Spread before costs (cost unknown: a leg has no order-book sample)−0.097%
7d average—if it closes, per $10,000$10funding while held, a day−$1.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_META_USDC_mythos | 712.92 | 0.0100 | pay 0.0100% / 8h | 29m 31s | $1K | — | 10x |
| Short | Ondo Perps META-USD.P | 712.23 | 0.0050 | get 0.0006% / 1h | 29m 31s | $851K | $2.6M | 10x |
Orderly PERP_META_USDC_mythos
Ondo Perps META-USD.PPrice 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
- −$9.68
- Funding while held
- −$1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$22.17
- Spread needed to break even
- 0.110%
Slippage unknown: Orderly: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.49
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
Orderly and 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.Injective711.82cheapestKuCoin712.17+0.049%
Injective
KuCoinOndo Perps712.23+0.058%
Nado712.46+0.090%Deribit712.55+0.103%Paradex712.56+0.104%Gate712.57+0.105%Bybit712.59+0.108%Aftermath Perps712.60+0.109%HTX712.62+0.112%SoDEX712.64+0.115%Extended712.64+0.115%OKX712.65+0.117%Arcus712.67+0.119%Lighter RH712.73+0.128%Aevo712.74+0.130%Lighter712.75+0.131%QFEX712.76+0.132%Popdex712.79+0.136%Phoenix712.79+0.136%tradeXYZ712.80+0.138%Binance712.81+0.139%Bitget712.86+0.146%Vest712.88+0.149%Coinbase International712.89+0.150%
Nado
Deribit
Paradex
Gate
Bybit
HTX
SoDEX
Extended
OKX
Arcus
Lighter RH
Aevo
Lighter
QFEX
Popdex
Phoenix
tradeXYZ
Binance
Bitget
Vest
Coinbase InternationalOrderly712.92+0.155%
SunX712.93+0.156%Phemex712.93+0.156%Polymarket Perps712.94+0.157%ApeX Omni712.98+0.163%Hotstuff713.10+0.180%edgeX713.19+0.192%Variational Omni713.20+0.194%BloFin713.27+0.204%Aster713.34+0.214%
SunX
Phemex
Polymarket Perps
ApeX Omni
Hotstuff
Variational Omni
BloFin
AsterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.154% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| KuCoin METAUSDTM | −0.105% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| Ondo Perps META-USD.Pshort | −0.097% | +0.0050% | 1h | $851K | $2.6M | 10x | |
| Nado META-PERP | −0.064% | +0.0015% | 1h | $442K | $87K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.052% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| Paradex META-USD-PERP | −0.050% | +0.0052% | 8h | — | — | 5x | as long as short |
| Gate META_USDT | −0.049% | 0.0000% | 8h | $382K | $3.2M | 100x | as long as short |
| Bybit METAUSDT | −0.046% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Aftermath Perps METAUSD | −0.045% | +0.0246% | 1h | $43K | $48K | 10x | as long as short |
| HTX META-USDT | −0.042% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX META-USD | −0.039% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Extended META_24_5-USD | −0.039% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| OKX META-USDT-SWAP | −0.038% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Arcus META-USD | −0.035% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| Lighter RH META | −0.027% | +0.0032% | 1h | $667K | $2.5M | 20x | as long as short |
| Aevo META-PERP | −0.025% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Lighter META | −0.024% | +0.0032% | 1h | $688K | $2.1M | 20x | as long as short |
| QFEX META-USD | −0.022% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| Popdex METAUSDT | −0.018% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| Phoenix META | −0.018% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| tradeXYZ xyz:META | −0.017% | +0.0050% | 1h | $61.7M | $46.6M | 20x | as long as short |
| Binance METAUSDT | −0.016% | 0.0000% | 8h | $25.3M | $93.8M | 20x | as long as short |
| Bitget METAUSDT | −0.008% | 0.0000% | 8h | $4.9M | $6.0M | 100x | as long as short |
| Vest META-USD-PERP | −0.006% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Coinbase International META-PERP-INTX | −0.004% | +0.0056% | 1h | $640K | $4.9M | 10x | as long as short |
| Orderly PERP_META_USDC_mythoslong | 0.000% | +0.0100% | 8h | $1K | — | 10x | |
| SunX META-USDT | +0.001% | 0.0000% | 8h | $942 | $8.2M | 20x | as long as short |
| Phemex METAUSDT | +0.001% | −0.0003% | 4h | $1.9M | $5K | 10x | as long as short |
| Polymarket Perps META-USD | +0.003% | +0.0050% | 1h | $648K | $463K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.008% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Hotstuff META-PERP | +0.025% | −0.0088% | 1h | $32K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.037% | +0.0016% | 4h | $60K | $325K | 10x | as long as short |
| Variational Omni META | +0.040% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| BloFin META-USDT | +0.049% | −0.0120% | 8h | $341K | $471K | 20x | as long as short |
| Aster METAUSDT | +0.059% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |