Spread before costs (cost unknown: a leg has no order-book sample)−0.012%
7d average—if it closes, per $10,000$1funding while held, a day−$1.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 727.06 | 0.0050 | pay 0.0006% / 1h | 34m 16s | $24K | $3K | 10x |
| Short | QFEX META-USD | 726.97 | 0.0016 | get 0.0002% / 1h | 34m 16s | $1.8M | $7.5M | 10x |
SoDEX META-USD
QFEX 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
- −$1.24
- Funding while held
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$20.26
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0034%
- Per $10,000 a day
- −$1.02
- 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 QFEX live order book, 6 min ago | 1.38 bp | 6.4 bp −$6 | 8.2 bp −$82 | 16.0 bp −$1,596 | 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.edgeX725.88cheapestGate726.54+0.091%Bybit726.77+0.123%HTX726.78+0.124%Binance726.80+0.128%Ondo Perps726.86+0.135%OKX726.87+0.137%Deribit726.95+0.148%
Gate
Bybit
HTX
Binance
Ondo Perps
OKX
DeribitQFEX726.97+0.151%
KuCoin726.97+0.151%Bitget726.97+0.151%Aevo727.01+0.156%Aftermath Perps727.04+0.160%
KuCoin
Bitget
AevoSoDEX727.06+0.163%
Popdex727.10+0.169%ApeX Omni727.13+0.173%Extended727.14+0.174%tradeXYZ727.15+0.175%Paradex727.16+0.176%Lighter RH727.16+0.177%Lighter727.21+0.184%Polymarket Perps727.30+0.196%Orderly727.34+0.202%SunX727.34+0.202%Arcus727.37+0.206%Aster727.41+0.211%Hotstuff727.48+0.221%Vest727.48+0.221%Nado727.55+0.231%Phemex727.56+0.232%Variational Omni727.65+0.244%Injective727.99+0.291%BloFin728.02+0.295%Phoenix728.32+0.337%Coinbase International728.45+0.355%
Popdex
ApeX Omni
Extended
tradeXYZ
Paradex
Lighter RH
Lighter
Polymarket Perps
Orderly
SunX
Arcus
Aster
Hotstuff
Vest
Nado
Phemex
Variational Omni
Injective
BloFin
Phoenix
Coinbase InternationalMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDC | −0.163% | +0.0604% | 4h | $61K | $324K | 10x | as long as short |
| Gate META_USDT | −0.072% | 0.0000% | 8h | $373K | $3.6M | 100x | as long as short |
| Bybit METAUSDT | −0.040% | 0.0000% | 8h | $7.6M | $8.8M | 100x | as long as short |
| HTX META-USDT | −0.039% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Binance METAUSDT | −0.035% | 0.0000% | 8h | $25.4M | $109.8M | 20x | as long as short |
| Ondo Perps META-USD.P | −0.028% | +0.0050% | 1h | $852K | $2.8M | 10x | as long as short |
| OKX META-USDT-SWAP | −0.026% | 0.0000% | 8h | $5.8M | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.015% | 0.0000% | 1h | $28K | $264K | 10x | as long as short |
| QFEX META-USDshort | −0.012% | +0.0016% | 1h | $1.8M | $7.5M | 10x | |
| KuCoin METAUSDTM | −0.012% | +0.0100% | 8h | $1.5M | $187K | 20x | as long as short |