META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%

Price spread now: Popdex against Aftermath Perps−0.092%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 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 −$1 a day on $10k at the current rate, and Popdex is 0.092% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$9 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	Aftermath Perps METAUSD	742.12	0.0076	pay 0.0010% / 1h	33m 10s	$50K	$82K	10x
Short	Popdex METAUSDT	741.43	0.0048	get 0.0006% / 1h	33m 10s	$178K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Aftermath Perps. 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 Aftermath PerpsbpFee PopdexbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$5.94
Price spread: −0.092% → 0.000%: −$9.24
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$30.58
Costs to cover: 0.154%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Popdex: live order book, 31 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Popdex live order book, 31 min ago	0.54 bp	9.1 bp −$9	12.7 bp −$127	doesn't fit	doesn't fit

Aftermath Perps: 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	741.36	−0.102%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0037%	1h	741.01	−0.149%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.67	−0.060%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.22	−0.121%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.47	−0.088%	$27.3M	$178.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.38	−0.099%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.48	−0.086%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.17	−0.127%	$345K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.45	−0.090%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	741.13	−0.133%	$2.3M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	741.41	−0.095%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.37	−0.101%	$801	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.71	−0.189%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.23	−0.119%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.37	−0.101%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.63	−0.065%	$763K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.20	−0.123%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	740.88	−0.167%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.57	−0.074%	—	$10K	25x	as long as short
Popdex METAUSDTshort	+0.0048%	1h	741.43	−0.092%	$178K	$199K	20x
Polymarket Perps META-USD	+0.0050%	1h	741.13	−0.133%	$558K	$539K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.41	−0.095%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.51	−0.216%	$702K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	741.14	−0.131%	—	—	5x	as long as short
Aftermath Perps METAUSDlong	+0.0076%	1h	742.12	long leg	$50K	$82K	10x
Coinbase International META-PERP-INTX	+0.0096%	1h	741.82	−0.040%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.55	−0.076%	$1.6M	$511K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.62	−0.202%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.33	−0.106%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.19	−0.125%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	743.52	+0.189%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	741.59	−0.071%	$861K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0248%	1h	741.47	−0.087%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0314%	4h	741.26	−0.115%	$62K	$336K	10x	as long as short
tradeXYZ xyz:META	+0.0341%	1h	741.53	−0.079%	$69.2M	$120.1M	20x	as long as short
Phoenix META	+0.0496%	1h	741.90	−0.029%	$530K	$1.1M	20x	as long as short