META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.034%

Price spread now: Arcus against ApeX Omni+0.098%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$830.830% of the position

Long on ApeX Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.033%+$3 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.098%, 7d avg +0.016%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.083% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.016%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	741.34	0.0100	pay 0.0013% / 1h	41m 14s	$166K	$71K	50x
Short	Arcus META-USD	742.07	0.0040	get 0.0005% / 1h	41m 14s	$110K	$330K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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 ApeX OmnibpFee ArcusbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$12.54
Price spread: +0.098% → +0.016%: $8.26
Slippage, 4 orders: −$68.49
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$87.28
Costs to cover: 0.830%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 15 min ago; Arcus: live order book, 17 min ago.

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 ApeX Omni live order book, 15 min ago	2.63 bp	37.5 bp −$38	337.7 bp −$3,377	doesn't fit	doesn't fit
Sell Arcus live order book, 17 min ago	3.30 bp	11.5 bp −$12	14.3 bp −$143	doesn't fit	doesn't fit

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	742.47	+0.152%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0046%	1h	742.05	+0.096%	$480K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.38	+0.140%	$466K	$551K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.42	+0.145%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.49	+0.155%	$27.5M	$180.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.36	+0.138%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.56	+0.165%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.09	+0.101%	$364K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.49	+0.155%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.05	+0.096%	$2.4M	$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	742.33	+0.134%	$12K	$436K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.76	+0.192%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.92	+0.078%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.37	+0.139%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.35	+0.136%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.56	+0.165%	$765K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	742.30	+0.129%	$2.1M	$13.7M	10x	as long as short
Arcus META-USDshort	+0.0040%	1h	742.07	+0.098%	$110K	$330K	10x
Vest META-USD-PERP	+0.0046%	1h	742.53	+0.161%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.54	+0.162%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.30	+0.129%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.51	+0.158%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.81	+0.063%	$710K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0061%	8h	742.27	+0.125%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	743.15	+0.244%	$51K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.59	+0.169%	$1.6M	$536K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	741.34	long leg	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.54	+0.162%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.41	+0.144%	$267	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	742.02	+0.092%	$614K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0136%	1h	742.49	+0.155%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.47	+0.422%	$172K	$48K	30x	as long as short
Lighter META	+0.0232%	1h	742.51	+0.158%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0264%	1h	742.57	+0.166%	$69.4M	$120.4M	20x	as long as short
edgeX METAUSDC	+0.0317%	4h	742.38	+0.140%	$62K	$335K	10x	as long as short
Phoenix META	+0.0591%	1h	743.35	+0.271%	$643K	$1.2M	20x	as long as short