Spread before costs (cost unknown: a leg has no order-book sample)+0.001%
7d average—if it closes, per $10,000$0funding while held, a day−$2.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_META_USDC_mythos | 735.00 | 0.0100 | pay 0.0100% / 8h | 6h 46m | $1K | — | 10x |
| Short | QFEX META-USD | 735.01 | 0.0020 | get 0.0002% / 1h | 46m 14s | $1.8M | $8.9M | 10x |
Orderly PERP_META_USDC_mythos
QFEX META-USDPrice 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
- $0.14
- Funding while held
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$18.27
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0080%
- Per $10,000 a day
- −$2.41
- 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 QFEX live order book, 4 min ago | 1.43 bp | 6.4 bp −$6 | 7.5 bp −$75 | 16.0 bp −$1,601 | doesn't fit |
Orderly: 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 Omni732.45cheapestInjective732.81+0.049%Aftermath Perps733.48+0.141%Phoenix733.54+0.149%Ondo Perps733.59+0.156%ApeX Omni733.68+0.168%edgeX734.12+0.229%Phemex734.23+0.243%Gate734.41+0.268%Nado734.55+0.286%KuCoin734.60+0.294%Hotstuff734.65+0.301%Coinbase International734.78+0.318%tradeXYZ734.79+0.320%SoDEX734.80+0.321%Deribit734.80+0.321%Aevo734.81+0.322%Paradex734.84+0.326%Extended734.84+0.327%Lighter RH734.86+0.329%OKX734.88+0.332%Bybit734.91+0.336%Bitget734.94+0.340%Lighter734.97+0.344%BloFin734.99+0.347%
Variational Omni
Injective
Phoenix
Ondo Perps
ApeX Omni
Phemex
Gate
Nado
KuCoin
Hotstuff
Coinbase International
tradeXYZ
SoDEX
Deribit
Aevo
Paradex
Extended
Lighter RH
OKX
Bybit
Bitget
Lighter
BloFinOrderly735.00+0.348%
SunX735.00+0.348%Binance735.00+0.348%
SunX
BinanceQFEX735.01+0.350%
Aster735.03+0.353%Popdex735.12+0.365%HTX735.16+0.370%Arcus735.19+0.374%Vest735.25+0.383%Polymarket Perps735.26+0.384%
Aster
Popdex
HTX
Arcus
Vest
Polymarket PerpsMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.347% | 0.0000% | 8h | $1.4M | $2.2M | — | as long as short |
| Injective META/USDC PERP | −0.298% | +0.0220% | 1h | $167K | $101K | 30x | as long as short |
| Aftermath Perps METAUSD | −0.207% | +0.0268% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.199% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.192% | +0.0050% | 1h | $759K | $3.0M | 10x | as long as short |
| ApeX Omni METAUSDT | −0.180% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| edgeX METAUSDC | −0.119% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| Phemex METAUSDT | −0.105% | −0.0030% | 4h | $1.9M | $5K | 10x | as long as short |
| Gate META_USDT | −0.080% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Nado META-PERP | −0.062% | +0.0004% | 1h | $389K | $172K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.054% | +0.0100% | 8h | $1.5M | $198K | 20x | as long as short |
| Hotstuff META-PERP | −0.048% | +0.0024% | 1h | $33K | $105 | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.030% | +0.0048% | 1h | $646K | $6.0M | 10x | as long as short |
| tradeXYZ xyz:META | −0.029% | +0.0050% | 1h | $66.9M | $54.7M | 20x | as long as short |
| SoDEX META-USD | −0.027% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.027% | +0.0063% | 1h | $28K | $266K | 10x | as long as short |
| Aevo META-PERP | −0.026% | +0.0104% | 1h | $265 | — | 10x | as long as short |
| Paradex META-USD-PERP | −0.022% | +0.0051% | 8h | — | — | 5x | as long as short |
| Extended META_24_5-USD | −0.021% | 0.0000% | 1h | $542K | $1.4M | 17x | as long as short |
| Lighter RH META | −0.019% | +0.0032% | 1h | $703K | $2.6M | 20x | as long as short |
| OKX META-USDT-SWAP | −0.016% | 0.0000% | 8h | $5.9M | $10.0M | 20x | as long as short |
| Bybit METAUSDT | −0.012% | 0.0000% | 8h | $7.5M | $9.4M | 100x | as long as short |
| Bitget METAUSDT | −0.008% | 0.0000% | 8h | $5.5M | $8.0M | 100x | as long as short |
| Lighter META | −0.004% | +0.0032% | 1h | $847K | $2.4M | 20x | as long as short |
| BloFin META-USDT | −0.001% | −0.0120% | 8h | $330K | $646K | 20x | as long as short |
| Orderly PERP_META_USDC_mythoslong | 0.000% | +0.0100% | 8h | $1K | — | 10x | |
| SunX META-USDT | 0.000% | 0.0000% | 8h | $984 | $9.3M | 20x | as long as short |
| Binance METAUSDT | 0.000% | 0.0000% | 8h | $25.4M | $121.2M | 20x | as long as short |
| QFEX META-USDshort | +0.001% | +0.0020% | 1h | $1.8M | $8.9M | 10x | |
| Aster METAUSDT | +0.004% | 0.0000% | 8h | $452K | $130K | 20x | as long as short |
| Popdex METAUSDT | +0.016% | +0.0048% | 1h | $178K | $168K | 20x | as long as short |
| HTX META-USDT | +0.022% | 0.0000% | 8h | $104K | $271K | 30x | as long as short |
| Arcus META-USD | +0.026% | +0.0325% | 1h | $270K | $296K | 10x | as long as short |
| Vest META-USD-PERP | +0.034% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Polymarket Perps META-USD | +0.035% | +0.0050% | 1h | $666K | $482K | 10x | as long as short |