025% | +0.0048% | 1h | $640K | $6.0M | 10x | as long as short |
| Nado META-PERP | +0.067% | +0.0001% | 1h | $389K | $172K | 20x | as long as short |
| edgeX METAUSDC | +0.073% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| Paradex META-USD-PERP | +0.084% | +0.0051% | 8h | — | — | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | +0.087% | −0.0056% | 4h | $1.9M | $5K | 10x | as long as short |
| Hotstuff META-PERP | +0.093% | +0.0024% | 1h | $33K | $105 | 20x | as long as short |
| QFEX META-USD | +0.120% | +0.0020% | 1h | $1.8M | $8.8M | 10x | as long as short |
| Popdex METAUSDT | +0.123% | +0.0048% | 1h | $178K | $168K | 20x | as long as short |
| KuCoin METAUSDTM | +0.140% | +0.0100% | 8h | $1.5M | $198K | 20x | as long as short |
| Gate META_USDT | +0.143% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Bybit METAUSDT | +0.146% | 0.0000% | 8h | $7.5M | $9.4M | 100x | as long as short |
| HTX META-USDT | +0.146% | 0.0000% | 8h | $104K | $270K | 30x | as long as short |
| OKX META-USDT-SWAP | +0.147% | 0.0000% | 8h | $5.9M | $10.0M | 20x | as long as short |
| Polymarket Perps META-USD | +0.157% | +0.0050% | 1h | $666K | $482K | 10x | as long as short |
| Binance METAUSDT | +0.159% | 0.0000% | 8h | $25.4M | $121.1M | 20x | as long as short |
| Aster METAUSDT | +0.166% | 0.0000% | 8h | $452K | $126K | 20x | as long as short |
| Aevo META-PERP | +0.174% | +0.0104% | 1h | $265 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.185% | +0.0050% | 1h | $66.9M | $54.7M | 20x | as long as short |
| SunX META-USDT | +0.185% | 0.0000% | 8h | $833 | $9.3M | 20x | as long as short |
| Vest META-USD-PERP | +0.188% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Lighter RH META | +0.191% | +0.0032% | 1h | $703K | $2.6M | 20x | as long as short |
| BloFin META-USDT | +0.191% | −0.0120% | 8h | $330K | $646K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.192% | +0.0036% | 1h | $28K | $266K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.195% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Bitget METAUSDT | +0.203% | 0.0000% | 8h | $5.5M | $8.0M | 100x | as long as short |
| Arcus META-USD | +0.204% | +0.0325% | 1h | $270K | $296K | 10x | as long as short |
| SoDEX META-USD | +0.204% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Extended META_24_5-USD | +0.210% | 0.0000% | 1h | $542K | $1.4M | 17x | as long as short |
| Lighter META | +0.217% | +0.0032% | 1h | $847K | $2.4M | 20x | as long as short |