Spread before costs (cost unknown: a leg has no order-book sample)+0.704%
7d average—if it closes, per $10,000$70funding while held, a day+$0.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 683.58 | 0.0046 | pay 0.0006% / 1h | 29m 16s | — | $3K | 25x |
| Short | Binance METAUSDT | 688.39 | 0.0059 | get 0.0059% / 8h | 2h 29m | $24.4M | $38.5M | 20x |
Vest META-USD-PERP
Binance METAUSDTPrice 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
- $70.36
- Funding while held
- $0.4
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $58.76
- Spread needed to break even
- 0.120%
Slippage unknown: Vest: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0013%
- Per $10,000 a day
- +$0.40
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 0.07 bp | 7.2 bp −$7 | 12.5 bp −$125 | 45.1 bp −$4,514 | doesn't fit |
Vest: 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.Injective679.78cheapestHotstuff680.17+0.057%ApeX Omni680.26+0.071%edgeX680.29+0.075%KuCoin680.37+0.087%Variational Omni680.39+0.090%Paradex680.58+0.117%Phoenix680.65+0.128%Aftermath Perps680.91+0.166%Arcus681.85+0.305%Nado682.07+0.337%QFEX682.51+0.402%Polymarket Perps683.41+0.534%SoDEX683.49+0.546%
Injective
Hotstuff
ApeX Omni
KuCoin
Variational Omni
Paradex
Phoenix
Arcus
Nado
QFEX
Polymarket Perps
SoDEXVest683.58+0.559%
Popdex684.54+0.700%Aster684.83+0.743%Gate684.90+0.753%Ondo Perps685.30+0.812%tradeXYZ685.88+0.897%HTX686.67+1.014%Aevo686.94+1.054%Orderly687.02+1.065%Phemex687.03+1.067%Extended687.27+1.102%Bitget688.06+1.218%Coinbase International688.15+1.231%Deribit688.32+1.256%Lighter RH688.38+1.265%
Popdex
Aster
Gate
Ondo Perps
tradeXYZ
HTX
Aevo
Orderly
Phemex
Extended
Bitget
Coinbase International
Deribit
Lighter RHBinance688.39+1.267%
SunX688.43+1.272%Lighter688.52+1.286%Bybit688.63+1.302%BloFin688.68+1.309%OKX688.87+1.337%
SunX
Lighter
Bybit
BloFin
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.556% | +0.0220% | 1h | $205K | $149K | 30x | as long as short |
| Hotstuff META-PERP | −0.499% | +0.0048% | 1h | $30K | — | 20x | as long as short |
| ApeX Omni METAUSDT | −0.486% | +0.0100% | 1h | $83K | $34K | 50x | as long as short |
| edgeX METAUSDC | −0.482% | +0.0367% | 4h | $57K | $323K | 10x | as long as short |
| KuCoin METAUSDTM | −0.470% | +0.0100% | 8h | $1.4M | $73K | 20x | as long as short |
| Variational Omni META | −0.466% | 0.0000% | 8h | $1.6M | $1.1M | — | as long as short |
| Paradex META-USD-PERP | −0.439% | +0.0059% | 8h | — | — | 5x | as long as short |
| Phoenix META | −0.429% | +0.0211% | 1h | $254K | $145K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.391% | +0.0045% | 1h | $39K | $44K | 10x | as long as short |
| Arcus META-USD | −0.253% | +0.0472% | 1h | $272K | $219K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.221% | +0.0057% | 1h | $428K | $58K | 20x | as long as short |
| QFEX META-USD | −0.157% | +0.0050% | 1h | $1.8M | $3.9M | 10x | as long as short |
| Polymarket Perps META-USD | −0.025% | +0.0055% | 1h | $626K | $388K | 10x | as long as short |
| SoDEX META-USD | −0.013% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Vest META-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $3K | 25x | |
| Popdex METAUSDT | +0.140% | +0.0096% | 1h | $164K | $134K | 20x | as long as short |
| Aster METAUSDT | +0.183% | 0.0000% | 8h | $453K | $7K | 20x | as long as short |
| Gate META_USDT | +0.193% | 0.0000% | 8h | $453K | $1.4M | 100x | as long as short |
| Ondo Perps META-USD.P | +0.252% | +0.0050% | 1h | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:META | +0.336% | +0.0101% | 1h | $71.8M | $21.9M | 20x | as long as short |
| HTX META-USDT | +0.452% | 0.0000% | 8h | $101K | $262K | 30x | as long as short |
| Aevo META-PERP | +0.492% | +0.0104% | 1h | $247 | — | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.503% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Phemex METAUSDT | +0.505% | 0.0000% | 4h | $1.8M | $4K | 10x | as long as short |
| Extended META_24_5-USD | +0.540% | +0.0056% | 1h | $498K | $1.2M | 17x | as long as short |
| Bitget METAUSDT | +0.655% | +0.0011% | 8h | $4.8M | $4.0M | 100x | as long as short |
| Coinbase International META-PERP-INTX | +0.669% | +0.0104% | 1h | $684K | $3.2M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.693% | +0.1438% | 1h | $33K | $236K | 10x | as long as short |
| Lighter RH META | +0.702% | +0.0032% | 1h | $933K | $1.7M | 20x | as long as short |
| Binance METAUSDTshort | +0.704% | +0.0059% | 8h | $24.4M | $38.5M | 20x | |
| SunX META-USDT | +0.709% | 0.0000% | 8h | $636 | $4.6M | 20x | as long as short |
| Lighter META | +0.723% | +0.0192% | 1h | $697K | $1.7M | 20x | as long as short |
| Bybit METAUSDT | +0.739% | +0.0117% | 8h | $6.7M | $4.1M | 100x | as long as short |
| BloFin META-USDT | +0.746% | −0.0061% | 8h | $333K | $304K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.774% | 0.0000% | 8h | $5.9M | $4.5M | 20x | as long as short |