META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.077%

Price spread now: ApeX Omni against Extended−0.082%52s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$590.592% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.082%, 7d avg −0.021%

Together, before fees+0.087%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against Extended than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.021%). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.055% in total) that is about 7.7 days. The two prices were read 52 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	Extended META_24_5-USD	745.49	0	get 0.0000% / 1h	56m 38s	$552K	$2.6M	17x
Short	ApeX Omni METAUSDT	744.88	0.0100	get 0.0013% / 1h	56m 38s	$167K	$72K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now −0.082%Rate

Funding earned: $21
Price spread: −0.082% → −0.021%: −$6.13
Slippage, 4 orders: −$44.21
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.34
Costs to cover: 0.592%
Break-even: 21.8 days

Slippage from Extended: live order book, 2 min ago; ApeX Omni: live order book, 49 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 Extended live order book, 2 min ago	0.67 bp	6.1 bp −$6	32.1 bp −$321	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 49 min ago	2.62 bp	33.3 bp −$33	496.6 bp −$4,966	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	745.72	+0.030%	$332K	$1.1M	20x	as long as short
Nado META-PERP	−0.0074%	1h	745.54	+0.006%	$483K	$557K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.31	−0.024%	$479K	$592K	20x	as long as short
Extended META_24_5-USDlong	0.0000%	1h	745.49	long leg	$552K	$2.6M	17x
Binance METAUSDT	0.0000%	8h	745.69	+0.026%	$27.6M	$184.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.49	0.000%	$7.3M	$15.2M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.73	+0.032%	$6.1M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.11	−0.051%	$433K	$6.0M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.81	+0.043%	$5.5M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	745.29	−0.028%	$2.4M	$3.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	745.40	−0.013%	$12K	$439K	10x	as long as short
SunX META-USDT	0.0000%	8h	745.67	+0.024%	$541	$8.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.31	−0.025%	$31K	$265K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.68	+0.025%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	746.28	+0.106%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	745.59	+0.013%	$2.2M	$13.9M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.84	+0.047%	$787K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	745.38	−0.015%	$110K	$332K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.11	+0.083%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.93	+0.059%	$177K	$203K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.29	−0.027%	$586K	$567K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.88	+0.052%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.32	−0.023%	$711K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0064%	8h	745.41	−0.011%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0084%	1h	746.70	+0.162%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.65	+0.021%	$1.6M	$663K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	744.88	−0.082%	$167K	$72K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.76	+0.036%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.60	+0.014%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	745.35	−0.019%	$670K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	753.11	+1.022%	$174K	$46K	30x	as long as short
Lighter META	+0.0312%	1h	745.94	+0.060%	$1.1M	$2.7M	20x	as long as short
tradeXYZ xyz:META	+0.0517%	1h	746.00	+0.068%	$76.5M	$126.3M	20x	as long as short
Hotstuff META-PERP	+0.0600%	1h	746.38	+0.119%	$33K	$105	20x	as long as short
Phoenix META	+0.0685%	1h	746.90	+0.189%	$797K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0887%	4h	745.56	+0.009%	$62K	$341K	10x	as long as short