Funding you earn now, next payment 04:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h −0.032%
Price spread now: Arcus against edgeX−0.042%54s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.401% of the position
Funding, last 4 days (all we have)−0.293%−$29 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.042%, 7d avg −0.021%
=Together, before fees−0.240%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Arcus is 0.021% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 54 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 | edgeX METAUSDC | 742.41 | 0.0605 | pay 0.0303% / 4h | 44m 30s | $62K | $338K | 10x |
| Short | Arcus META-USD | 742.10 | 0.0040 | get 0.0005% / 1h | 44m 30s | $110K | $330K | 10x |
edgeX METAUSDC
Arcus META-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against edgeX. 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
- −$118.62
- Price spread: −0.042% → −0.021%
- −$2.11
- Slippage, 4 orders
- −$26.62
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$160.84
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; Arcus: live order book, 14 min ago.
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 edgeX live order book, 14 min ago | 5.31 bp | 9.9 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 14 min ago | 3.30 bp | 11.5 bp −$12 | 14.3 bp −$143 | 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-USDT | −0.0120% | 8h | 742.25 | −0.022% | $330K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0049% | 1h | 742.20 | −0.028% | $480K | $553K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 742.42 | +0.001% | $466K | $551K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 742.52 | +0.014% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 742.54 | +0.017% | $27.5M | $180.4M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.47 | +0.008% | $7.5M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 742.41 | 0.000% | $6.0M | $13.5M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 742.16 | −0.034% | $364K | $5.7M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 742.49 | +0.010% | $5.4M | $11.7M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 742.05 | −0.048% | $2.4M | $3.1M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 743.01 | +0.081% | $12K | $434K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 742.32 | −0.012% | $596 | $9.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 741.85 | −0.076% | $31K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 742.14 | −0.037% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 742.83 | +0.056% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 742.81 | +0.054% | $766K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 742.42 | +0.001% | $2.1M | $13.7M | 10x | as long as short |
| Arcus META-USDshort | +0.0040% | 1h | 742.10 | −0.042% | $110K | $330K | 10x | |
| Vest META-USD-PERP | +0.0046% | 1h | 742.68 | +0.036% | — | $10K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 742.57 | +0.021% | $179K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.39 | −0.003% | $559K | $540K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 742.11 | −0.041% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 741.82 | −0.080% | $701K | $4.3M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0061% | 8h | 742.50 | +0.012% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0079% | 1h | 742.94 | +0.072% | $51K | $82K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 742.78 | +0.050% | $1.6M | $535K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 741.47 | −0.127% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 742.29 | −0.016% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 742.08 | −0.044% | $267 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 742.02 | −0.053% | $614K | $7.2M | 10x | as long as short |
| Hotstuff META-PERP | +0.0128% | 1h | 741.79 | −0.084% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.35 | −0.143% | $171K | $48K | 30x | as long as short |
| Lighter META | +0.0224% | 1h | 742.74 | +0.044% | $859K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0263% | 1h | 742.64 | +0.031% | $69.5M | $120.4M | 20x | as long as short |
| Phoenix META | +0.0591% | 1h | 743.92 | +0.203% | $635K | $1.2M | 20x | as long as short |
| edgeX METAUSDClong | +0.0605% | 4h | 742.41 | long leg | $62K | $338K | 10x |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
QFEX META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Hotstuff META-PERP
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META