Spread before costs (cost unknown: a leg has no order-book sample)−0.019%
7d average—if it closes, per $10,000$2funding while held, a day−$0.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 741.71 | 0.0051 | pay 0.0051% / 8h | 6h 04m | — | — | 5x |
| Short | tradeXYZ xyz:META | 741.57 | 0.0050 | get 0.0006% / 1h | 4m 14s | $69.4M | $68.4M | 20x |
Paradex META-USD-PERP
tradeXYZ xyz:METAPrice 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
- −$1.89
- Funding while held
- −$0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.92
- Spread needed to break even
- 0.220%
Slippage unknown: Paradex: no order-book sample; tradeXYZ: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.03
- 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 tradeXYZ live order book, 7 min ago | 0.07 bp | 9.1 bp −$9 | 9.5 bp −$95 | 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.ApeX Omni740.90cheapestPhoenix740.96+0.008%Gate741.20+0.040%HTX741.28+0.051%Aevo741.33+0.058%KuCoin741.34+0.059%edgeX741.40+0.067%Aster741.41+0.069%Coinbase International741.42+0.070%Deribit741.43+0.072%Ondo Perps741.44+0.073%Bitget741.46+0.076%Extended741.47+0.077%Nado741.49+0.079%SoDEX741.52+0.084%Binance741.53+0.085%Phemex741.54+0.086%Orderly741.55+0.088%
ApeX Omni
Phoenix
Gate
HTX
Aevo
KuCoin
Aster
Coinbase International
Deribit
Ondo Perps
Bitget
Extended
Nado
SoDEX
Binance
Phemex
OrderlytradeXYZ741.57+0.090%
BloFin741.59+0.093%Variational Omni741.60+0.094%Lighter RH741.60+0.094%Hotstuff741.61+0.096%Bybit741.62+0.097%OKX741.64+0.100%Polymarket Perps741.71+0.109%
BloFin
Variational Omni
Lighter RH
Hotstuff
Bybit
OKX
Polymarket PerpsParadex741.71+0.109%
Popdex741.73+0.112%Lighter741.76+0.116%SunX741.78+0.119%QFEX741.88+0.132%Arcus741.93+0.139%Aftermath Perps741.96+0.143%Vest742.03+0.153%Injective743.22+0.313%
Popdex
Lighter
SunX
QFEX
Arcus
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.109% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| Phoenix META | −0.101% | +0.0055% | 1h | $274K | $513K | 20x | as long as short |
| Gate META_USDT | −0.069% | 0.0000% | 8h | $342K | $4.4M | 100x | as long as short |
| HTX META-USDT | −0.058% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| Aevo META-PERP | −0.052% | +0.0104% | 1h | $267 | — | 10x | as long as short |
| KuCoin METAUSDTM | −0.050% | +0.0100% | 8h | $1.6M | $265K | 20x | as long as short |
| edgeX METAUSDC | −0.042% | +0.0664% | 4h | $62K | $327K | 10x | as long as short |
| Aster METAUSDT | −0.040% | 0.0000% | 8h | $456K | $193K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.039% | +0.0048% | 1h | $640K | $6.3M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.038% | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.036% | +0.0050% | 1h | $739K | $3.3M | 10x | as long as short |
| Bitget METAUSDT | −0.034% | 0.0000% | 8h | $5.7M | $8.9M | 100x | as long as short |
| Extended META_24_5-USD | −0.033% | 0.0000% | 1h | $552K | $1.4M | 17x | as long as short |
| Nado META-PERP | −0.030% | +0.0003% | 1h | $392K | $173K | 20x | as long as short |
| SoDEX META-USD | −0.026% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Binance METAUSDT | −0.024% | 0.0000% | 8h | $26.4M | $137.3M | 20x | as long as short |
| Phemex METAUSDT | −0.023% | 0.0000% | 4h | $2.0M | $5K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.022% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| tradeXYZ xyz:METAshort | −0.019% | +0.0050% | 1h | $69.4M | $68.4M | 20x | |
| BloFin META-USDT | −0.016% | −0.0017% | 8h | $332K | $919K | 20x | as long as short |
| Variational Omni META | −0.015% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Lighter RH META | −0.015% | +0.0032% | 1h | $706K | $2.8M | 20x | as long as short |
| Hotstuff META-PERP | −0.013% | +0.0008% | 1h | $33K | $105 | 20x | as long as short |
| Bybit METAUSDT | −0.012% | 0.0000% | 8h | $7.9M | $10.3M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.009% | 0.0000% | 8h | $6.0M | $10.8M | 20x | as long as short |
| Polymarket Perps META-USD | 0.000% | +0.0050% | 1h | $672K | $484K | 10x | as long as short |
| Paradex META-USD-PERPlong | 0.000% | +0.0051% | 8h | — | — | 5x | |
| Popdex METAUSDT | +0.003% | +0.0048% | 1h | $172K | $183K | 20x | as long as short |
| Lighter META | +0.007% | +0.0072% | 1h | $855K | $2.5M | 20x | as long as short |
| SunX META-USDT | +0.009% | 0.0000% | 8h | $860 | $9.3M | 20x | as long as short |
| QFEX META-USD | +0.023% | +0.0020% | 1h | $1.9M | $10.4M | 10x | as long as short |
| Arcus META-USD | +0.030% | +0.0325% | 1h | $269K | $302K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.034% | +0.0289% | 1h | $44K | $45K | 10x | as long as short |
| Vest META-USD-PERP | +0.043% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Injective META/USDC PERP | +0.204% | +0.0220% | 1h | $169K | $101K | 30x | as long as short |