Funding you earn now, next payment 02:00 UTC−0.0942%/8h= −103.1% APRpaid last 24h −0.083%
Price spread now: SoDEX against edgeX−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and SoDEX is 0.024% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 740.02 | 0.0992 | pay 0.0496% / 4h | 2h 40m | $62K | $334K | 10x |
| Short | SoDEX META-USD | 739.84 | 0.0050 | get 0.0006% / 1h | 40m 20s | $24K | $3K | 10x |
edgeX METAUSDC
SoDEX META-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$197.74
- Price spread: −0.024% → 0.000%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$217.17
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 28 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 edgeX live order book, 28 min ago | 5.13 bp | 9.7 bp −$10 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0146% | 1h | 739.78 | −0.033% | $478K | $547K | 20x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 739.99 | −0.004% | $327K | $1.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.0115% | 1h | 739.37 | −0.088% | $31K | $244K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.67 | +0.088% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 739.68 | −0.046% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 739.81 | −0.028% | $27.3M | $179.3M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 739.89 | −0.018% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 739.71 | −0.042% | $5.9M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.57 | −0.061% | $351K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 739.85 | −0.023% | $5.5M | $11.3M | 100x | as long as short |
Nado META-PERP
BloFin META-USDT
Deribit META_USDC-PERPETUAL
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni META | 0.0000% | 8h | 739.73 | −0.039% | $2.3M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.13 | +0.015% | $12K | $444K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 739.97 | −0.007% | $865 | $9.2M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.51 | −0.069% | $105K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.05 | +0.004% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0025% | 1h | 739.91 | −0.015% | $2.2M | $14.0M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.05 | +0.004% | $750K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 739.55 | −0.064% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.32 | +0.040% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 739.83 | −0.026% | $176K | $197K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.71 | −0.042% | $557K | $855K | 10x | as long as short |
| SoDEX META-USDshort | +0.0050% | 1h | 739.84 | −0.024% | $24K | $3K | 10x | |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.24 | −0.105% | $697K | $4.3M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0056% | 8h | 739.82 | −0.027% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0069% | 1h | 740.46 | +0.060% | $49K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.05 | +0.004% | $1.6M | $469K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.34 | −0.092% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 739.85 | −0.023% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 739.72 | −0.040% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 739.45 | −0.077% | $609K | $7.2M | 10x | as long as short |
| Lighter META | +0.0112% | 1h | 740.01 | −0.001% | $855K | $2.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.0112% | 1h | 739.99 | −0.004% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 739.58 | −0.060% | $170K | $48K | 30x | as long as short |
| tradeXYZ xyz:META | +0.0250% | 1h | 739.99 | −0.004% | $68.3M | $120.5M | 20x | as long as short |
| Phoenix META | +0.0313% | 1h | 740.70 | +0.092% | $381K | $1.1M | 20x | as long as short |
| edgeX METAUSDClong | +0.0992% | 4h | 740.02 | long leg | $62K | $334K | 10x |
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps 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
Lighter META
Hotstuff META-PERP
Injective META/USDC PERP
tradeXYZ xyz:META
Phoenix META