Spread before costs (cost unknown: a leg has no order-book sample)+0.031%
7d average—if it closes, per $10,000$3funding while held, a day+$8.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 734.87 | 0.0051 | pay 0.0051% / 8h | 6h 44m | — | — | 5x |
| Short | Arcus META-USD | 735.10 | 0.0325 | get 0.0041% / 1h | 44m 51s | $270K | $296K | 10x |
Paradex META-USD-PERP
Arcus 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
- $3.06
- Funding while held
- $8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $2.79
- Spread needed to break even
- 0.085%
Slippage unknown: Paradex: no order-book sample; Arcus: live order book, 60 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0274%
- Per $10,000 a day
- +$8.22
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 60 min ago | 2.35 bp | 5.2 bp −$5 | 11.5 bp −$115 | 16.7 bp −$1,675 | doesn't fit |
Paradex: 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%Aftermath Perps733.88+0.146%edgeX734.12+0.179%Phemex734.23+0.194%KuCoin734.26+0.198%tradeXYZ734.37+0.213%Gate734.40+0.217%Nado734.56+0.238%Binance734.59+0.243%Bitget734.59+0.243%Bybit734.61+0.246%ApeX Omni734.61+0.246%Hotstuff734.65+0.251%QFEX734.71+0.259%Polymarket Perps734.74+0.263%Popdex734.76+0.266%Variational Omni734.78+0.268%Coinbase International734.78+0.269%Aevo734.81+0.273%SunX734.81+0.273%HTX734.81+0.273%Lighter RH734.82+0.274%Deribit734.86+0.280%
Injective
Phoenix
Phemex
KuCoin
tradeXYZ
Gate
Nado
Binance
Bitget
Bybit
ApeX Omni
Hotstuff
QFEX
Polymarket Perps
Popdex
Variational Omni
Coinbase International
Aevo
SunX
HTX
Lighter RH
DeribitParadex734.87+0.282%
Aster734.91+0.286%Lighter734.91+0.287%OKX734.91+0.287%SoDEX734.91+0.287%BloFin734.93+0.289%Ondo Perps734.95+0.292%Vest734.96+0.293%Orderly734.99+0.297%Extended735.03+0.303%
Aster
Lighter
OKX
SoDEX
BloFin
Ondo Perps
Vest
Orderly
ExtendedArcus735.10+0.312%
META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.281% | +0.0220% | 1h | $167K | $101K | 30x | as long as short |
| Phoenix META | −0.182% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.136% | +0.0272% | 1h | $44K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.102% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| Phemex METAUSDT | −0.088% | −0.0003% | 4h | $1.9M | $5K | 10x | as long as short |
| KuCoin METAUSDTM | −0.084% | +0.0100% | 8h | $1.5M | $198K | 20x | as long as short |
| tradeXYZ xyz:META | −0.069% | +0.0050% | 1h | $66.8M | $54.8M | 20x | as long as short |
| Gate META_USDT | −0.065% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Nado META-PERP | −0.043% | +0.0009% | 1h | $389K | $172K | 20x | as long as short |
| Binance METAUSDT | −0.039% | 0.0000% | 8h | $25.4M | $121.5M | 20x | as long as short |