Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h −0.010%
Price spread now: Ondo Perps against Coinbase International+0.078%7-day average +0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)−0.464%−$46 · spread now +0.078%, 7d avg +0.017%
=Together, before fees−0.281%+ Points / potential airdropOndo Perps: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.060% dearer against Coinbase International than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.017%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International META-PERP-INTX | 744.09 | 0.0120 | pay 0.0015% / 1h | 0m 32s | $640K | $7.9M | 10x |
| Short | Ondo Perps META-USD.P | 744.67 | 0.0050 | get 0.0006% / 1h | 0m 32s | $719K | $5.0M | 10x |
Coinbase International META-PERP-INTX
Ondo Perps META-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.62
- Price spread: +0.078% → +0.017%
- $6.05
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$23.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Ondo Perps: 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 Coinbase International live order book, 3 min ago | 1.81 bp | 7.7 bp −$8 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 37 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 | 744.81 | +0.097% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 744.80 | +0.095% | $490K | $623K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 744.61 | +0.070% | $546K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 744.97 | +0.119% | $25.9M | $191.7M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.23 | +0.153% | $7.7M | $15.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 744.67 | +0.078% | $6.1M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.26 | +0.023% | $446K | $6.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 744.60 | +0.069% | $5.7M | $12.2M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 744.66 | +0.076% | $2.5M | $3.0M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 745.10 | +0.136% | $12K | $437K | 10x | as long as short |
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 744.81 | +0.097% | $1K | $7.6M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.35 | +0.035% | $108K | $300K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 744.84 | +0.101% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0009% | 1h | 744.35 | +0.035% | $478K | $559K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 744.85 | +0.102% | $798K | $3.0M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0032% | 1h | 744.04 | −0.007% | $36K | $271K | 10x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 744.63 | +0.073% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.35 | +0.035% | $111K | $333K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 744.91 | +0.110% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 744.89 | +0.108% | $179K | $204K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.28 | +0.026% | $566K | $618K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 744.68 | +0.079% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.0050% | 1h | 744.67 | +0.078% | $719K | $5.0M | 10x | |
| Paradex META-USD-PERP | +0.0060% | 8h | 744.71 | +0.083% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0077% | 1h | 745.23 | +0.153% | $51K | $91K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 744.00 | −0.012% | $612 | $2K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.77 | +0.091% | $1.6M | $798K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.32 | +0.031% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 744.58 | +0.066% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 744.39 | +0.040% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTXlong | +0.0120% | 1h | 744.09 | long leg | $640K | $7.9M | 10x | |
| Hotstuff META-PERP | +0.0216% | 1h | 744.79 | +0.094% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.78 | +0.093% | $176K | $52K | 30x | as long as short |
| Lighter META | +0.0296% | 1h | 745.03 | +0.126% | $1.2M | $2.9M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0303% | 1h | 744.82 | +0.098% | $86.2M | $134.5M | 20x | as long as short |
| edgeX METAUSDC | +0.0510% | 4h | 745.00 | +0.122% | $63K | $348K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 745.86 | +0.238% | $796K | $1.5M | 20x | as long as short |
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
Nado META-PERP
Lighter RH META
Deribit META_USDC-PERPETUAL
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Hotstuff META-PERP
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META