Spread before costs (cost unknown: a leg has no order-book sample)+0.032%
7d average—if it closes, per $10,000$3funding while held, a day+$5.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:META | 744.19 | 0.0050 | pay 0.0006% / 1h | 3m 28s | $77.1M | $92.1M | 20x |
| Short | Hotstuff META-PERP | 744.43 | 0.0240 | get 0.0030% / 1h | 3m 28s | $33K | $105 | 20x |
tradeXYZ xyz:META
Hotstuff META-PERPPrice 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
- $3.22
- Funding while held
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$14.08
- Spread needed to break even
- 0.230%
Slippage unknown: tradeXYZ: live order book, 8 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0190%
- Per $10,000 a day
- +$5.70
- 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 tradeXYZ live order book, 8 min ago | 0.07 bp | 9.1 bp −$9 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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.Gate744.12cheapest
GatetradeXYZ744.19+0.009%
Ondo Perps744.31+0.026%KuCoin744.35+0.031%OKX744.40+0.038%
Ondo Perps
KuCoin
OKXHotstuff744.43+0.042%
Aster744.43+0.042%Paradex744.50+0.052%Lighter RH744.54+0.056%QFEX744.57+0.060%Injective744.57+0.060%Bybit744.58+0.062%Arcus744.59+0.063%Extended744.60+0.064%HTX744.63+0.069%Popdex744.64+0.070%Binance744.65+0.072%Bitget744.66+0.073%Lighter744.70+0.078%Deribit744.72+0.081%Polymarket Perps744.74+0.083%Nado744.76+0.086%SoDEX744.79+0.090%Aevo744.85+0.098%BloFin744.86+0.099%Orderly744.87+0.101%ApeX Omni744.94+0.110%SunX745.01+0.120%edgeX745.11+0.133%Phemex745.26+0.153%Vest745.42+0.175%Phoenix745.68+0.210%Coinbase International745.84+0.231%Aftermath Perps745.94+0.245%Variational Omni746.17+0.276%
Aster
Paradex
Lighter RH
QFEX
Injective
Bybit
Arcus
Extended
HTX
Popdex
Binance
Bitget
Lighter
Deribit
Polymarket Perps
Nado
SoDEX
Aevo
BloFin
Orderly
ApeX Omni
SunX
Phemex
Vest
Phoenix
Coinbase International
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.009% | 0.0000% | 8h | $359K | $4.8M | 100x | as long as short |
| tradeXYZ xyz:METAlong | 0.000% | +0.0050% | 1h | $77.1M | $92.1M | 20x | |
| Ondo Perps META-USD.P | +0.016% | +0.0050% | 1h | $712K | $3.6M | 10x | as long as short |
| KuCoin METAUSDTM | +0.021% | +0.0100% | 8h | $1.6M | $289K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.028% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Hotstuff META-PERPshort | +0.032% | +0.0240% | 1h | $33K | $105 | 20x | |
| Aster METAUSDT | +0.033% | 0.0000% | 8h | $458K | $432K | 20x | as long as short |
| Paradex META-USD-PERP | +0.042% | +0.0050% | 8h | — | — | 5x | as long as short |
| Lighter RH META | +0.047% | +0.0032% | 1h | $737K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.051% | +0.0026% | 1h | $2.2M | $12.4M | 10x | as long as short |