META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.001%

Price spread now: Orderly against Binance−0.003%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance METAUSDT	743.96	0	get 0.0000% / 8h	2h 15m	$27.6M	$182.8M	20x
Short	Orderly PERP_META_USDC_mythos	743.94	0.0100	get 0.0100% / 8h	2h 15m	$1K	$24	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.003%Rate

Funding earned: $21
Price spread: −0.003% → 0.000%: −$0.33
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $4.67
Costs to cover: 0.160%
Break-even: 5.4 days

Slippage unknown: Binance: live order book, 13 min ago; Orderly: 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 Binance live order book, 13 min ago	0.07 bp	6.3 bp −$6	13.5 bp −$135	54.7 bp −$5,472	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Deribit META_USDC-PERPETUAL	−0.0207%	1h	743.50	−0.062%	$31K	$264K	10x	as long as short
BloFin META-USDT	−0.0120%	8h	743.90	−0.009%	$330K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.05	+0.012%	$479K	$590K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.77	−0.026%	$544K	$2.6M	17x	as long as short
Binance METAUSDTlong	0.0000%	8h	743.96	long leg	$27.6M	$182.8M	20x
Bybit METAUSDT	0.0000%	8h	743.89	−0.010%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.91	−0.007%	$6.0M	$12.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.52	−0.060%	$440K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.06	+0.013%	$5.6M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	743.82	−0.019%	$2.4M	$3.2M	—	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	743.82	−0.019%	$12K	$443K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.02	+0.007%	$755	$8.4M	20x	as long as short
HTX META-USDT	0.0000%	8h	743.77	−0.026%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.28	+0.042%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0012%	1h	743.68	−0.038%	$481K	$558K	20x	as long as short
Lighter RH META	+0.0032%	1h	744.27	+0.041%	$761K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.45	−0.069%	$109K	$331K	10x	as long as short
edgeX METAUSDC	+0.0042%	4h	743.62	−0.046%	$62K	$341K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.40	+0.059%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	743.95	−0.002%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.99	+0.003%	$178K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.77	−0.026%	$585K	$562K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.98	+0.002%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.21	−0.101%	$745K	$4.9M	10x	as long as short
Paradex META-USD-PERP	+0.0071%	8h	743.87	−0.013%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	744.27	+0.041%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.91	−0.007%	$1.6M	$652K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.01	−0.128%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythosshort	+0.0100%	8h	743.94	−0.003%	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	743.85	−0.016%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	743.43	−0.072%	$654K	$7.8M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.01	+0.275%	$172K	$46K	30x	as long as short
Lighter META	+0.0296%	1h	744.30	+0.045%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0360%	1h	744.36	+0.053%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0445%	1h	744.47	+0.068%	$75.4M	$125.4M	20x	as long as short
Phoenix META	+0.0685%	1h	744.89	+0.124%	$795K	$1.4M	20x	as long as short