Spread before costs (cost unknown: a leg has no order-book sample)−0.039%
7d average—if it closes, per $10,000$4funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 725.85 | 0 | get 0.0000% / 8h | 7h 45m | $1.3M | $2.1M | — |
| Short | Orderly PERP_META_USDC_mythos | 725.56 | 0.0100 | get 0.0100% / 8h | 7h 45m | $1K | — | 10x |
Price 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
- −$3.93
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.93
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 5 min ago | 3.62 bp | doesn't fit | 15.2 bp −$152 | 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.META 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 | −0.429% | +0.0050% | 1h | $847K | $2.7M | 10x | as long as short |
| edgeX METAUSDC | −0.349% | +0.0308% | 4h | $61K | $325K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.330% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Aftermath Perps METAUSD | −0.248% | +0.0228% | 1h | $43K | $47K | 10x | as long as short |
| OKX META-USDT-SWAP | −0.216% | 0.0000% | 8h | $5.8M | $9.3M | 20x | as long as short |
| Arcus META-USD | −0.206% | +0.0040% | 1h | $280K | $275K | 10x | as long as short |
| Phoenix META | −0.167% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Bybit METAUSDT | −0.133% | 0.0000% | 8h | $7.6M | $8.6M | 100x | as long as short |
| Binance METAUSDT | −0.131% | 0.0000% | 8h | $25.6M | $106.5M | 20x | as long as short |
| Lighter META | −0.127% | +0.0032% | 1h | $697K | $2.2M | 20x | as long as short |
Variational Omni META
ApeX Omni
OKX
Phoenix
Bybit
Binance
Lighter
Lighter RH
Coinbase International
tradeXYZ
Phemex
Paradex
Gate
BloFin
KuCoin
Extended
Aster
Popdex
HTX
SoDEX
Deribit
Injective
Bitget
Polymarket Perps
SunX