Spread before costs (cost unknown: a leg has no order-book sample)−0.183%
7d average—if it closes, per $10,000$18funding while held, a day+$0.89
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 714.03 | 0.0050 | pay 0.0006% / 1h | 24m 25s | $24K | $3K | 10x |
| Short | edgeX METAUSDC | 712.72 | 0.0080 | get 0.0040% / 4h | 24m 25s | $60K | $322K | 10x |
SoDEX 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
- −$18.33
- Funding while held
- $0.89
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$34.45
- Spread needed to break even
- 0.170%
Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0030%
- Per $10,000 a day
- +$0.89
- 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 edgeX live order book, 25 min ago | 5.93 bp | 10.5 bp −$11 | 12.1 bp −$121 | doesn't fit | 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.Injective712.39cheapestPhoenix713.00+0.086%ApeX Omni713.06+0.094%Ondo Perps713.48+0.153%Coinbase International713.81+0.199%Variational Omni713.86+0.206%Phemex713.86+0.206%HTX713.89+0.211%
Injective
Phoenix
ApeX Omni
Ondo Perps
Coinbase International
Variational Omni
Phemex
HTXSoDEX714.03+0.230%
Aftermath Perps714.13+0.244%Gate714.24+0.260%Aster714.40+0.281%Nado714.40+0.282%Hotstuff714.41+0.284%KuCoin714.42+0.285%Lighter714.44+0.288%tradeXYZ714.50+0.296%BloFin714.52+0.299%Vest714.53+0.300%Lighter RH714.64+0.316%QFEX714.64+0.316%Deribit714.64+0.316%Paradex714.64+0.316%Extended714.68+0.322%Arcus714.70+0.324%Popdex714.76+0.333%Aevo714.78+0.335%Bybit714.80+0.338%OKX714.82+0.341%Orderly714.82+0.341%Polymarket Perps714.84+0.344%Bitget714.92+0.355%Binance714.97+0.362%SunX715.06+0.375%
Gate
Aster
Nado
Hotstuff
KuCoin
Lighter
tradeXYZ
BloFin
Vest
Lighter RH
QFEX
Deribit
Paradex
Extended
Arcus
Popdex
Aevo
Bybit
OKX
Orderly
Polymarket Perps
Bitget
Binance
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 | −0.230% | +0.0220% | 1h | $162K | $135K | 30x | as long as short |
| edgeX METAUSDCshort | −0.183% | +0.0080% | 4h | $60K | $322K | 10x | |
| Phoenix META | −0.144% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| ApeX Omni METAUSDT | −0.136% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.077% | +0.0050% | 1h | $850K | $2.6M | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.031% | +0.0056% | 1h | $648K | $4.9M | 10x | as long as short |
| Variational Omni META | −0.024% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phemex METAUSDT | −0.024% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| HTX META-USDT | −0.020% | 0.0000% | 8h | $101K | $265K | 30x | as long as short |
| SoDEX META-USDlong | 0.000% | +0.0050% | 1h | $24K | $3K | 10x |