Spread before costs (cost unknown: a leg has no order-book sample)−0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 712.35 | 0.0050 | pay 0.0006% / 1h | 20m 39s | $24K | $3K | 10x |
| Short | KuCoin METAUSDTM | 712.25 | 0.0100 | get 0.0100% / 8h | 1h 20m | $1.5M | $124K | 20x |
SoDEX META-USD
KuCoin METAUSDTMPrice 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
- −$1.4
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$19.9
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 KuCoin live order book, 11 min ago | 6.61 bp | 21.5 bp −$22 | doesn't fit | 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.Ondo Perps711.11cheapesttradeXYZ711.34+0.032%Paradex711.41+0.042%Hotstuff711.51+0.056%OKX711.62+0.072%ApeX Omni711.64+0.075%Lighter711.65+0.076%edgeX711.65+0.077%Lighter RH711.66+0.077%Bybit711.66+0.077%Phoenix711.72+0.086%Bitget711.74+0.089%Binance711.76+0.091%Variational Omni711.81+0.099%QFEX711.84+0.103%Gate711.94+0.117%Nado711.97+0.121%Coinbase International712.00+0.125%Arcus712.02+0.128%Extended712.13+0.143%Aster712.15+0.147%Popdex712.16+0.148%Aftermath Perps712.20+0.153%Phemex712.20+0.153%Vest712.21+0.155%Deribit712.22+0.156%
Ondo Perps
tradeXYZ
Paradex
Hotstuff
OKX
ApeX Omni
Lighter
Lighter RH
Bybit
Phoenix
Bitget
Binance
Variational Omni
QFEX
Gate
Nado
Coinbase International
Arcus
Extended
Aster
Popdex
Phemex
Vest
DeribitKuCoin712.25+0.160%
HTX712.25+0.160%Polymarket Perps712.29+0.166%Aevo712.31+0.169%
HTX
Polymarket Perps
AevoSoDEX712.35+0.174%
Orderly712.39+0.180%BloFin712.58+0.207%SunX712.77+0.233%Injective713.75+0.371%
Orderly
BloFin
SunX
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.174% | +0.0050% | 1h | $914K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:META | −0.142% | +0.0050% | 1h | $63.0M | $43.7M | 20x | as long as short |
| Paradex META-USD-PERP | −0.132% | +0.0055% | 8h | — | — | 5x | as long as short |
| Hotstuff META-PERP | −0.118% | +0.0184% | 1h | $32K | $105 | 20x | as long as short |
| OKX META-USDT-SWAP | −0.102% | 0.0000% | 8h | $6.1M | $6.8M | 20x | as long as short |
| ApeX Omni METAUSDT | −0.100% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Lighter META | −0.098% | +0.0032% | 1h | $703K | $2.0M | 20x | as long as short |
| edgeX METAUSDC | −0.098% | +0.0383% | 4h | $60K | $323K | 10x | as long as short |
| Lighter RH META | −0.097% | +0.0032% | 1h | $727K | $2.4M | 20x | as long as short |
| Bybit METAUSDT | −0.097% | 0.0000% | 8h | $6.6M | $6.6M | 100x | as long as short |