Spread before costs (cost unknown: a leg has no order-book sample)−0.423%
7d average−0.020%if it closes, per $10,000$42funding while held, a day−$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex METAUSDT | 732.84 | 0.0048 | pay 0.0006% / 1h | 51m 38s | $178K | $167K | 20x |
| Short | Variational Omni META | 729.74 | 0 | get 0.0000% / 8h | 6h 51m | $1.4M | $2.1M | — |
Popdex METAUSDT
Variational Omni 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
- −$42.26
- Funding while held
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$50.1
- Spread needed to break even
- 0.064%
Slippage unknown: Popdex: live order book, 54 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Popdex live order book, 54 min ago | 0.97 bp | 4.7 bp −$5 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.60 bp | doesn't fit | 11.3 bp −$113 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapest
InjectiveVariational Omni729.74+0.220%
Phoenix730.45+0.317%Ondo Perps730.82+0.368%Aftermath Perps731.06+0.401%edgeX732.33+0.575%Gate732.39+0.584%Bitget732.47+0.595%KuCoin732.49+0.597%tradeXYZ732.55+0.606%Extended732.56+0.607%Lighter RH732.57+0.608%Paradex732.59+0.611%Lighter732.67+0.622%Nado732.67+0.622%ApeX Omni732.71+0.628%Binance732.74+0.631%Bybit732.74+0.632%QFEX732.77+0.636%Aster732.81+0.641%Arcus732.82+0.643%BloFin732.83+0.644%
Phoenix
Ondo Perps
Gate
Bitget
KuCoin
tradeXYZ
Extended
Lighter RH
Paradex
Lighter
Nado
ApeX Omni
Binance
Bybit
QFEX
Aster
Arcus
BloFinPopdex732.84+0.645%
OKX732.97+0.663%HTX733.11+0.683%SoDEX733.20+0.695%Hotstuff733.25+0.702%Aevo733.26+0.704%Deribit733.28+0.706%SunX733.31+0.710%Polymarket Perps733.38+0.720%Coinbase International733.43+0.727%Phemex733.44+0.728%Orderly733.55+0.743%Vest733.56+0.744%
OKX
HTX
SoDEX
Hotstuff
Aevo
Deribit
SunX
Polymarket Perps
Coinbase International
Phemex
Orderly
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.641% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni METAshort | −0.423% | 0.0000% | 8h | $1.4M | $2.1M | — | |
| Phoenix META | −0.326% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.276% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.243% | +0.0266% | 1h | $43K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.070% | +0.0647% | 4h | $61K | $326K | 10x | as long as short |
| Gate META_USDT | −0.061% | 0.0000% | 8h | $345K | $3.9M | 100x | as long as short |
| Bitget METAUSDT | −0.050% | 0.0000% | 8h | $5.3M | $8.0M | 100x | as long as short |
| KuCoin METAUSDTM | −0.048% | +0.0100% | 8h | $1.5M | $197K | 20x | as long as short |
| tradeXYZ xyz:META | −0.040% | +0.0050% | 1h | $66.5M | $54.1M | 20x | as long as short |