META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.033%

Price spread now: Aevo against Arcus+0.026%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Aevo

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.026% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus META-USD	739.69	0.0063	pay 0.0008% / 1h	8m 35s	$110K	$331K	10x
Short	Aevo META-PERP	739.89	0.0104	get 0.0013% / 1h	8m 35s	$266	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Arcus. 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 ArcusbpFee AevobpOrdersPrice spread, now +0.026%Rate

Funding earned: $8.64
Price spread: +0.026% → 0.000%: $2.64
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$9.22
Costs to cover: 0.205%
Break-even: 14.5 days

Slippage unknown: Arcus: live order book, 65 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 65 min ago	1.75 bp	4.0 bp −$4	9.4 bp −$94	12.6 bp −$1,257	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	740.10	+0.055%	$326K	$1.1M	20x	as long as short
Nado META-PERP	−0.0081%	1h	739.79	+0.013%	$451K	$464K	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.92	+0.031%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.00	+0.043%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.19	+0.068%	$27.4M	$179.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.42	+0.099%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.18	+0.066%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.10	+0.055%	$349K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.14	+0.061%	$5.6M	$11.2M	100x	as long as short
Variational Omni META	0.0000%	8h	739.81	+0.016%	$2.4M	$3.3M	—	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	740.32	+0.085%	$12K	$459K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.39	+0.095%	$897	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.80	+0.015%	$30K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.90	+0.028%	$105K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.09	+0.054%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	740.27	+0.078%	$752K	$3.2M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.37	+0.092%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.19	+0.068%	$178K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.98	+0.039%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.05	+0.049%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.69	0.000%	$666K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.96	+0.037%	$2.2M	$14.2M	10x	as long as short
Paradex META-USD-PERP	+0.0060%	8h	739.97	+0.038%	—	—	5x	as long as short
Arcus META-USDlong	+0.0063%	1h	739.69	long leg	$110K	$331K	10x
Aftermath Perps METAUSD	+0.0069%	1h	740.49	+0.108%	$48K	$80K	10x	as long as short
Hotstuff META-PERP	+0.0072%	1h	740.10	+0.055%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.17	+0.065%	$1.6M	$450K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.42	−0.037%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.06	+0.050%	$1K	$24	10x	as long as short
Aevo META-PERPshort	+0.0104%	1h	739.89	+0.026%	$266	—	10x
Coinbase International META-PERP-INTX	+0.0144%	1h	739.80	+0.015%	$614K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0162%	1h	740.08	+0.053%	$67.7M	$120.8M	20x	as long as short
Lighter META	+0.0200%	1h	740.24	+0.074%	$852K	$2.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.98	+0.310%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	740.42	+0.099%	$321K	$930K	20x	as long as short
edgeX METAUSDC	+0.0434%	4h	739.92	+0.031%	$62K	$334K	10x	as long as short