Spread before costs (cost unknown: a leg has no order-book sample)+0.321%
7d average—if it closes, per $10,000$32funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 732.45 | 0 | get 0.0000% / 8h | 6h 46m | $1.4M | $2.2M | — |
| Short | SoDEX META-USD | 734.80 | 0.0050 | get 0.0006% / 1h | 46m 02s | $24K | $3K | 10x |
Variational Omni META
SoDEX 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
- $32.11
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $25.61
- Spread needed to break even
- 0.080%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; SoDEX: 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 Variational Omni RFQ quote, 5 min ago | 2.61 bp | doesn't fit | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Variational Omni732.45cheapest
Injective732.81+0.049%Aftermath Perps733.48+0.141%Phoenix733.54+0.149%Ondo Perps733.59+0.156%ApeX Omni733.68+0.168%edgeX734.12+0.229%Phemex734.23+0.243%Gate734.41+0.268%Nado734.55+0.286%Hotstuff734.65+0.301%Coinbase International734.78+0.318%tradeXYZ734.79+0.320%
Injective
Phoenix
Ondo Perps
ApeX Omni
Phemex
Gate
Nado
Hotstuff
Coinbase International
tradeXYZSoDEX734.80+0.321%
Deribit734.80+0.321%Aevo734.81+0.322%Paradex734.84+0.326%Lighter RH734.86+0.329%KuCoin734.90+0.335%Lighter734.97+0.344%BloFin734.99+0.347%Orderly735.00+0.348%SunX735.00+0.348%QFEX735.01+0.350%Aster735.03+0.353%OKX735.04+0.354%Bitget735.08+0.359%Extended735.09+0.360%Bybit735.09+0.361%Popdex735.12+0.365%Binance735.16+0.370%HTX735.16+0.370%Arcus735.19+0.374%Vest735.25+0.383%Polymarket Perps735.26+0.384%
Deribit
Aevo
Paradex
Lighter RH
KuCoin
Lighter
BloFin
Orderly
SunX
QFEX
Aster
OKX
Bitget
Extended
Bybit
Popdex
Binance
HTX
Arcus
Vest
Polymarket PerpsMETA 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 | $2.2M | — | |
| Injective META/USDC PERP | +0.049% | +0.0220% | 1h | $167K | $101K | 30x | as long as short |
| Aftermath Perps METAUSD | +0.141% | +0.0268% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | +0.149% | +0.0055% | 1h | $251K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | +0.156% | +0.0050% | 1h | $759K | $3.0M | 10x | as long as short |
| ApeX Omni METAUSDT | +0.168% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| edgeX METAUSDC | +0.229% | +0.0091% | 4h | $61K | $327K | 10x | as long as short |
| Phemex METAUSDT | +0.243% | −0.0030% | 4h | $1.9M | $5K | 10x | as long as short |
| Gate META_USDT | +0.268% | 0.0000% | 8h | $345K | $4.0M | 100x | as long as short |
| Nado META-PERP | +0.286% | +0.0004% | 1h | $389K | $172K | 20x | as long as short |