Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 729.17 | 0.0050 | pay 0.0006% / 1h | 11m 32s | $24K | $3K | 10x |
| Short | Ondo Perps META-USD.P | 729.05 | 0.0050 | get 0.0006% / 1h | 11m 32s | $849K | $2.8M | 10x |
SoDEX META-USD
Ondo Perps META-USD.PPrice 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
- −$1.65
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.63
- Spread needed to break even
- 0.130%
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.01
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
SoDEX and Ondo Perps: 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.Variational Omni728.52cheapestApeX Omni728.52+0.001%Phoenix728.56+0.006%Nado728.58+0.009%Hotstuff728.75+0.032%Bitget728.80+0.039%Coinbase International728.84+0.045%BloFin728.91+0.054%OKX728.94+0.058%Popdex728.95+0.060%Gate728.96+0.061%Binance728.99+0.065%Aftermath Perps729.01+0.068%Bybit729.02+0.069%
Variational Omni
ApeX Omni
Phoenix
Nado
Hotstuff
Bitget
Coinbase International
BloFin
OKX
Popdex
Gate
Binance
BybitOndo Perps729.05+0.073%
Polymarket Perps729.10+0.080%Phemex729.14+0.086%
Polymarket Perps
PhemexSoDEX729.17+0.090%
HTX729.18+0.091%Deribit729.19+0.093%KuCoin729.20+0.094%QFEX729.21+0.095%Aevo729.25+0.101%edgeX729.27+0.103%Aster729.30+0.107%Extended729.30+0.108%tradeXYZ729.34+0.113%Arcus729.39+0.120%SunX729.46+0.130%Orderly729.47+0.131%Paradex729.47+0.132%Vest729.49+0.134%Lighter RH729.59+0.148%Lighter729.61+0.150%Injective730.12+0.220%
HTX
Deribit
KuCoin
QFEX
Aevo
Aster
Extended
tradeXYZ
Arcus
SunX
Orderly
Paradex
Vest
Lighter RH
Lighter
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni META | −0.090% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| ApeX Omni METAUSDT | −0.089% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Phoenix META | −0.084% | +0.0100% | 1h | $248K | $361K | 20x | as long as short |
| Nado META-PERP | −0.081% | +0.0037% | 1h | $394K | $122K | 20x | as long as short |
| Hotstuff META-PERP | −0.058% | +0.0008% | 1h | $33K | $105 | 20x | as long as short |
| Bitget METAUSDT | −0.051% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.045% | +0.0040% | 1h | $677K | $5.7M | 10x | as long as short |
| BloFin META-USDT | −0.036% | −0.0120% | 8h | $326K | $612K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.032% | 0.0000% | 8h | $5.9M | $9.6M | 20x | as long as short |
| Popdex METAUSDT | −0.030% | +0.0048% | 1h | $176K | $165K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.029% | 0.0000% | 8h | $362K | $3.8M | 100x | as long as short |
| Binance METAUSDT | −0.025% | 0.0000% | 8h | $25.4M | $115.2M | 20x | as long as short |
| Aftermath Perps METAUSD | −0.022% | +0.0275% | 1h | $43K | $47K | 10x | as long as short |
| Bybit METAUSDT | −0.021% | 0.0000% | 8h | $7.5M | $9.0M | 100x | as long as short |
| Ondo Perps META-USD.Pshort | −0.016% | +0.0050% | 1h | $849K | $2.8M | 10x | |
| Polymarket Perps META-USD | −0.010% | +0.0050% | 1h | $662K | $481K | 10x | as long as short |
| Phemex METAUSDT | −0.004% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| SoDEX META-USDlong | 0.000% | +0.0050% | 1h | $24K | $3K | 10x | |
| HTX META-USDT | +0.001% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.003% | 0.0000% | 1h | $28K | $265K | 10x | as long as short |
| KuCoin METAUSDTM | +0.004% | +0.0100% | 8h | $1.5M | $182K | 20x | as long as short |
| QFEX META-USD | +0.005% | +0.0016% | 1h | $1.8M | $8.0M | 10x | as long as short |
| Aevo META-PERP | +0.011% | +0.0104% | 1h | $263 | — | 10x | as long as short |
| edgeX METAUSDC | +0.013% | +0.0810% | 4h | $61K | $324K | 10x | as long as short |
| Aster METAUSDT | +0.018% | 0.0000% | 8h | $449K | $113K | 20x | as long as short |
| Extended META_24_5-USD | +0.018% | 0.0000% | 1h | $539K | $1.4M | 17x | as long as short |
| tradeXYZ xyz:META | +0.023% | +0.0050% | 1h | $66.2M | $52.8M | 20x | as long as short |
| Arcus META-USD | +0.030% | +0.0040% | 1h | $271K | $292K | 10x | as long as short |
| SunX META-USDT | +0.040% | 0.0000% | 8h | $957 | $9.2M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.041% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Paradex META-USD-PERP | +0.042% | +0.0051% | 8h | — | — | 5x | as long as short |
| Vest META-USD-PERP | +0.044% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Lighter RH META | +0.058% | +0.0032% | 1h | $661K | $2.6M | 20x | as long as short |
| Lighter META | +0.060% | +0.0032% | 1h | $701K | $2.2M | 20x | as long as short |
| Injective META/USDC PERP | +0.130% | +0.0220% | 1h | $166K | $135K | 30x | as long as short |