META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%

Price spread now: SoDEX against Deribit+0.062%7-day average — · you sell dearer than you buy

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

Long on Deribit 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.062% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit META_USDC-PERPETUAL	741.54	0	get 0.0000% / 1h	55m 46s	$31K	$245K	10x
Short	SoDEX META-USD	742.00	0.0050	get 0.0006% / 1h	55m 46s	$24K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $10.5
Price spread: +0.062% → 0.000%: $6.2
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $1.7
Costs to cover: 0.150%
Break-even: 5.9 days

Slippage unknown: Deribit: live order book, 8 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 Deribit live order book, 8 min ago	0.07 bp	10.1 bp −$10	11.7 bp −$117	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 35 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
Nado META-PERP	−0.0081%	1h	741.62	+0.010%	$479K	$549K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.73	+0.026%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.74	+0.026%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.86	+0.043%	$27.4M	$179.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.65	+0.015%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.76	+0.030%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.72	+0.024%	$355K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.02	+0.065%	$5.4M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	741.87	+0.045%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	741.03	−0.068%	$12K	$431K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	741.79	+0.034%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUALlong	0.0000%	1h	741.54	long leg	$31K	$245K	10x
HTX META-USDT	0.0000%	8h	741.63	+0.012%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.23	+0.093%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.98	+0.059%	$762K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.87	+0.045%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	740.94	−0.081%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.05	+0.069%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.00	+0.062%	$177K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.78	+0.032%	$559K	$548K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	742.00	+0.062%	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	741.34	−0.027%	$703K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	741.78	+0.033%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0069%	1h	741.63	+0.012%	$49K	$81K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	740.37	−0.158%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.78	+0.032%	$1.6M	$502K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.25	−0.174%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.10	+0.076%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.85	+0.042%	$267	—	10x	as long as short
edgeX METAUSDC	+0.0127%	4h	740.45	−0.148%	$62K	$337K	10x	as long as short
Hotstuff META-PERP	+0.0168%	1h	742.02	+0.065%	$33K	$105	20x	as long as short
Lighter META	+0.0208%	1h	741.93	+0.053%	$861K	$2.4M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.66	−0.119%	$171K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0298%	1h	741.86	+0.043%	$68.5M	$119.8M	20x	as long as short
Phoenix META	+0.0313%	1h	741.60	+0.008%	$478K	$1.1M	20x	as long as short