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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.038%7-day average −0.036% · 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 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.038%, 7d avg −0.036%
Together, before fees−0.011%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni METAUSDT741.820.0100pay 0.0013% / 1h53m 22s$166K$71K50x
ShortOndo Perps META-USD.P741.540.0050get 0.0006% / 1h53m 22s$702K$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$10.42
Price spread: −0.038% → −0.036%
−$0.14
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$25.55
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 55 min ago; Ondo Perps: 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 ApeX Omni live order book, 55 min ago2.62 bp39.2 bp −$39434.5 bp −$4,345doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo 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 37 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff META-PERP−0.1600%1h742.40+0.078%$33K$10520xas long as short
Aster METAUSDT0.0000%8h742.88+0.143%$493K$628K20xas long as short
Extended META_24_5-USD0.0000%1h742.08+0.036%$547K$3.3M17xas long as short
Binance METAUSDT0.0000%8h742.33+0.068%$25.9M$192.4M20xas long as short
Bybit METAUSDT0.0000%8h742.43+0.082%$7.7M$15.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h742.28+0.062%$6.1M$13.0M20xas long as short
Gate META_USDT0.0000%8h741.95+0.018%$454K$6.3M100xas long as short
Bitget METAUSDT0.0000%8h742.23+0.055%$5.7M$12.2M100xas long as short
Variational Omni META0.0000%8h742.47+0.087%$2.5M$3.0Mas long as short
GRVT META_USDT_Perp0.0000%8h742.66+0.113%$12K$435K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h742.29+0.063%$1K$7.3M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h741.92+0.013%$36K$257K10xas long as short
HTX META-USDT0.0000%8h742.12+0.040%$107K$299K30xas long as short
Phemex METAUSDT0.0000%4h742.98+0.156%$2.0M$8K10xas long as short
BloFin META-USDT+0.0004%8h742.70+0.119%$338K$1.1M20xas long as short
edgeX METAUSDC+0.0013%4h742.28+0.062%$62K$347K10xas long as short
Lighter RH META+0.0032%1h742.37+0.074%$847K$2.8M20xas long as short
QFEX META-USD+0.0038%1h742.27+0.061%$2.2M$14.0M10xas long as short
Arcus META-USD+0.0040%1h741.86+0.005%$111K$284K10xas long as short
Vest META-USD-PERP+0.0046%1h742.49+0.090%$11K25xas long as short
Polymarket Perps META-USD+0.0050%1h741.92+0.013%$559K$612K10xas long as short
SoDEX META-USD+0.0050%1h742.24+0.057%$24K$3K10xas long as short
Ondo Perps META-USD.Pshort+0.0050%1h741.54−0.038%$702K$5.0M10x
Paradex META-USD-PERP+0.0053%8h741.93+0.015%5xas long as short
Coinbase International META-PERP-INTX+0.0064%1h742.00+0.024%$644K$7.7M10xas long as short
Aftermath Perps METAUSD+0.0074%1h742.83+0.137%$53K$86K10xas long as short
Pacifica META+0.0100%1h741.75−0.009%$635$2K10xas long as short
KuCoin METAUSDTM+0.0100%8h742.33+0.069%$1.6M$867K20xas long as short
ApeX Omni METAUSDTlong+0.0100%1h741.82long leg$166K$71K50x
Orderly PERP_META_USDC_mythos+0.0100%8h742.32+0.067%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h742.10+0.038%$26710xas long as short
Popdex METAUSDT+0.0128%1h742.30+0.065%$179K$200K20xas long as short
Nado META-PERP+0.0134%1h741.77−0.006%$475K$552K20xas long as short
Injective META/USDC PERP+0.0220%1h743.75+0.260%$168K$61K30xas long as short
tradeXYZ xyz:META+0.0288%1h742.20+0.051%$86.0M$135.2M20xas long as short
Lighter META+0.0384%1h742.47+0.088%$1.2M$2.6M20xas long as short
Phoenix META+0.0613%1h743.08+0.170%$793K$1.5M20xas long as short