Spread before costs (cost unknown: a leg has no order-book sample)+0.251%
7d average+0.017%if it closes, per $10,000$25funding while held, a day+$0.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 710.33 | 0 | get 0.0000% / 8h | 35m 14s | $1.4M | $1.9M | — |
| Short | Lighter RH META | 712.11 | 0.0032 | get 0.0004% / 1h | 35m 14s | $666K | $2.4M | 20x |
Variational Omni META
Lighter RH METAPrice 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
- $25.09
- Funding while held
- $0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $26.05
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, just now; Lighter RH: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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 | 2.47 bp | doesn't fit | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.70 bp | 4.1 bp −$4 | 9.1 bp −$91 | 41.2 bp −$4,116 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni710.33cheapest
Ondo Perps710.47+0.020%Phoenix710.58+0.036%Hotstuff710.77+0.062%ApeX Omni710.85+0.074%Paradex711.10+0.108%edgeX711.26+0.132%QFEX711.28+0.134%Arcus711.29+0.135%Popdex711.39+0.150%Polymarket Perps711.44+0.157%Aftermath Perps711.49+0.164%Aster711.50+0.165%Vest711.70+0.193%KuCoin711.75+0.200%Gate711.76+0.202%Aevo711.78+0.205%Orderly711.83+0.212%SoDEX711.93+0.226%Deribit711.96+0.230%Coinbase International711.97+0.231%HTX711.97+0.231%BloFin711.98+0.233%Extended711.99+0.234%Bybit712.01+0.237%Nado712.09+0.248%
Ondo Perps
Phoenix
Hotstuff
ApeX Omni
Paradex
QFEX
Arcus
Popdex
Polymarket Perps
Aster
Vest
KuCoin
Gate
Aevo
Orderly
SoDEX
Deribit
Coinbase International
HTX
BloFin
Extended
Bybit
NadoLighter RH712.11+0.251%
Lighter712.12+0.252%tradeXYZ712.13+0.254%SunX712.23+0.268%Phemex712.26+0.272%OKX712.31+0.279%Injective712.37+0.288%Binance712.40+0.292%Bitget712.41+0.293%
Lighter
tradeXYZ
SunX
Phemex
OKX
Injective
Binance
BitgetMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni METAlong | 0.000% | 0.0000% | 8h | $1.4M | $1.9M | — | |
| Ondo Perps META-USD.P | +0.020% | +0.0050% | 1h | $845K | $2.5M | 10x | as long as short |
| Phoenix META | +0.036% | +0.0090% | 1h | $230K | $284K | 20x | as long as short |
| Hotstuff META-PERP | +0.062% | +0.0088% | 1h | $32K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | +0.074% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Paradex META-USD-PERP | +0.108% | +0.0052% | 8h | — | — | 5x | as long as short |
| edgeX METAUSDC | +0.132% | +0.0822% | 4h | $60K | $324K | 10x | as long as short |
| QFEX META-USD | +0.134% | +0.0028% | 1h | $1.8M | $5.9M | 10x | as long as short |
| Arcus META-USD | +0.135% | +0.0088% | 1h | $280K | $249K | 10x | as long as short |
| Popdex METAUSDT | +0.150% | +0.0048% | 1h | $166K | $155K | 20x | as long as short |