META

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.010%

Price spread now: ApeX Omni against Nado−0.055%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.162%+$16 on $10k

Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.055%, 7d avg −0.011%

Together, before fees+0.308%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.044% cheaper against Nado than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.011%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	742.05	−0.0053	get 0.0007% / 1h	6m 39s	$392K	$328K	20x
Short	ApeX Omni METAUSDT	741.64	0.0100	get 0.0013% / 1h	6m 39s	$166K	$73K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.055%Rate

Funding earned: $32.07
Price spread: −0.055% → −0.011%: −$4.39
Slippage, 4 orders: −$47.94
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$37.27
Costs to cover: 0.649%
Break-even: 15.1 days

Slippage from Nado: live order book, 11 min ago; ApeX Omni: live order book, 9 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 Nado live order book, 11 min ago	0.14 bp	13.7 bp −$14	28.5 bp −$285	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 9 min ago	2.63 bp	24.1 bp −$24	506.3 bp −$5,063	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	742.29	+0.033%	$327K	$1.1M	20x	as long as short
Nado META-PERPlong	−0.0053%	1h	742.05	long leg	$392K	$328K	20x
Aster METAUSDT	0.0000%	8h	741.81	−0.032%	$458K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.12	+0.010%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.24	+0.026%	$27.2M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.17	+0.017%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.20	+0.021%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.70	−0.047%	$350K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.18	+0.018%	$5.8M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	742.23	+0.025%	$2.1M	$3.1M	—	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	742.18	+0.018%	$12K	$499K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.10	+0.007%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.10	+0.007%	$30K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.12	+0.010%	$107K	$286K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.38	+0.045%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0003%	1h	742.04	−0.001%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	742.41	+0.049%	$760K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	741.80	−0.033%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.47	+0.057%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.22	+0.023%	$178K	$202K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.27	+0.030%	$542K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.19	+0.019%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.85	−0.027%	$721K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0052%	8h	742.10	+0.007%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0058%	1h	742.51	+0.063%	$53K	$69K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	742.12	+0.010%	$606K	$7.4M	10x	as long as short
Phoenix META	+0.0065%	1h	741.81	−0.032%	$291K	$791K	20x	as long as short
Hotstuff META-PERP	+0.0080%	1h	742.28	+0.031%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.14	+0.013%	$1.6M	$370K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	741.64	−0.055%	$166K	$73K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.31	+0.035%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.17	+0.016%	$267	—	10x	as long as short
Lighter META	+0.0112%	1h	742.56	+0.069%	$864K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0136%	1h	742.32	+0.037%	$67.4M	$122.0M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.81	−0.032%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0539%	4h	742.29	+0.033%	$62K	$330K	10x	as long as short