META

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_METAXUSD	641.73	+0.0593	pay 0.0074% / 1h	20m 57s	$274K	$30K	20x	Long Kraken Futures
SHORT	Ondo PerpsMETA-USD.P	641.89	+0.0050	get 0.0006% / 1h	20m 57s	$1.6M	$42K	10x	Short Ondo Perps5% off

Price gap+0.025%

Funding gap−0.0542% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $16 a day and eats that in about 7 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$61−0.0542% /8h now · paid −0.606% over the last 7D

Price+$5spread +0.025% now, avg −0.024% → +0.048% if it goes back

Costs−$440.436% of $10k · taker + slippage, in and out

Result−$99−0.99%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.025%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

META on 44 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

OK: Fits both order books13.7 / 6.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,000
Kraken Futures 20x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$16.27Long Kraken Futures: 24 payments, −$17.78; short Ondo Perps: 24 payments, +$1.51.
OK: Entry gap works for you+0.025% vs −0.024%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$274K vs $1.6M OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · Ondo Perps No
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Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0289%/8h × 21 periods−$60.62

Price spread+0.025% → −0.024% (7d avg)+$4.84

Slippage, 4 orderslive order books−$28.62

Fee Kraken Futures bp × 2 orders−$10.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$99.40

Costs to cover0.436%Break-evennever at this rate

Slippage: Kraken Futures: live order book, 41 min ago; Ondo Perps: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures4.2913.7 bp−$1447.0 bp−$470doesn’t fitdoesn’t fit

SELL · SHORTOndo Perps2.106.9 bp−$77.8 bp−$78doesn’t fitdoesn’t fit

Closing costs about the same again.

META news

posts that mention META or Meta Platforms, from every exchangeSearch all news →

10-23 12:16	SoDEX	Points	🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-23 12:15	SoDEX	Points	🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-23 08:35	Phemex	Other	$META beat on revenue. Then spent its way to −7%. Wall Street's closed. We're not. Buy the beat 🟢 or fade the spend 🔴? 👇 @Phemex_official on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-22 13:30	Vest Markets	Other	Trade $META post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗
10-22 13:30	Vest Markets	Other	$META reported Q3 revenue of $64.60B, up 26% YoY, versus the $63.3B expected, with GAAP EPS of $3.83. At the open, $META is down close to 3%, with the $73B-$76B Q4 revenue outlook weighed against the $175B-$179B 2026 expense outlook. → Revenue: $64.60B vs. $63.3B consensus, versus Meta's $61B-$64B outlook → EPS: $3.83 GAAP vs. $3.57 expected, or $7.40 excluding a $9.89B legal charge → Capex: $34.91B, versus $31.08B in Q2 → Q4 revenue outlook: $73B-$76B $META also plans non-voting Class C stock from January 19, 2027, with a dividend expected to work as a 2-for-1 split and no change to shareholder voting power. @VestExchange on X ↗