META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.049%

Price spread now: SoDEX against Arcus+0.087%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 SoDEX

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

The price spread pays, funding is against you. SoDEX is 0.087% dearer against Arcus than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus META-USD	738.82	0.0063	pay 0.0008% / 1h	29m 40s	$110K	$331K	10x
Short	SoDEX META-USD	739.46	0.0050	get 0.0006% / 1h	29m 40s	$24K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$2.7
Price spread: +0.087% → 0.000%: $8.66
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$6.53
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 44 min ago; SoDEX: 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, 44 min ago	1.75 bp	4.0 bp −$4	9.4 bp −$94	12.6 bp −$1,257	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	739.50	+0.092%	$329K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.60	+0.105%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.39	+0.078%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.53	+0.096%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.62	+0.108%	$7.6M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.49	+0.091%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.05	+0.031%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.48	+0.089%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	739.38	+0.076%	$2.3M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	739.41	+0.080%	$12K	$471K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	739.80	+0.133%	$680	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.26	+0.060%	$30K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.25	+0.058%	$106K	$292K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.57	+0.102%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0009%	1h	739.07	+0.033%	$371K	$343K	20x	as long as short
Lighter RH META	+0.0032%	1h	739.64	+0.111%	$756K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.55	+0.099%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.42	+0.081%	$177K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.20	+0.051%	$557K	$857K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	739.46	+0.087%	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	738.70	−0.016%	$691K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.52	+0.095%	$2.2M	$14.2M	10x	as long as short
Arcus META-USDlong	+0.0063%	1h	738.82	long leg	$110K	$331K	10x
Paradex META-USD-PERP	+0.0066%	8h	739.35	+0.071%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	739.51	+0.094%	$48K	$80K	10x	as long as short
Hotstuff META-PERP	+0.0088%	1h	739.55	+0.099%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.52	+0.095%	$1.6M	$431K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	738.62	−0.027%	$165K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.56	+0.100%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.32	+0.067%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	738.49	−0.045%	$604K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0178%	1h	739.55	+0.099%	$67.5M	$121.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.02	+0.298%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	739.66	+0.114%	$851K	$2.5M	20x	as long as short
Phoenix META	+0.0259%	1h	739.35	+0.072%	$277K	$930K	20x	as long as short
edgeX METAUSDC	+0.0475%	4h	739.30	+0.065%	$62K	$335K	10x	as long as short