META

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.006%

Price spread now: SoDEX against Coinbase International+0.142%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 0.142% dearer against Coinbase International than usual: you sell high and buy low (spread +0.142% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International META-PERP-INTX	742.03	0.0128	pay 0.0016% / 1h	29m 16s	$659K	$7.7M	10x
Short	SoDEX META-USD	743.08	0.0050	get 0.0006% / 1h	29m 16s	$24K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now +0.142%Rate

Funding earned: −$16.38
Price spread: +0.142% → 0.000%: $14.15
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$20.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago	3.37 bp	10.0 bp −$10	12.4 bp −$124	doesn't fit	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	743.10	+0.144%	$331K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.82	+0.241%	$479K	$589K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.82	+0.107%	$544K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.03	+0.135%	$27.7M	$182.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.86	+0.112%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.09	+0.143%	$6.0M	$12.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.63	+0.081%	$439K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.30	+0.171%	$5.6M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	742.59	+0.075%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.91	+0.119%	$12K	$443K	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	743.50	+0.198%	$1K	$8.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.64	+0.082%	$31K	$264K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.83	+0.108%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.16	+0.152%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.22	+0.160%	$768K	$2.9M	20x	as long as short
Nado META-PERP	+0.0032%	1h	743.07	+0.140%	$480K	$558K	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.70	+0.090%	$110K	$332K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.66	+0.220%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	743.01	+0.132%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.14	+0.150%	$178K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.59	+0.075%	$584K	$564K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	743.08	+0.142%	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	742.80	+0.104%	$729K	$4.8M	10x	as long as short
Paradex META-USD-PERP	+0.0078%	8h	743.25	+0.164%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	743.78	+0.235%	$51K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.04	+0.136%	$1.6M	$642K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.46	+0.058%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.89	+0.116%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.78	+0.102%	$267	—	10x	as long as short
Coinbase International META-PERP-INTXlong	+0.0128%	1h	742.03	long leg	$659K	$7.7M	10x
Injective META/USDC PERP	+0.0220%	1h	745.90	+0.522%	$172K	$46K	30x	as long as short
Lighter META	+0.0336%	1h	743.32	+0.174%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0368%	1h	743.58	+0.209%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0447%	1h	743.29	+0.170%	$74.4M	$124.7M	20x	as long as short
Phoenix META	+0.0685%	1h	744.26	+0.301%	$795K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0917%	4h	743.12	+0.147%	$62K	$340K	10x	as long as short