Funding you earn now, next payment 06:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.041%
Price spread now: Injective against edgeX+0.301%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.301%, 7d avg +0.296%
=Together, before fees−0.236%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.296%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 746.75 | 0.0383 | pay 0.0191% / 4h | 2h 54m | $62K | $338K | 10x |
| Short | Injective META/USDC PERP | 749.00 | 0.0220 | get 0.0028% / 1h | 54m 12s | $173K | $46K | 30x |
edgeX METAUSDC
Injective META/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$34.21
- Price spread: +0.301% → +0.296%
- $0.58
- Slippage, 4 orders
- −$62.06
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$104.71
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 59 min ago; Injective: live order book, 60 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, 59 min ago | 5.17 bp | 9.8 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Injective live order book, 60 min ago | 17.58 bp | 33.9 bp −$34 | 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-USDT | −0.0120% | 8h | 746.09 | −0.088% | $333K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.53 | −0.029% | $492K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.96 | −0.106% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 746.10 | −0.087% | $28.4M | $181.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.95 | −0.107% | $7.4M | $14.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 746.17 | −0.078% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.76 | −0.133% | $430K | $5.9M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.09 | −0.088% | $2.4M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.62 | −0.017% | $12K | $446K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 746.14 | −0.082% | $1K | $8.6M | 20x | 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
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.69 | −0.142% | $31K | $255K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.92 | −0.111% | $106K | $305K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 746.46 | −0.039% | $2.0M | $8K | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 746.02 | −0.098% | $111K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.29 | −0.062% | — | $11K | 25x | as long as short |
| QFEX META-USD | +0.0046% | 1h | 746.04 | −0.095% | $2.2M | $13.8M | 10x | as long as short |
| Lighter RH META | +0.0048% | 1h | 746.22 | −0.071% | $768K | $2.9M | 20x | as long as short |
| Nado META-PERP | +0.0049% | 1h | 745.47 | −0.172% | $482K | $557K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.78 | −0.130% | $587K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 746.02 | −0.098% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.27 | −0.198% | $759K | $4.5M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0069% | 8h | 745.96 | −0.106% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0085% | 1h | 746.88 | +0.018% | $52K | $82K | 10x | as long as short |
| Bitget METAUSDT | +0.0095% | 8h | 746.16 | −0.079% | $5.5M | $11.9M | 100x | as long as short |
| Popdex METAUSDT | +0.0096% | 1h | 746.21 | −0.072% | $179K | $199K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 746.25 | −0.067% | $1.6M | $630K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.87 | −0.118% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 746.15 | −0.080% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.99 | −0.102% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 746.41 | −0.046% | $671K | $7.6M | 10x | as long as short |
| Injective META/USDC PERPshort | +0.0220% | 1h | 749.00 | +0.301% | $173K | $46K | 30x | |
| Lighter META | +0.0312% | 1h | 746.24 | −0.068% | $964K | $2.5M | 20x | as long as short |
| edgeX METAUSDClong | +0.0383% | 4h | 746.75 | long leg | $62K | $338K | 10x | |
| Hotstuff META-PERP | +0.0440% | 1h | 746.25 | −0.067% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0504% | 1h | 746.47 | −0.037% | $72.5M | $122.2M | 20x | as long as short |
| Phoenix META | +0.0633% | 1h | 748.29 | +0.206% | $799K | $1.4M | 20x | as long as short |
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Arcus META-USD
Vest META-USD-PERP
QFEX META-USD
Lighter RH META
Nado META-PERP
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
Bitget METAUSDT
Popdex METAUSDT
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Lighter META
Hotstuff META-PERP
tradeXYZ xyz:META
Phoenix META