Spread before costs (cost unknown: a leg has no order-book sample)+0.003%
7d average—if it closes, per $10,000$0funding while held, a day−$5.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 746.06 | 0.0050 | pay 0.0006% / 1h | 6m 54s | $25K | $3K | 10x |
| Short | BloFin META-USDT | 746.08 | −0.0120 | pay 0.0120% / 8h | 5h 06m | $336K | $1.0M | 20x |
SoDEX META-USD
BloFin META-USDTPrice 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
- $0.27
- Funding while held
- −$5.1
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.83
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0170%
- Per $10,000 a day
- −$5.10
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 0.13 bp | 6.6 bp −$7 | 9.1 bp −$91 | 20.7 bp −$2,070 | doesn't fit |
SoDEX: 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.KuCoin745.50cheapestGate745.67+0.023%Phoenix745.68+0.024%OKX745.71+0.028%Bitget745.74+0.032%tradeXYZ745.77+0.036%Bybit745.82+0.043%Deribit745.97+0.063%Binance745.99+0.065%Hotstuff746.01+0.068%Popdex746.04+0.072%Extended746.06+0.075%
KuCoin
Gate
Phoenix
OKX
Bitget
tradeXYZ
Bybit
Deribit
Binance
Hotstuff
Popdex
ExtendedSoDEX746.06+0.075%
HTX746.07+0.076%Polymarket Perps746.08+0.078%Coinbase International746.08+0.078%
HTX
Polymarket Perps
Coinbase InternationalBloFin746.08+0.078%
Paradex746.17+0.090%Aster746.18+0.091%Nado746.18+0.091%Aevo746.20+0.094%QFEX746.23+0.098%Lighter RH746.26+0.102%Ondo Perps746.28+0.105%Arcus746.30+0.107%Orderly746.30+0.107%Lighter746.34+0.113%ApeX Omni746.42+0.123%Injective746.44+0.126%SunX746.44+0.126%Aftermath Perps746.65+0.154%Vest746.67+0.157%Phemex746.86+0.182%Variational Omni747.17+0.224%edgeX747.29+0.240%
Paradex
Aster
Nado
Aevo
QFEX
Lighter RH
Ondo Perps
Arcus
Orderly
Lighter
ApeX Omni
Injective
SunX
Vest
Phemex
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.075% | +0.0100% | 8h | $1.6M | $287K | 20x | as long as short |
| Gate META_USDT | −0.052% | 0.0000% | 8h | $360K | $4.8M | 100x | as long as short |
| Phoenix META | −0.051% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.047% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Bitget METAUSDT | −0.043% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| tradeXYZ xyz:META | −0.039% | +0.0050% | 1h | $77.3M | $91.9M | 20x | as long as short |
| Bybit METAUSDT | −0.032% | 0.0000% | 8h | $8.1M | $11.6M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.012% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Binance METAUSDT | −0.010% | 0.0000% | 8h | $27.8M | $153.6M | 20x | as long as short |
| Hotstuff META-PERP | −0.007% | +0.0264% | 1h | $33K | $105 | 20x | as long as short |