Spread before costs (cost unknown: a leg has no order-book sample)+0.048%
7d average−0.014%if it closes, per $10,000$5funding while held, a day+$10.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 712.60 | 0 | get 0.0000% / 8h | 1h 35m | $1.4M | $1.8M | — |
| Short | Arcus META-USD | 712.94 | 0.0356 | get 0.0044% / 1h | 35m 10s | $284K | $240K | 10x |
Variational Omni META
Arcus 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
- $4.77
- Funding while held
- $10.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $10.94
- Spread needed to break even
- 0.045%
Slippage unknown: Variational Omni: RFQ quote, just now; Arcus: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0356%
- Per $10,000 a day
- +$10.67
- 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 Variational Omni RFQ quote, just now | 3.05 bp | doesn't fit | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 20 min ago | 2.66 bp | 8.3 bp −$8 | 10.6 bp −$106 | 14.5 bp −$1,448 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni711.63cheapestOndo Perps711.88+0.035%Phoenix711.88+0.035%tradeXYZ712.05+0.059%Coinbase International712.13+0.070%Gate712.15+0.073%Hotstuff712.19+0.079%Phemex712.27+0.090%Deribit712.28+0.091%KuCoin712.35+0.101%Extended712.41+0.110%Nado712.42+0.110%SoDEX712.43+0.112%Aevo712.46+0.116%HTX712.46+0.117%OKX712.54+0.128%Lighter712.55+0.129%BloFin712.55+0.129%Aster712.56+0.130%Lighter RH712.56+0.131%Bitget712.56+0.131%Orderly712.57+0.132%
ApeX Omni
Ondo Perps
Phoenix
tradeXYZ
Coinbase International
Gate
Hotstuff
Phemex
Deribit
KuCoin
Extended
Nado
SoDEX
Aevo
HTX
OKX
Lighter
BloFin
Aster
Lighter RH
Bitget
OrderlyVariational Omni712.60+0.136%
Binance712.62+0.139%Bybit712.68+0.148%edgeX712.70+0.151%Paradex712.72+0.154%Vest712.74+0.156%Polymarket Perps712.74+0.156%Aftermath Perps712.84+0.170%
Binance
Bybit
Paradex
Vest
Polymarket PerpsArcus712.94+0.184%
QFEX713.04+0.198%Popdex713.20+0.221%SunX713.26+0.229%Injective713.75+0.298%
QFEX
Popdex
SunX
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.136% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Ondo Perps META-USD.P | −0.101% | +0.0050% | 1h | $921K | $2.2M | 10x | as long as short |
| Phoenix META | −0.101% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| tradeXYZ xyz:META | −0.077% | +0.0050% | 1h | $62.9M | $42.0M | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.066% | +0.0080% | 1h | $684K | $4.2M | 10x | as long as short |
| Gate META_USDT | −0.063% | 0.0000% | 8h | $395K | $2.8M | 100x | as long as short |
| Hotstuff META-PERP | −0.058% | +0.0064% | 1h | $32K | $105 | 20x | as long as short |
| Phemex METAUSDT | −0.046% | −0.0204% | 4h | $1.9M | $4K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.045% | 0.0000% | 1h | $29K | $244K | 10x | as long as short |
| KuCoin METAUSDTM | −0.035% | +0.0100% | 8h | $1.5M | $120K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended META_24_5-USD | −0.027% | +0.0024% | 1h | $509K | $1.3M | 17x | as long as short |
| Nado META-PERP | −0.026% | +0.0031% | 1h | $442K | $69K | 20x | as long as short |
| SoDEX META-USD | −0.024% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Aevo META-PERP | −0.020% | +0.0104% | 1h | $256 | — | 10x | as long as short |
| HTX META-USDT | −0.020% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| OKX META-USDT-SWAP | −0.008% | 0.0000% | 8h | $6.2M | $6.6M | 20x | as long as short |
| Lighter META | −0.007% | +0.0032% | 1h | $701K | $2.0M | 20x | as long as short |
| BloFin META-USDT | −0.007% | −0.0097% | 8h | $342K | $414K | 20x | as long as short |
| Aster METAUSDT | −0.006% | 0.0000% | 8h | $453K | $55K | 20x | as long as short |
| Lighter RH META | −0.006% | +0.0032% | 1h | $758K | $2.3M | 20x | as long as short |
| Bitget METAUSDT | −0.006% | 0.0000% | 8h | $4.8M | $5.5M | 100x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.004% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Variational Omni METAlong | 0.000% | 0.0000% | 8h | $1.4M | $1.8M | — | |
| Binance METAUSDT | +0.003% | +0.0023% | 8h | $25.8M | $75.0M | 20x | as long as short |
| Bybit METAUSDT | +0.011% | +0.0021% | 8h | $6.6M | $6.4M | 100x | as long as short |
| edgeX METAUSDC | +0.014% | +0.0978% | 4h | $60K | $323K | 10x | as long as short |
| Paradex META-USD-PERP | +0.017% | +0.0056% | 8h | — | — | 5x | as long as short |
| Vest META-USD-PERP | +0.020% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Polymarket Perps META-USD | +0.020% | +0.0050% | 1h | $648K | $465K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.034% | +0.0264% | 1h | $43K | $47K | 10x | as long as short |
| Arcus META-USDshort | +0.048% | +0.0356% | 1h | $284K | $240K | 10x | |
| QFEX META-USD | +0.062% | +0.0033% | 1h | $1.8M | $5.2M | 10x | as long as short |
| Popdex METAUSDT | +0.084% | +0.0048% | 1h | $164K | $147K | 20x | as long as short |
| SunX META-USDT | +0.093% | 0.0000% | 8h | $755 | $6.3M | 20x | as long as short |
| Injective META/USDC PERP | +0.161% | +0.0147% | 1h | $162K | $164K | 30x | as long as short |