META

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0217%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.017%

Price spread now: Aevo against Nado+0.020%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aevo is 0.020% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Nado META-PERP	740.18	−0.0113	get 0.0014% / 1h	1m 22s	$478K	$549K	20x
Short	Aevo META-PERP	740.33	0.0104	get 0.0013% / 1h	1m 22s	$267	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.020%Rate

Funding earned: $45.48
Price spread: +0.020% → 0.000%: $2.03
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: $24.51
Costs to cover: 0.230%
Break-even: 3.2 days

Slippage unknown: Nado: live order book, 2 min ago; Aevo: 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 Nado live order book, 2 min ago	0.61 bp	15.4 bp −$15	96.9 bp −$969	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 35 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-PERPlong	−0.0113%	1h	740.18	long leg	$478K	$549K	20x
Aster METAUSDT	0.0000%	8h	740.79	+0.083%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.36	+0.024%	$547K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.56	+0.052%	$27.3M	$178.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.27	+0.013%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.41	+0.032%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.11	−0.009%	$354K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.42	+0.033%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.47	+0.039%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.44	+0.036%	$12K	$431K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	740.27	+0.013%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.94	−0.032%	$31K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.24	+0.009%	$105K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.49	+0.042%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.44	+0.036%	$2.1M	$13.7M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.68	+0.068%	$762K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.01	−0.022%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.61	+0.059%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.57	+0.053%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.29	+0.015%	$558K	$547K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.52	+0.047%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.94	−0.032%	$697K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	740.33	+0.021%	—	—	5x	as long as short
edgeX METAUSDC	+0.0060%	4h	740.31	+0.018%	$62K	$336K	10x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.90	+0.098%	$49K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.51	+0.045%	$1.6M	$497K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.82	−0.048%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.48	+0.041%	$1K	$24	10x	as long as short
Aevo META-PERPshort	+0.0104%	1h	740.33	+0.020%	$267	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	740.66	+0.065%	$609K	$7.1M	10x	as long as short
Hotstuff META-PERP	+0.0128%	1h	740.47	+0.040%	$33K	$105	20x	as long as short
Lighter META	+0.0144%	1h	740.69	+0.069%	$860K	$2.4M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.18	+0.271%	$171K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0242%	1h	740.50	+0.044%	$68.3M	$119.7M	20x	as long as short
Phoenix META	+0.0313%	1h	741.07	+0.121%	$469K	$1.1M	20x	as long as short