Spread before costs (cost unknown: a leg has no order-book sample)−0.036%
7d average—if it closes, per $10,000$4funding while held, a day−$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 747.96 | 0.0050 | pay 0.0050% / 8h | 5h 17m | — | — | 5x |
| Short | OKX META-USDT-SWAP | 747.69 | 0 | get 0.0000% / 8h | 5h 17m | $6.1M | $12.0M | 20x |
Paradex META-USD-PERP
OKX META-USDT-SWAPPrice 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
- −$3.65
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$19.16
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.51
- 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 OKX live order book, 2 min ago | 0.47 bp | 8.6 bp −$9 | 17.1 bp −$171 | 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.Bybit747.54cheapestOndo Perps747.59+0.007%Gate747.62+0.011%Hotstuff747.67+0.017%
Bybit
Ondo Perps
Gate
HotstuffOKX747.69+0.020%
HTX747.69+0.020%tradeXYZ747.70+0.021%Injective747.70+0.021%Coinbase International747.70+0.021%Deribit747.74+0.027%SoDEX747.76+0.029%KuCoin747.83+0.039%Orderly747.83+0.039%Binance747.86+0.042%Aevo747.86+0.043%Extended747.87+0.045%Bitget747.88+0.045%BloFin747.96+0.056%
HTX
tradeXYZ
Injective
Coinbase International
Deribit
SoDEX
KuCoin
Orderly
Binance
Aevo
Extended
Bitget
BloFinParadex747.96+0.057%
QFEX747.98+0.059%Arcus747.99+0.060%Popdex747.99+0.060%Lighter RH748.02+0.064%Polymarket Perps748.02+0.064%SunX748.04+0.067%Lighter748.10+0.075%Aster748.13+0.079%edgeX748.16+0.083%Nado748.23+0.092%Phoenix748.30+0.102%Aftermath Perps748.35+0.108%Phemex748.38+0.112%ApeX Omni748.42+0.118%Variational Omni748.44+0.120%Vest748.75+0.162%
QFEX
Arcus
Popdex
Lighter RH
Polymarket Perps
SunX
Lighter
Aster
Nado
Phoenix
Phemex
ApeX Omni
Variational Omni
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit METAUSDT | −0.057% | 0.0000% | 8h | $8.2M | $11.4M | 100x | as long as short |
| Ondo Perps META-USD.P | −0.050% | +0.0050% | 1h | $715K | $3.5M | 10x | as long as short |
| Gate META_USDT | −0.046% | 0.0000% | 8h | $361K | $4.7M | 100x | as long as short |
| Hotstuff META-PERP | −0.039% | +0.0192% | 1h | $33K | $105 | 20x | as long as short |
| OKX META-USDT-SWAPshort | −0.036% | 0.0000% | 8h | $6.1M | $12.0M | 20x | |
| HTX META-USDT | −0.036% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| tradeXYZ xyz:META | −0.035% | +0.0050% | 1h | $78.4M | $90.5M | 20x | as long as short |
| Injective META/USDC PERP | −0.035% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.035% | +0.0048% | 1h | $647K | $6.5M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.030% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX META-USD | −0.027% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| KuCoin METAUSDTM | −0.018% | +0.0100% | 8h | $1.6M | $284K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.018% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Binance METAUSDT | −0.014% | 0.0000% | 8h | $27.7M | $152.1M | 20x | as long as short |
| Aevo META-PERP | −0.013% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| Extended META_24_5-USD | −0.012% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| Bitget METAUSDT | −0.011% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| BloFin META-USDT | 0.000% | −0.0120% | 8h | $333K | $999K | 20x | as long as short |
| Paradex META-USD-PERPlong | 0.000% | +0.0050% | 8h | — | — | 5x | |
| QFEX META-USD | +0.002% | +0.0026% | 1h | $2.1M | $12.0M | 10x | as long as short |
| Arcus META-USD | +0.004% | +0.0478% | 1h | $268K | $309K | 10x | as long as short |
| Popdex METAUSDT | +0.004% | +0.0048% | 1h | $175K | $186K | 20x | as long as short |
| Lighter RH META | +0.008% | +0.0032% | 1h | $741K | $3.0M | 20x | as long as short |
| Polymarket Perps META-USD | +0.008% | +0.0050% | 1h | $545K | $834K | 10x | as long as short |
| SunX META-USDT | +0.010% | 0.0000% | 8h | $870 | $9.4M | 20x | as long as short |
| Lighter META | +0.018% | +0.0056% | 1h | $863K | $2.5M | 20x | as long as short |
| Aster METAUSDT | +0.022% | 0.0000% | 8h | $460K | $430K | 20x | as long as short |
| edgeX METAUSDC | +0.026% | +0.0032% | 4h | $62K | $328K | 10x | as long as short |
| Nado META-PERP | +0.035% | −0.0022% | 1h | $395K | $215K | 20x | as long as short |
| Phoenix META | +0.045% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.051% | +0.0295% | 1h | $45K | $46K | 10x | as long as short |
| Phemex METAUSDT | +0.056% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.061% | +0.0100% | 1h | $168K | $71K | 50x | as long as short |
| Variational Omni META | +0.063% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| Vest META-USD-PERP | +0.105% | +0.0046% | 1h | — | $9K | 25x | as long as short |