Spread before costs (cost unknown: a leg has no order-book sample)+0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$1.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 724.73 | 0.0051 | pay 0.0051% / 8h | 7h 43m | — | — | 5x |
| Short | Aster METAUSDT | 725.46 | 0 | get 0.0000% / 8h | 7h 43m | $446K | $94K | 20x |
Paradex META-USD-PERP
Aster METAUSDTPrice 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
- $10.1
- Funding while held
- −$1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$3.42
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 31 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0051%
- Per $10,000 a day
- −$1.52
- 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 Aster live order book, 31 min ago | 10.28 bp | 14.3 bp −$14 | 85.1 bp −$851 | doesn't fit | 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.BloFin724.24cheapestOndo Perps724.33+0.012%Aftermath Perps724.53+0.039%ApeX Omni724.53+0.040%Phoenix724.63+0.054%Nado724.69+0.062%Hotstuff724.70+0.064%
BloFin
Ondo Perps
ApeX Omni
Phoenix
Nado
HotstuffParadex724.73+0.067%
edgeX725.00+0.105%QFEX725.02+0.108%Arcus725.03+0.109%Popdex725.31+0.148%Deribit725.36+0.155%SoDEX725.39+0.159%Phemex725.42+0.163%Aevo725.43+0.165%
QFEX
Arcus
Popdex
Deribit
SoDEX
Phemex
AevoAster725.46+0.168%
Polymarket Perps725.46+0.168%KuCoin725.48+0.171%Coinbase International725.48+0.171%Lighter725.50+0.174%Lighter RH725.51+0.175%Vest725.52+0.177%Orderly725.61+0.189%Injective725.65+0.195%SunX725.67+0.197%HTX725.73+0.206%Gate725.77+0.211%Variational Omni725.85+0.222%Extended726.02+0.246%Bitget726.06+0.251%Bybit726.19+0.269%Binance726.26+0.279%OKX726.37+0.294%tradeXYZ726.38+0.295%
Polymarket Perps
KuCoin
Coinbase International
Lighter
Lighter RH
Vest
Orderly
Injective
SunX
HTX
Gate
Variational Omni
Extended
Bitget
Bybit
Binance
OKX
tradeXYZMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.067% | −0.0120% | 8h | $324K | $561K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.055% | +0.0050% | 1h | $847K | $2.7M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.028% | +0.0230% | 1h | $43K | $47K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.027% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Phoenix META | −0.014% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Nado META-PERP | −0.005% | +0.0016% | 1h | $393K | $121K | 20x | as long as short |
| Hotstuff META-PERP | −0.004% | +0.0104% | 1h | $32K | $105 | 20x | as long as short |
| Paradex META-USD-PERPlong | 0.000% | +0.0051% | 8h | — | — | 5x | |
| edgeX METAUSDC | +0.037% | +0.0879% | 4h | $61K | $325K | 10x | as long as short |
| QFEX META-USD | +0.040% | +0.0016% | 1h | $1.8M | $7.2M | 10x | as long as short |