META

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.034%

Price spread now: ApeX Omni against Arcus−0.030%53s7-day average −0.017% · you buy dearer than you sell

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

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

costs, in and out, $10k−$620.618% of the position

Long on Arcus Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.034%−$3 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.030%, 7d avg −0.017%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 53 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	Arcus META-USD	740.04	0.0040	pay 0.0005% / 1h	59m 51s	$110K	$330K	10x
Short	ApeX Omni METAUSDT	739.82	0.0100	get 0.0013% / 1h	59m 51s	$166K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.030%Rate

Funding earned: $12.54
Price spread: −0.030% → −0.017%: −$1.31
Slippage, 4 orders: −$47.26
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$50.53
Costs to cover: 0.618%
Break-even: 35.2 days

Slippage from Arcus: live order book, 4 min ago; ApeX Omni: live order book, 1 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 Arcus live order book, 4 min ago	3.17 bp	6.6 bp −$7	11.5 bp −$115	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 1 min ago	2.57 bp	20.2 bp −$20	546.4 bp −$5,464	doesn't fit	doesn't fit

META on 35 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
Nado META-PERP	−0.0112%	1h	740.17	+0.018%	$478K	$548K	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.63	+0.080%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.40	+0.049%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.52	+0.065%	$27.3M	$178.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.48	+0.059%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.60	+0.076%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.45	+0.055%	$355K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.60	+0.076%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.45	+0.055%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.44	+0.054%	$12K	$431K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	740.39	+0.047%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.75	−0.039%	$31K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.31	+0.036%	$105K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.49	+0.061%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.43	+0.053%	$2.1M	$13.7M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.43	+0.053%	$761K	$3.0M	20x	as long as short
Arcus META-USDlong	+0.0040%	1h	740.04	long leg	$110K	$330K	10x
Vest META-USD-PERP	+0.0046%	1h	740.65	+0.082%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.59	+0.074%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.36	+0.043%	$558K	$547K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.34	+0.041%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.99	−0.007%	$697K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0054%	8h	740.39	+0.048%	—	—	5x	as long as short
edgeX METAUSDC	+0.0060%	4h	740.31	+0.036%	$62K	$336K	10x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.91	+0.117%	$49K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.55	+0.069%	$1.6M	$498K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	739.82	−0.030%	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.37	+0.045%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.15	+0.015%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	740.66	+0.084%	$609K	$7.1M	10x	as long as short
Hotstuff META-PERP	+0.0136%	1h	740.62	+0.078%	$33K	$105	20x	as long as short
Lighter META	+0.0144%	1h	740.53	+0.066%	$860K	$2.4M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.35	+0.312%	$171K	$48K	30x	as long as short
Phoenix META	+0.0313%	1h	741.07	+0.139%	$469K	$1.1M	20x	as long as short
tradeXYZ xyz:META	+0.0352%	1h	740.43	+0.053%	$68.3M	$119.7M	20x	as long as short