Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: SoDEX against Aevo−0.046%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.046% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP742.240.0104pay 0.0013% / 1h26m 10s$26710x
ShortSoDEX META-USD741.900.0050get 0.0006% / 1h26m 10s$24K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$11.34
Price spread: −0.046% → 0.000%
−$4.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$39.94
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell SoDEX no order-book sample
Aevo and 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 on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h742.10−0.019%$335K$1.1M20xas long as short
Nado META-PERP−0.0008%1h741.81−0.059%$477K$560K20xas long as short
Aster METAUSDT0.0000%8h743.00+0.102%$487K$603K20xas long as short
Extended META_24_5-USD0.0000%1h741.90−0.047%$544K$3.4M17xas long as short
Binance METAUSDT0.0000%8h742.09−0.020%$25.9M$191.3M20xas long as short
Bybit METAUSDT0.0000%8h741.95−0.039%$7.5M$15.6M100xas long as short
OKX META-USDT-SWAP0.0000%8h742.13−0.015%$6.0M$12.8M20xas long as short
Gate META_USDT0.0000%8h741.69−0.074%$480K$6.3M100xas long as short
Bitget METAUSDT0.0000%8h742.03−0.028%$5.7M$12.2M100xas long as short
Variational Omni META0.0000%8h743.94+0.229%$2.5M$3.0Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h744.00+0.237%$12K$437K10xas long as short
SunX META-USDT0.0000%8h742.05−0.026%$830$7.7M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h741.67−0.077%$41K$265K10xas long as short
HTX META-USDT0.0000%8h741.68−0.076%$107K$300K30xas long as short
Phemex METAUSDT0.0000%4h742.57+0.044%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h742.10−0.019%$792K$2.9M20xas long as short
QFEX META-USD+0.0036%1h741.73−0.069%$2.2M$14.1M10xas long as short
Arcus META-USD+0.0040%1h741.55−0.093%$111K$337K10xas long as short
Vest META-USD-PERP+0.0046%1h742.61+0.050%$12K25xas long as short
Popdex METAUSDT+0.0048%1h742.18−0.008%$179K$204K20xas long as short
Polymarket Perps META-USD+0.0050%1h741.82−0.057%$564K$619K10xas long as short
SoDEX META-USDshort+0.0050%1h741.90−0.046%$24K$3K10x
Ondo Perps META-USD.P+0.0050%1h741.50−0.100%$737K$5.0M10xas long as short
Paradex META-USD-PERP+0.0055%8h741.68−0.075%5xas long as short
Aftermath Perps METAUSD+0.0078%1h742.90+0.088%$51K$93K10xas long as short
Pacifica META+0.0100%1h741.95−0.040%$605$2K10xas long as short
KuCoin METAUSDTM+0.0100%8h742.240.000%$1.6M$772K20xas long as short
ApeX Omni METAUSDT+0.0100%1h743.23+0.133%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h742.40+0.021%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h742.24long leg$26710x
Coinbase International META-PERP-INTX+0.0120%1h741.74−0.068%$633K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h745.70+0.466%$176K$52K30xas long as short
Hotstuff META-PERP+0.0280%1h742.25+0.001%$33K$10520xas long as short
Lighter META+0.0280%1h742.21−0.004%$1.2M$2.9M20xas long as short
tradeXYZ xyz:META+0.0301%1h741.88−0.049%$84.5M$133.5M20xas long as short
edgeX METAUSDC+0.0672%4h743.87+0.220%$63K$348K10xas long as short
Phoenix META+0.0791%1h744.68+0.329%$795K$1.5M20xas long as short