data as of
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Price arb /

META

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)−0.038%
7d average—if it closes, per $10,000$4funding while held, a day−$0.09
Long on ParadexShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex META-USD-PERP743.730.0051pay 0.0051% / 8h5h 46m——5x
ShortCoinbase International META-PERP-INTX743.450.0048get 0.0006% / 1h46m 03s$638K$6.4M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.83
Funding while held
−$0.09
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.91
Spread needed to break even
0.140%
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0003%
Per $10,000 a day
−$0.09
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample—————
Sell Coinbase International live order book, 4 min ago1.68 bp8.1 bp −$810.1 bp −$101doesn't fitdoesn'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.
Phoenix741.90cheapestApeX Omni741.95+0.007%edgeX741.99+0.012%Variational Omni742.08+0.025%Injective742.33+0.058%Gate743.26+0.183%Nado743.26+0.184%BloFin743.28+0.186%Aftermath Perps743.32+0.192%
Coinbase International743.45+0.209%
Hotstuff743.46+0.210%KuCoin743.52+0.218%Ondo Perps743.55+0.222%Arcus743.55+0.222%QFEX743.67+0.239%Aevo743.73+0.247%
Paradex743.73+0.247%
HTX743.74+0.248%tradeXYZ743.77+0.252%Phemex743.77+0.252%Bybit743.78+0.253%Popdex743.79+0.255%SoDEX743.84+0.261%Deribit743.84+0.261%Bitget743.89+0.268%Orderly743.92+0.272%SunX743.92+0.272%Binance743.93+0.274%Polymarket Perps743.96+0.278%Aster743.97+0.279%OKX743.97+0.279%Extended743.97+0.280%Lighter RH744.13+0.301%Vest744.16+0.305%Lighter744.20+0.310%

META on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix META−0.247%0.0000%1h$274K$618K20xas long as short
ApeX Omni METAUSDT−0.240%+0.0100%1h$166K$72K50xas long as short
edgeX METAUSDC−0.234%+0.0262%4h$62K$328K10xas long as short
Variational Omni META−0.222%0.0000%8h$1.5M$2.2M—as long as short
Injective META/USDC PERP−0.189%+0.0220%1h$169K$76K30xas long as short
Gate META_USDT−0.064%0.0000%8h$328K$4.5M100xas long as short
Nado META-PERP−0.064%−0.0021%1h$393K$173K20xas long as short
BloFin META-USDT−0.061%−0.0005%8h$332K$959K20xas long as short
Aftermath Perps METAUSD−0.056%+0.0297%1h$44K$46K10xas long as short
Coinbase International META-PERP-INTXshort−0.038%+0.0048%1h$638K$6.4M10x
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hotstuff META-PERP−0.037%−0.0112%1h$33K$10520xas long as short
KuCoin METAUSDTM−0.029%+0.0100%8h$1.6M$274K20xas long as short
Ondo Perps META-USD.P−0.025%+0.0050%1h$734K$3.3M10xas long as short
Arcus META-USD−0.025%+0.0478%1h$270K$302K10xas long as short
QFEX META-USD−0.009%+0.0026%1h$2.0M$10.9M10xas long as short
Aevo META-PERP−0.001%+0.0104%1h$268—10xas long as short
Paradex META-USD-PERPlong0.000%+0.0051%8h——5x
HTX META-USDT+0.001%0.0000%8h$106K$279K30xas long as short
tradeXYZ xyz:META+0.005%+0.0050%1h$71.4M$73.5M20xas long as short
Phemex METAUSDT+0.005%0.0000%4h$2.0M$6K10xas long as short
Bybit METAUSDT+0.006%0.0000%8h$7.9M$10.7M100xas long as short
Popdex METAUSDT+0.007%+0.0048%1h$172K$185K20xas long as short
SoDEX META-USD+0.014%+0.0050%1h$25K$3K10xas long as short
Deribit META_USDC-PERPETUAL+0.014%0.0000%1h$28K$266K10xas long as short
Bitget METAUSDT+0.021%0.0000%8h$5.7M$9.1M100xas long as short
Orderly PERP_META_USDC_mythos+0.025%+0.0100%8h$1K—10xas long as short
SunX META-USDT+0.025%0.0000%8h$752$9.4M20xas long as short
Binance METAUSDT+0.026%0.0000%8h$26.9M$142.6M20xas long as short
Polymarket Perps META-USD+0.030%+0.0050%1h$673K$520K10xas long as short
Aster METAUSDT+0.031%0.0000%8h$390K$288K20xas long as short
OKX META-USDT-SWAP+0.032%0.0000%8h$5.9M$11.2M20xas long as short
Extended META_24_5-USD+0.032%0.0000%1h$550K$1.4M17xas long as short
Lighter RH META+0.053%+0.0032%1h$705K$2.9M20xas long as short
Vest META-USD-PERP+0.057%+0.0046%1h—$9K25xas long as short
Lighter META+0.063%+0.0032%1h$856K$2.4M20xas long as short