META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.005%

Price spread now: SunX against BloFin−0.054%55s7-day average +0.004% · you buy dearer than you sell

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

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.054%, 7d avg +0.004%

Together, before fees+0.220%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.058% cheaper against BloFin than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.004%). If the spread goes back, that is −$6 on $10k: about 39 hours of funding at the current rate (+$4 a day). The two prices were read 55 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	BloFin META-USDT	745.95	−0.0120	get 0.0120% / 8h	3h 23m	$330K	$1.1M	20x
Short	SunX META-USDT	745.55	0	get 0.0000% / 8h	3h 23m	$778	$9.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $25.2
Price spread: −0.054% → +0.004%: −$5.78
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$0.58
Costs to cover: 0.200%
Break-even: 7.2 days

Slippage unknown: BloFin: live order book, 8 min ago; SunX: live order book, 5 min ago. 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 BloFin live order book, 8 min ago	0.07 bp	6.7 bp −$7	10.4 bp −$104	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	500.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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-USDTlong	−0.0120%	8h	745.95	long leg	$330K	$1.1M	20x
Aster METAUSDT	0.0000%	8h	746.12	+0.023%	$470K	$577K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.74	−0.028%	$554K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.99	+0.005%	$28.5M	$182.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.89	−0.008%	$7.5M	$14.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.85	−0.013%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.29	−0.088%	$379K	$5.8M	100x	as long as short
Variational Omni META	0.0000%	8h	745.90	−0.007%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.71	+0.102%	$12K	$452K	10x	as long as short
SunX META-USDTshort	0.0000%	8h	745.55	−0.054%	$778	$9.0M	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.50	−0.060%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.68	−0.036%	$106K	$303K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.87	−0.011%	$2.0M	$8K	10x	as long as short
Nado META-PERP	0.0000%	1h	745.41	−0.072%	$482K	$554K	20x	as long as short
Bitget METAUSDT	+0.0009%	8h	745.52	−0.058%	$5.5M	$11.8M	100x	as long as short
Lighter RH META	+0.0032%	1h	746.02	+0.009%	$783K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	745.68	−0.036%	$111K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.08	+0.017%	—	$10K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.66	−0.039%	$587K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.80	−0.020%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.74	−0.162%	$786K	$4.6M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	745.67	−0.038%	—	—	5x	as long as short
QFEX META-USD	+0.0058%	1h	745.89	−0.008%	$2.2M	$13.8M	10x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.96	+0.001%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.04	+0.012%	$1.6M	$616K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	745.69	−0.035%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.87	−0.011%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.77	−0.024%	$268	—	10x	as long as short
Popdex METAUSDT	+0.0120%	1h	745.89	−0.008%	$180K	$199K	20x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	745.24	−0.095%	$638K	$7.5M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.39	+0.059%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0240%	1h	745.40	−0.074%	$33K	$105	20x	as long as short
Lighter META	+0.0280%	1h	746.01	+0.008%	$866K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0320%	1h	745.91	−0.005%	$70.4M	$121.0M	20x	as long as short
Phoenix META	+0.0633%	1h	746.69	+0.099%	$797K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0637%	4h	746.10	+0.020%	$62K	$337K	10x	as long as short