Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average—if it closes, per $10,000$2funding while held, a day−$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 712.98 | 0.0046 | pay 0.0006% / 1h | 26m 30s | — | $6K | 25x |
| Short | Deribit META_USDC-PERPETUAL | 712.81 | 0 | get 0.0000% / 1h | 26m 30s | $29K | $246K | 10x |
Vest META-USD-PERP
Deribit META_USDC-PERPETUALPrice 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
- −$2.38
- Funding while held
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$12.75
- Spread needed to break even
- 0.090%
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 34 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.37
- 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 Deribit live order book, 34 min ago | 4.29 bp | 8.3 bp −$8 | 8.8 bp −$88 | doesn't fit | 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.ApeX Omni711.30cheapestedgeX711.95+0.091%Aftermath Perps712.38+0.152%Variational Omni712.43+0.159%Phoenix712.51+0.170%QFEX712.72+0.200%Ondo Perps712.75+0.204%HTX712.78+0.208%
ApeX Omni
Variational Omni
Phoenix
QFEX
Ondo Perps
HTXDeribit712.81+0.212%
Aevo712.93+0.228%Coinbase International712.94+0.231%SoDEX712.95+0.232%
Aevo
Coinbase International
SoDEXVest712.98+0.236%
Arcus712.99+0.238%Orderly712.99+0.238%Popdex713.01+0.240%Binance713.02+0.242%Polymarket Perps713.09+0.252%Nado713.11+0.254%Extended713.13+0.258%tradeXYZ713.17+0.263%Bybit713.17+0.263%OKX713.20+0.267%Bitget713.20+0.267%Gate713.22+0.270%Paradex713.30+0.281%Aster713.34+0.287%Lighter RH713.37+0.291%KuCoin713.42+0.298%Lighter713.44+0.301%Hotstuff713.45+0.302%BloFin713.48+0.306%SunX713.49+0.308%Phemex713.50+0.309%Injective713.75+0.344%
Arcus
Orderly
Popdex
Binance
Polymarket Perps
Nado
Extended
tradeXYZ
Bybit
OKX
Bitget
Gate
Paradex
Aster
Lighter RH
KuCoin
Lighter
Hotstuff
BloFin
SunX
Phemex
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.236% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| edgeX METAUSDC | −0.145% | +0.0810% | 4h | $60K | $322K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.084% | +0.0254% | 1h | $43K | $48K | 10x | as long as short |
| Variational Omni META | −0.077% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | −0.066% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| QFEX META-USD | −0.036% | +0.0033% | 1h | $1.8M | $5.3M | 10x | as long as short |
| Ondo Perps META-USD.P | −0.032% | +0.0050% | 1h | $917K | $2.3M | 10x | as long as short |
| HTX META-USDT | −0.028% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| Deribit META_USDC-PERPETUALshort | −0.024% | 0.0000% | 1h | $29K | $246K | 10x | |
| Aevo META-PERP | −0.008% | +0.0104% | 1h | $257 | — | 10x | as long as short |