Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_META_USDC_mythos | 741.17 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $1K | — | 10x |
| Short | Hotstuff META-PERP | 741.51 | 0.0136 | get 0.0017% / 1h | 8m 43s | $33K | $105 | 20x |
Orderly PERP_META_USDC_mythos
Hotstuff META-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
- $4.59
- Funding while held
- $1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$5.33
- Spread needed to break even
- 0.110%
Slippage unknown: Orderly: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0036%
- Per $10,000 a day
- +$1.08
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Orderly and Hotstuff: 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.KuCoin740.46cheapestDeribit740.51+0.007%Gate740.55+0.012%HTX740.55+0.012%SoDEX740.68+0.030%BloFin740.78+0.043%tradeXYZ740.83+0.050%Coinbase International740.83+0.050%Aster740.87+0.056%Popdex740.96+0.068%SunX740.96+0.068%Bybit741.02+0.076%Nado741.03+0.076%Ondo Perps741.03+0.077%Aevo741.06+0.081%Lighter RH741.09+0.085%Paradex741.10+0.087%QFEX741.11+0.088%Bitget741.15+0.093%Binance741.16+0.095%
KuCoin
Deribit
Gate
HTX
SoDEX
BloFin
tradeXYZ
Coinbase International
Aster
Popdex
SunX
Bybit
Nado
Ondo Perps
Aevo
Lighter RH
Paradex
QFEX
Bitget
BinanceOrderly741.17+0.096%
Polymarket Perps741.20+0.100%Extended741.20+0.100%OKX741.25+0.107%Arcus741.29+0.112%Phemex741.47+0.136%Lighter741.50+0.140%
Polymarket Perps
Extended
OKX
Arcus
Phemex
LighterHotstuff741.51+0.142%
Aftermath Perps741.70+0.167%Vest741.94+0.200%Variational Omni742.37+0.258%edgeX742.47+0.272%ApeX Omni742.80+0.316%Injective742.83+0.320%Phoenix743.30+0.384%
Vest
Variational Omni
ApeX Omni
Injective
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.096% | +0.0100% | 8h | $1.6M | $258K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.089% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Gate META_USDT | −0.084% | 0.0000% | 8h | $341K | $4.4M | 100x | as long as short |
| HTX META-USDT | −0.084% | 0.0000% | 8h | $105K | $279K | 30x | as long as short |
| SoDEX META-USD | −0.066% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| BloFin META-USDT | −0.053% | +0.0012% | 8h | $330K | $912K | 20x | as long as short |
| tradeXYZ xyz:META | −0.046% | +0.0050% | 1h | $69.5M | $67.7M | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.046% | +0.0048% | 1h | $630K | $6.3M | 10x | as long as short |
| Aster METAUSDT | −0.040% | 0.0000% | 8h | $456K | $190K | 20x | as long as short |
| Popdex METAUSDT | −0.028% | +0.0048% | 1h | $171K | $183K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX META-USDT | −0.028% | 0.0000% | 8h | $819 | $9.3M | 20x | as long as short |
| Bybit METAUSDT | −0.020% | 0.0000% | 8h | $7.8M | $10.2M | 100x | as long as short |
| Nado META-PERP | −0.020% | +0.0002% | 1h | $392K | $173K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.019% | +0.0050% | 1h | $740K | $3.2M | 10x | as long as short |
| Aevo META-PERP | −0.015% | +0.0104% | 1h | $267 | — | 10x | as long as short |
| Lighter RH META | −0.011% | +0.0032% | 1h | $709K | $2.8M | 20x | as long as short |
| Paradex META-USD-PERP | −0.009% | +0.0051% | 8h | — | — | 5x | as long as short |
| QFEX META-USD | −0.008% | +0.0020% | 1h | $1.9M | $10.2M | 10x | as long as short |
| Bitget METAUSDT | −0.003% | 0.0000% | 8h | $5.7M | $8.9M | 100x | as long as short |
| Binance METAUSDT | −0.001% | 0.0000% | 8h | $26.5M | $136.0M | 20x | as long as short |
| Orderly PERP_META_USDC_mythoslong | 0.000% | +0.0100% | 8h | $1K | — | 10x | |
| Polymarket Perps META-USD | +0.004% | +0.0050% | 1h | $671K | $484K | 10x | as long as short |
| Extended META_24_5-USD | +0.005% | 0.0000% | 1h | $552K | $1.4M | 17x | as long as short |
| OKX META-USDT-SWAP | +0.011% | 0.0000% | 8h | $6.0M | $10.8M | 20x | as long as short |
| Arcus META-USD | +0.016% | +0.0325% | 1h | $269K | $299K | 10x | as long as short |
| Phemex METAUSDT | +0.040% | 0.0000% | 4h | $2.0M | $5K | 10x | as long as short |
| Lighter META | +0.045% | +0.0064% | 1h | $856K | $2.5M | 20x | as long as short |
| Hotstuff META-PERPshort | +0.046% | +0.0136% | 1h | $33K | $105 | 20x | |
| Aftermath Perps METAUSD | +0.071% | +0.0285% | 1h | $44K | $45K | 10x | as long as short |
| Vest META-USD-PERP | +0.104% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Variational Omni META | +0.162% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| edgeX METAUSDC | +0.176% | +0.0502% | 4h | $62K | $326K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.220% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| Injective META/USDC PERP | +0.224% | +0.0220% | 1h | $169K | $101K | 30x | as long as short |
| Phoenix META | +0.287% | +0.0055% | 1h | $275K | $513K | 20x | as long as short |