Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:META | 728.88 | 0.0050 | pay 0.0006% / 1h | 7m 46s | $66.2M | $52.9M | 20x |
| Short | Orderly PERP_META_USDC_mythos | 728.91 | 0.0100 | get 0.0100% / 8h | 7h 07m | $1K | — | 10x |
tradeXYZ xyz:META
Orderly PERP_META_USDC_mythosPrice 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
- $0.41
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.09
- Spread needed to break even
- 0.240%
Slippage unknown: tradeXYZ: live order book, 13 min ago; Orderly: no order-book sample. 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 tradeXYZ live order book, 13 min ago | 0.55 bp | 9.7 bp −$10 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 Perps728.33cheapestApeX Omni728.52+0.026%HTX728.55+0.030%KuCoin728.57+0.033%Gate728.61+0.038%Deribit728.66+0.045%SunX728.68+0.048%SoDEX728.76+0.059%Hotstuff728.83+0.069%
Ondo Perps
ApeX Omni
HTX
KuCoin
Gate
Deribit
SunX
SoDEX
HotstufftradeXYZ728.88+0.076%
Aevo728.89+0.077%Bitget728.89+0.077%OKX728.90+0.078%
Aevo
Bitget
OKXOrderly728.91+0.080%
Binance728.93+0.082%Polymarket Perps728.94+0.084%QFEX728.95+0.085%Coinbase International728.95+0.085%Bybit728.96+0.086%Phemex728.96+0.086%Aster728.97+0.088%Lighter728.99+0.091%Lighter RH729.00+0.092%Popdex729.01+0.093%Phoenix729.01+0.093%Nado729.02+0.095%Arcus729.04+0.097%Extended729.04+0.098%BloFin729.09+0.104%Aftermath Perps729.20+0.120%Paradex729.21+0.121%edgeX729.27+0.129%Vest729.27+0.129%Variational Omni729.46+0.155%Injective730.12+0.246%
Binance
Polymarket Perps
QFEX
Coinbase International
Bybit
Phemex
Aster
Lighter
Lighter RH
Popdex
Phoenix
Nado
Arcus
Extended
BloFin
Paradex
Vest
Variational Omni
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 | −0.075% | +0.0050% | 1h | $849K | $2.8M | 10x | as long as short |
| ApeX Omni METAUSDT | −0.049% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| HTX META-USDT | −0.045% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| KuCoin METAUSDTM | −0.043% | +0.0100% | 8h | $1.5M | $184K | 20x | as long as short |
| Gate META_USDT | −0.037% | 0.0000% | 8h | $353K | $3.8M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.030% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| SunX META-USDT | −0.027% | 0.0000% | 8h | $940 | $9.3M | 20x | as long as short |
| SoDEX META-USD | −0.016% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Hotstuff META-PERP | −0.007% | +0.0104% | 1h | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:METAlong | 0.000% | +0.0050% | 1h | $66.2M | $52.9M | 20x |