Funding you earn now, next payment 05:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.050%
Price spread now: Ondo Perps against Injective−0.451%7-day average −0.375% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.451%, 7d avg −0.375%
=Together, before fees−0.171%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.076% cheaper against Injective than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.375%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 749.37 | 0.0220 | pay 0.0028% / 1h | 29m 27s | $173K | $48K | 30x |
| Short | Ondo Perps META-USD.P | 745.99 | 0.0050 | get 0.0006% / 1h | 29m 27s | $792K | $4.6M | 10x |
Injective META/USDC PERP
Ondo Perps META-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- −$35.62
- Price spread: −0.451% → −0.375%
- −$7.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$48.21
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 24 min ago; Ondo Perps: 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 Injective live order book, 24 min ago | 17.58 bp | 17.6 bp −$18 | 9881.6 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 747.42 | −0.260% | $330K | $1.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.0045% | 1h | 746.23 | −0.419% | $31K | $246K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.37 | −0.401% | $470K | $555K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 746.49 | −0.385% | $554K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 746.62 | −0.367% | $28.6M | $183.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 746.70 | −0.356% | $7.5M | $14.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 746.55 | −0.376% | $6.0M | $13.6M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 746.00 | −0.450% | $380K | $5.8M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 746.58 | −0.372% | $5.5M | $11.9M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.88 | −0.332% | $2.4M | $3.2M | — | as long as short |
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 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 | 746.98 | −0.319% | $12K | $454K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 746.66 | −0.362% | $884 | $9.0M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 746.68 | −0.359% | $106K | $302K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 746.84 | −0.338% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0005% | 1h | 746.41 | −0.395% | $483K | $554K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 746.80 | −0.343% | $784K | $2.9M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 746.29 | −0.411% | $111K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 747.00 | −0.316% | — | $10K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 746.48 | −0.386% | $587K | $565K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 746.67 | −0.360% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.0050% | 1h | 745.99 | −0.451% | $792K | $4.6M | 10x | |
| QFEX META-USD | +0.0058% | 1h | 746.44 | −0.391% | $2.2M | $13.8M | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0087% | 1h | 747.07 | −0.307% | $52K | $82K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 746.54 | −0.378% | $1.6M | $614K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.19 | −0.424% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 746.68 | −0.359% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 746.45 | −0.390% | $269 | — | 10x | as long as short |
| Paradex META-USD-PERP | +0.0109% | 8h | 747.33 | −0.272% | — | — | 5x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 746.61 | −0.368% | $640K | $7.5M | 10x | as long as short |
| Popdex METAUSDT | +0.0144% | 1h | 746.65 | −0.363% | $180K | $199K | 20x | as long as short |
| Injective META/USDC PERPlong | +0.0220% | 1h | 749.37 | long leg | $173K | $48K | 30x | |
| Lighter META | +0.0272% | 1h | 746.82 | −0.340% | $866K | $2.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.0272% | 1h | 746.85 | −0.336% | $33K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.0341% | 4h | 747.13 | −0.299% | $62K | $339K | 10x | as long as short |
| tradeXYZ xyz:META | +0.0351% | 1h | 746.49 | −0.384% | $70.4M | $121.1M | 20x | as long as short |
| Phoenix META | +0.0633% | 1h | 747.69 | −0.224% | $798K | $1.4M | 20x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
Nado META-PERP
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Polymarket Perps META-USD
SoDEX META-USD
QFEX META-USD
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Paradex META-USD-PERP
Coinbase International META-PERP-INTX
Popdex METAUSDT
Lighter META
Hotstuff META-PERP
edgeX METAUSDC
tradeXYZ xyz:META
Phoenix META