Spread before costs (cost unknown: a leg has no order-book sample)−0.056%
7d average—if it closes, per $10,000$6funding while held, a day−$0.78
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 737.84 | 0.0046 | pay 0.0006% / 1h | 25m 18s | — | $9K | 25x |
| Short | QFEX META-USD | 737.43 | 0.0020 | get 0.0002% / 1h | 25m 18s | $1.8M | $9.5M | 10x |
Vest META-USD-PERP
QFEX 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
- −$5.56
- Funding while held
- −$0.78
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$18.33
- Spread needed to break even
- 0.120%
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0026%
- Per $10,000 a day
- −$0.78
- 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 QFEX live order book, 5 min ago | 1.63 bp | 6.6 bp −$7 | 7.7 bp −$77 | 17.2 bp −$1,719 | 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.Gate736.74cheapestNado736.97+0.031%KuCoin737.15+0.056%Paradex737.23+0.066%Ondo Perps737.30+0.076%HTX737.30+0.076%Aster737.34+0.081%SoDEX737.36+0.084%Deribit737.37+0.086%tradeXYZ737.38+0.087%Lighter RH737.41+0.091%
Gate
Nado
KuCoin
Paradex
Ondo Perps
HTX
Aster
SoDEX
Deribit
tradeXYZ
Lighter RHQFEX737.43+0.094%
Extended737.43+0.094%Bitget737.46+0.098%Popdex737.47+0.099%Coinbase International737.47+0.099%Polymarket Perps737.48+0.100%Binance737.50+0.103%Hotstuff737.53+0.107%Orderly737.53+0.107%ApeX Omni737.54+0.109%Aevo737.54+0.109%Bybit737.59+0.115%BloFin737.59+0.115%OKX737.62+0.119%Lighter737.64+0.122%Arcus737.65+0.124%SunX737.71+0.132%Phoenix737.72+0.133%Variational Omni737.81+0.145%
Extended
Bitget
Popdex
Coinbase International
Polymarket Perps
Binance
Hotstuff
Orderly
ApeX Omni
Aevo
Bybit
BloFin
OKX
Lighter
Arcus
SunX
Phoenix
Variational OmniVest737.84+0.149%
Aftermath Perps737.94+0.164%Phemex737.95+0.164%edgeX738.10+0.185%Injective740.01+0.444%
Phemex
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.149% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Nado META-PERP | −0.118% | +0.0019% | 1h | $390K | $173K | 20x | as long as short |
| KuCoin METAUSDTM | −0.094% | +0.0100% | 8h | $1.5M | $208K | 20x | as long as short |
| Paradex META-USD-PERP | −0.083% | +0.0051% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | −0.073% | +0.0050% | 1h | $775K | $3.1M | 10x | as long as short |
| HTX META-USDT | −0.073% | 0.0000% | 8h | $105K | $274K | 30x | as long as short |
| Aster METAUSDT | −0.068% | 0.0000% | 8h | $453K | $168K | 20x | as long as short |
| SoDEX META-USD | −0.065% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.064% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| tradeXYZ xyz:META | −0.062% | +0.0050% | 1h | $66.8M | $57.4M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH META | −0.058% | +0.0032% | 1h | $704K | $2.7M | 20x | as long as short |
| QFEX META-USDshort | −0.056% | +0.0020% | 1h | $1.8M | $9.5M | 10x | |
| Extended META_24_5-USD | −0.055% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| Bitget METAUSDT | −0.052% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| Popdex METAUSDT | −0.050% | +0.0048% | 1h | $173K | $175K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.050% | +0.0048% | 1h | $644K | $6.1M | 10x | as long as short |
| Polymarket Perps META-USD | −0.049% | +0.0050% | 1h | $668K | $483K | 10x | as long as short |
| Binance METAUSDT | −0.046% | 0.0000% | 8h | $25.8M | $128.7M | 20x | as long as short |
| Hotstuff META-PERP | −0.042% | −0.0048% | 1h | $33K | $105 | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.042% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| ApeX Omni METAUSDT | −0.041% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| Aevo META-PERP | −0.040% | +0.0104% | 1h | $266 | — | 10x | as long as short |
| Bybit METAUSDT | −0.034% | 0.0000% | 8h | $7.7M | $9.8M | 100x | as long as short |
| BloFin META-USDT | −0.034% | −0.0120% | 8h | $329K | $862K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.030% | 0.0000% | 8h | $5.9M | $10.3M | 20x | as long as short |
| Lighter META | −0.027% | +0.0064% | 1h | $852K | $2.5M | 20x | as long as short |
| Arcus META-USD | −0.026% | +0.0325% | 1h | $268K | $299K | 10x | as long as short |
| SunX META-USDT | −0.018% | 0.0000% | 8h | $680 | $9.3M | 20x | as long as short |
| Phoenix META | −0.016% | +0.0055% | 1h | $253K | $513K | 20x | as long as short |
| Variational Omni META | −0.004% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| Vest META-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $9K | 25x | |
| Aftermath Perps METAUSD | +0.014% | +0.0283% | 1h | $44K | $45K | 10x | as long as short |
| Phemex METAUSDT | +0.015% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| edgeX METAUSDC | +0.036% | +0.0858% | 4h | $62K | $328K | 10x | as long as short |
| Injective META/USDC PERP | +0.294% | +0.0220% | 1h | $168K | $101K | 30x | as long as short |