META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.020%

Price spread now: Deribit against Aevo−0.036%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.036% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo META-PERP	745.79	0.0104	pay 0.0013% / 1h	55m 00s	$268	—	10x
Short	Deribit META_USDC-PERPETUAL	745.52	0	get 0.0000% / 1h	55m 00s	$31K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee DeribitbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$21.84
Price spread: −0.036% → 0.000%: −$3.64
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$48.48
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 58 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Deribit live order book, 58 min ago	0.07 bp	3.6 bp −$4	5.7 bp −$57	doesn't fit	doesn't fit

Aevo: 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 on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	746.09	+0.040%	$333K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.56	+0.103%	$492K	$577K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.92	+0.017%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.13	+0.046%	$28.4M	$181.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.98	+0.025%	$7.4M	$14.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.16	+0.049%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.77	−0.003%	$430K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	746.09	+0.041%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.62	+0.111%	$12K	$446K	10x	as long as short
SunX META-USDT	0.0000%	8h	746.01	+0.029%	$903	$8.6M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit META_USDC-PERPETUALshort	0.0000%	1h	745.52	−0.036%	$31K	$255K	10x
HTX META-USDT	0.0000%	8h	745.95	+0.021%	$106K	$305K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	746.46	+0.090%	$2.0M	$8K	10x	as long as short
Arcus META-USD	+0.0040%	1h	746.17	+0.051%	$111K	$331K	10x	as long as short
Nado META-PERP	+0.0045%	1h	745.40	−0.052%	$482K	$556K	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.30	+0.068%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	745.95	+0.021%	$2.2M	$13.8M	10x	as long as short
Lighter RH META	+0.0048%	1h	746.18	+0.052%	$768K	$2.9M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.64	−0.020%	$587K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.95	+0.021%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.31	−0.065%	$759K	$4.5M	10x	as long as short
Popdex METAUSDT	+0.0064%	1h	746.05	+0.035%	$179K	$199K	20x	as long as short
Paradex META-USD-PERP	+0.0067%	8h	745.85	+0.007%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	746.88	+0.146%	$52K	$82K	10x	as long as short
Bitget METAUSDT	+0.0099%	8h	746.17	+0.051%	$5.5M	$11.9M	100x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.21	+0.056%	$1.6M	$630K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	745.87	+0.011%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.98	+0.025%	$1K	$24	10x	as long as short
Aevo META-PERPlong	+0.0104%	1h	745.79	long leg	$268	—	10x
Coinbase International META-PERP-INTX	+0.0128%	1h	746.41	+0.083%	$671K	$7.6M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.00	+0.430%	$173K	$46K	30x	as long as short
Lighter META	+0.0312%	1h	746.19	+0.053%	$958K	$2.5M	20x	as long as short
edgeX METAUSDC	+0.0383%	4h	746.75	+0.129%	$62K	$338K	10x	as long as short
Hotstuff META-PERP	+0.0432%	1h	746.68	+0.119%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0493%	1h	746.30	+0.068%	$72.4M	$122.4M	20x	as long as short
Phoenix META	+0.0633%	1h	748.29	+0.335%	$799K	$1.4M	20x	as long as short