META

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0203%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.009%

Price spread now: Nado against ApeX Omni+0.011%7-day average +0.011% · 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−$80as in the Price arb table

costs, in and out, $10k−$810.805% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.160%−$16 on $10k

Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.011%, 7d avg +0.011%

Together, before fees−0.287%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	740.21	0.0100	pay 0.0013% / 1h	1m 16s	$166K	$73K	50x
Short	Nado META-PERP	740.29	−0.0103	pay 0.0013% / 1h	1m 16s	$397K	$317K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.011%Rate

Funding earned: −$42.54
Price spread: +0.011% → +0.011%: $0.06
Slippage, 4 orders: −$63.51
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$123
Costs to cover: 0.805%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 20 min ago; Nado: live order book, 21 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, 20 min ago	2.63 bp	28.0 bp −$28	376.6 bp −$3,766	doesn't fit	doesn't fit
Sell Nado live order book, 21 min ago	0.47 bp	13.6 bp −$14	28.0 bp −$280	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	740.35	+0.019%	$329K	$1.1M	20x	as long as short
Nado META-PERPshort	−0.0103%	1h	740.29	+0.011%	$397K	$317K	20x
Hotstuff META-PERP	−0.0040%	1h	740.66	+0.061%	$33K	$105	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.97	+0.103%	$457K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.46	+0.033%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.53	+0.043%	$26.9M	$177.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.53	+0.043%	$7.4M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.32	+0.015%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.98	−0.031%	$318K	$5.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.58	+0.050%	$5.8M	$11.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	740.46	+0.034%	$1.6M	$2.5M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.42	+0.028%	$12K	$521K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.99	+0.105%	$953	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.55	+0.046%	$30K	$256K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.30	+0.012%	$105K	$283K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.50	+0.039%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0012%	1h	740.44	+0.031%	$2.2M	$14.2M	10x	as long as short
Lighter META	+0.0032%	1h	740.73	+0.070%	$860K	$2.6M	20x	as long as short
Lighter RH META	+0.0032%	1h	740.75	+0.073%	$748K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.29	+0.011%	$263K	$313K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.91	+0.095%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.52	+0.042%	$178K	$201K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.62	+0.055%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.46	+0.034%	$24K	$3K	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.38	+0.023%	—	—	5x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.24	+0.004%	$649K	$4.0M	10x	as long as short
Aftermath Perps METAUSD	+0.0052%	1h	741.03	+0.111%	$45K	$61K	10x	as long as short
tradeXYZ xyz:META	+0.0053%	1h	740.70	+0.066%	$68.5M	$120.6M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0080%	1h	740.26	+0.007%	$607K	$7.3M	10x	as long as short
Phoenix META	+0.0097%	1h	740.62	+0.055%	$291K	$782K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.32	+0.015%	$1.6M	$354K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	740.21	long leg	$166K	$73K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.50	+0.039%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.34	+0.018%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.24	+0.004%	$168K	$46K	30x	as long as short
edgeX METAUSDC	+0.0972%	4h	740.41	+0.028%	$62K	$330K	10x	as long as short