Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Gate+0.072%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.072% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate META_USDT740.170get 0.0000% / 8h0m 01s$354K$5.6M100x
ShortOrderly PERP_META_USDC_mythos740.700.0100get 0.0100% / 8h0m 01s$1K$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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

Funding earned
$21
Price spread: +0.072% → 0.000%
$7.16
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7.16
Costs to cover
0.210%
Break-even
4.6 days
Slippage unknown: Gate: live order book, 3 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago1.55 bp18.7 bp −$1944.8 bp −$448doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h740.93+0.103%$327K$1.1M20xas long as short
Aster METAUSDT0.0000%8h741.00+0.112%$461K$546K20xas long as short
Extended META_24_5-USD0.0000%1h740.55+0.051%$549K$1.6M17xas long as short
Binance METAUSDT0.0000%8h740.68+0.069%$27.4M$180.3M20xas long as short
Bybit METAUSDT0.0000%8h740.29+0.016%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.47+0.041%$6.0M$13.3M20xas long as short
Gate META_USDTlong0.0000%8h740.17long leg$354K$5.6M100x
Bitget METAUSDT0.0000%8h740.63+0.062%$5.6M$11.5M100xas long as short
Variational Omni META0.0000%8h740.83+0.090%$2.3M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h741.63+0.197%$12K$483K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h740.51+0.046%$916$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.07−0.014%$30K$258K10xas long as short
HTX META-USDT0.0000%8h740.73+0.076%$107K$285K30xas long as short
Phemex METAUSDT0.0000%4h741.15+0.132%$2.0M$7K10xas long as short
Nado META-PERP+0.0025%1h740.15−0.003%$384K$332K20xas long as short
QFEX META-USD+0.0027%1h740.76+0.080%$2.2M$14.4M10xas long as short
Lighter RH META+0.0032%1h740.77+0.081%$760K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.21+0.005%$110K$451K10xas long as short
Vest META-USD-PERP+0.0046%1h740.74+0.077%$11K25xas long as short
Popdex METAUSDT+0.0048%1h740.60+0.058%$178K$209K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.55+0.051%$558K$857K10xas long as short
SoDEX META-USD+0.0050%1h740.39+0.030%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h740.36+0.026%$757K$4.3M10xas long as short
Aftermath Perps METAUSD+0.0074%1h741.38+0.163%$50K$76K10xas long as short
Paradex META-USD-PERP+0.0075%8h740.60+0.057%5xas long as short
Coinbase International META-PERP-INTX+0.0096%1h741.35+0.159%$608K$7.4M10xas long as short
KuCoin METAUSDTM+0.0100%8h740.68+0.069%$1.6M$408K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.53+0.049%$166K$74K50xas long as short
Orderly PERP_META_USDC_mythosshort+0.0100%8h740.70+0.072%$1K$2410x
Aevo META-PERP+0.0104%1h740.27+0.013%$26610xas long as short
Phoenix META+0.0129%1h741.01+0.113%$291K$797K20xas long as short
Hotstuff META-PERP+0.0176%1h740.64+0.063%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h743.21+0.411%$169K$46K30xas long as short
edgeX METAUSDC+0.0227%4h741.23+0.144%$62K$334K10xas long as short
tradeXYZ xyz:META+0.0265%1h740.48+0.042%$67.7M$122.8M20xas long as short
Lighter META+0.0280%1h740.86+0.093%$858K$2.6M20xas long as short