Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 713.15 | 0.0052 | pay 0.0052% / 8h | 30m 34s | — | — | 5x |
| Short | Orderly PERP_META_USDC_mythos | 713.03 | 0.0100 | get 0.0100% / 8h | 30m 34s | $1K | — | 10x |
Paradex META-USD-PERP
Orderly PERP_META_USDC_mythosPrice 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
- −$1.63
- Funding while held
- $1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.2
- Spread needed to break even
- 0.100%
Slippage unknown: Paradex: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 Orderly no order-book sample | — | — | — | — | — |
Paradex and 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.Injective711.82cheapestCoinbase International711.97+0.021%Aftermath Perps712.45+0.089%Bybit712.63+0.114%KuCoin712.70+0.124%edgeX712.72+0.127%Phoenix712.79+0.136%Binance712.80+0.138%Popdex712.80+0.138%ApeX Omni712.81+0.139%HTX712.81+0.139%QFEX712.84+0.143%Ondo Perps712.87+0.148%Arcus712.93+0.156%Gate712.95+0.159%OKX713.00+0.166%
Injective
Coinbase International
Bybit
KuCoin
Phoenix
Binance
Popdex
ApeX Omni
HTX
QFEX
Ondo Perps
Arcus
Gate
OKXOrderly713.03+0.170%
Extended713.05+0.172%SoDEX713.07+0.176%Bitget713.08+0.177%Deribit713.08+0.177%Hotstuff713.10+0.180%Aevo713.11+0.182%Phemex713.14+0.185%
Extended
SoDEX
Bitget
Deribit
Hotstuff
Aevo
PhemexParadex713.15+0.186%
tradeXYZ713.16+0.188%Nado713.19+0.192%Variational Omni713.20+0.194%BloFin713.27+0.204%Vest713.29+0.207%Lighter713.33+0.212%Lighter RH713.33+0.212%Aster713.34+0.214%Polymarket Perps713.35+0.215%SunX713.38+0.219%
tradeXYZ
Nado
Variational Omni
BloFin
Vest
Lighter
Lighter RH
Aster
Polymarket Perps
SunXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.186% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| Coinbase International META-PERP-INTX | −0.165% | +0.0056% | 1h | $644K | $4.9M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.097% | +0.0247% | 1h | $43K | $48K | 10x | as long as short |
| Bybit METAUSDT | −0.072% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| KuCoin METAUSDTM | −0.063% | +0.0100% | 8h | $1.5M | $140K | 20x | as long as short |
| edgeX METAUSDC | −0.059% | +0.0123% | 4h | $60K | $325K | 10x | as long as short |
| Phoenix META | −0.050% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| Binance METAUSDT | −0.049% | 0.0000% | 8h | $25.3M | $93.6M | 20x | as long as short |
| Popdex METAUSDT | −0.049% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |
| ApeX Omni METAUSDT | −0.047% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX META-USDT | −0.047% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| QFEX META-USD | −0.043% | +0.0028% | 1h | $1.8M | $6.0M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.039% | +0.0050% | 1h | $851K | $2.6M | 10x | as long as short |
| Arcus META-USD | −0.030% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| Gate META_USDT | −0.028% | 0.0000% | 8h | $383K | $3.2M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.021% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Orderly PERP_META_USDC_mythosshort | −0.016% | +0.0100% | 8h | $1K | — | 10x | |
| Extended META_24_5-USD | −0.014% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| SoDEX META-USD | −0.011% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Bitget METAUSDT | −0.009% | 0.0000% | 8h | $4.9M | $6.0M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.009% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| Hotstuff META-PERP | −0.007% | −0.0088% | 1h | $32K | $105 | 20x | as long as short |
| Aevo META-PERP | −0.004% | +0.0104% | 1h | $257 | — | 10x | as long as short |
| Phemex METAUSDT | −0.001% | −0.0001% | 4h | $1.9M | $5K | 10x | as long as short |
| Paradex META-USD-PERPlong | 0.000% | +0.0052% | 8h | — | — | 5x | |
| tradeXYZ xyz:META | +0.002% | +0.0050% | 1h | $61.8M | $46.6M | 20x | as long as short |
| Nado META-PERP | +0.006% | +0.0016% | 1h | $442K | $87K | 20x | as long as short |
| Variational Omni META | +0.008% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| BloFin META-USDT | +0.017% | −0.0120% | 8h | $341K | $471K | 20x | as long as short |
| Vest META-USD-PERP | +0.020% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Lighter META | +0.026% | +0.0032% | 1h | $687K | $2.1M | 20x | as long as short |
| Lighter RH META | +0.026% | +0.0032% | 1h | $661K | $2.4M | 20x | as long as short |
| Aster METAUSDT | +0.027% | 0.0000% | 8h | $440K | $86K | 20x | as long as short |
| Polymarket Perps META-USD | +0.029% | +0.0050% | 1h | $649K | $463K | 10x | as long as short |
| SunX META-USDT | +0.033% | 0.0000% | 8h | $781 | $8.2M | 20x | as long as short |