META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.077%

Price spread now: Extended against ApeX Omni+0.012%72s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$700.700% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.012%, 7d avg +0.021%

Together, before fees−0.014%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	745.87	0.0100	pay 0.0013% / 1h	52m 00s	$167K	$71K	50x
Short	Extended META_24_5-USD	745.96	0	get 0.0000% / 1h	52m 00s	$548K	$2.7M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21
Price spread: +0.012% → +0.021%: −$0.92
Slippage, 4 orders: −$55.03
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$91.95
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 59 min ago; Extended: live order book, 2 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, 59 min ago	2.62 bp	28.9 bp −$29	371.1 bp −$3,711	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.54 bp	5.5 bp −$5	31.4 bp −$314	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	746.18	+0.042%	$333K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	747.25	+0.185%	$492K	$577K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	745.96	+0.012%	$548K	$2.7M	17x
Binance METAUSDT	0.0000%	8h	746.32	+0.060%	$28.3M	$181.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	746.14	+0.036%	$7.4M	$14.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.27	+0.054%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.52	−0.047%	$430K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	746.09	+0.030%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.62	+0.101%	$12K	$446K	10x	as long as short
SunX META-USDT	0.0000%	8h	746.10	+0.031%	$716	$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-PERPETUAL	0.0000%	1h	745.65	−0.029%	$31K	$255K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.80	−0.009%	$106K	$305K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	746.16	+0.039%	$2.0M	$8K	10x	as long as short
Arcus META-USD	+0.0040%	1h	745.86	−0.001%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.38	+0.068%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	746.07	+0.027%	$2.2M	$13.8M	10x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.80	−0.009%	$587K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	746.07	+0.027%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.48	−0.052%	$759K	$4.5M	10x	as long as short
Lighter RH META	+0.0064%	1h	746.38	+0.068%	$768K	$2.9M	20x	as long as short
Nado META-PERP	+0.0065%	1h	745.50	−0.049%	$482K	$557K	20x	as long as short
Paradex META-USD-PERP	+0.0073%	8h	746.12	+0.034%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	746.88	+0.136%	$52K	$82K	10x	as long as short
Bitget METAUSDT	+0.0087%	8h	746.32	+0.060%	$5.5M	$11.9M	100x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.27	+0.054%	$1.6M	$631K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	745.87	long leg	$167K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.13	+0.035%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.99	+0.016%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	746.41	+0.072%	$671K	$7.6M	10x	as long as short
Popdex METAUSDT	+0.0152%	1h	746.07	+0.027%	$179K	$199K	20x	as long as short
edgeX METAUSDC	+0.0218%	4h	745.98	+0.015%	$62K	$338K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.00	+0.420%	$173K	$46K	30x	as long as short
Lighter META	+0.0352%	1h	746.49	+0.083%	$978K	$2.5M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	746.18	+0.042%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0516%	1h	746.57	+0.094%	$72.6M	$122.3M	20x	as long as short
Phoenix META	+0.0685%	1h	748.29	+0.324%	$799K	$1.4M	20x	as long as short