Spread before costs (cost unknown: a leg has no order-book sample)+0.054%
7d average—if it closes, per $10,000$5funding while held, a day−$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 743.82 | 0.0051 | pay 0.0051% / 8h | 5h 44m | — | — | 5x |
| Short | Polymarket Perps META-USD | 744.22 | 0.0050 | get 0.0006% / 1h | 44m 49s | $673K | $520K | 10x |
Paradex META-USD-PERP
Polymarket Perps 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
- $5.41
- Funding while held
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$6.62
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.02
- 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 Polymarket Perps live order book, 54 min ago | 1.70 bp | 8.4 bp −$8 | 9.1 bp −$91 | 10.4 bp −$1,035 | 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.Phoenix741.90cheapestedgeX742.87+0.131%ApeX Omni743.01+0.150%Nado743.40+0.202%Coinbase International743.44+0.208%Hotstuff743.46+0.210%Gate743.49+0.214%Deribit743.53+0.220%Aftermath Perps743.55+0.223%Injective743.60+0.229%SoDEX743.63+0.233%Aevo743.65+0.236%Phemex743.66+0.237%BloFin743.66+0.237%Orderly743.71+0.244%KuCoin743.74+0.248%Ondo Perps743.76+0.251%HTX743.76+0.251%Variational Omni743.80+0.257%
Phoenix
ApeX Omni
Nado
Coinbase International
Hotstuff
Gate
Deribit
Injective
SoDEX
Aevo
Phemex
BloFin
Orderly
KuCoin
Ondo Perps
HTX
Variational OmniParadex743.82+0.259%
tradeXYZ743.82+0.259%Arcus743.82+0.259%OKX743.83+0.260%Bybit743.87+0.266%Extended743.92+0.272%QFEX743.93+0.274%Binance743.97+0.279%Bitget743.98+0.280%Popdex744.00+0.283%Lighter RH744.08+0.294%Aster744.09+0.295%SunX744.10+0.297%Lighter744.11+0.298%
tradeXYZ
Arcus
OKX
Bybit
Extended
QFEX
Binance
Bitget
Popdex
Lighter RH
Aster
SunX
LighterPolymarket Perps744.22+0.313%
Vest744.46+0.345%
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.258% | 0.0000% | 1h | $274K | $618K | 20x | as long as short |
| edgeX METAUSDC | −0.127% | +0.0799% | 4h | $62K | $328K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.109% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| Nado META-PERP | −0.056% | −0.0022% | 1h | $393K | $173K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.051% | +0.0048% | 1h | $637K | $6.4M | 10x | as long as short |
| Hotstuff META-PERP | −0.048% | −0.0112% | 1h | $33K | $105 | 20x | as long as short |
| Gate META_USDT | −0.044% | 0.0000% | 8h | $328K | $4.5M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.039% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.036% | +0.0297% | 1h | $44K | $46K | 10x | as long as short |
| Injective META/USDC PERP | −0.029% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX META-USD | −0.025% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Aevo META-PERP | −0.022% | +0.0104% | 1h | $268 | — | 10x | as long as short |
| Phemex METAUSDT | −0.021% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| BloFin META-USDT | −0.021% | +0.0007% | 8h | $330K | $961K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.015% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| KuCoin METAUSDTM | −0.010% | +0.0100% | 8h | $1.6M | $275K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.008% | +0.0050% | 1h | $734K | $3.3M | 10x | as long as short |
| HTX META-USDT | −0.008% | 0.0000% | 8h | $106K | $279K | 30x | as long as short |
| Variational Omni META | −0.002% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Paradex META-USD-PERPlong | 0.000% | +0.0051% | 8h | — | — | 5x | |
| tradeXYZ xyz:META | 0.000% | +0.0050% | 1h | $71.4M | $73.6M | 20x | as long as short |
| Arcus META-USD | 0.000% | +0.0478% | 1h | $270K | $302K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.002% | 0.0000% | 8h | $5.9M | $11.2M | 20x | as long as short |
| Bybit METAUSDT | +0.007% | 0.0000% | 8h | $7.9M | $10.7M | 100x | as long as short |
| Extended META_24_5-USD | +0.014% | 0.0000% | 1h | $559K | $1.4M | 17x | as long as short |
| QFEX META-USD | +0.015% | +0.0026% | 1h | $2.0M | $11.0M | 10x | as long as short |
| Binance METAUSDT | +0.020% | 0.0000% | 8h | $26.9M | $142.8M | 20x | as long as short |
| Bitget METAUSDT | +0.022% | 0.0000% | 8h | $5.8M | $9.1M | 100x | as long as short |
| Popdex METAUSDT | +0.024% | +0.0048% | 1h | $173K | $185K | 20x | as long as short |
| Lighter RH META | +0.035% | +0.0032% | 1h | $705K | $2.9M | 20x | as long as short |
| Aster METAUSDT | +0.036% | 0.0000% | 8h | $390K | $382K | 20x | as long as short |
| SunX META-USDT | +0.038% | 0.0000% | 8h | $777 | $9.4M | 20x | as long as short |
| Lighter META | +0.039% | +0.0032% | 1h | $856K | $2.4M | 20x | as long as short |
| Polymarket Perps META-USDshort | +0.054% | +0.0050% | 1h | $673K | $520K | 10x | |
| Vest META-USD-PERP | +0.086% | +0.0046% | 1h | — | $9K | 25x | as long as short |