META

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.056%

Price spread now: Arcus against Nado−0.112%7-day average +0.005% · 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−$52as in the Price arb table

costs, in and out, $10k−$400.405% of the position

Long on Nado Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.205%+$21 on $10k

Price spread, last 4 days (all we have)+0.235%+$24 · spread now −0.112%, 7d avg +0.005%

Together, before fees+0.440%+ Points / potential airdropNado: Active · farm board+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.117% cheaper against Nado than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.005%). If the spread goes back, that is −$12 on $10k: about 2.4 days 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	746.05	−0.0123	get 0.0015% / 1h	58m 00s	$483K	$557K	20x
Short	Arcus META-USD	745.21	0.0040	get 0.0005% / 1h	58m 00s	$110K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.112%Rate

Funding earned: $34.26
Price spread: −0.112% → +0.005%: −$11.69
Slippage, 4 orders: −$28.99
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$17.91
Costs to cover: 0.405%
Break-even: 10.7 days

Slippage from Nado: live order book, 50 min ago; Arcus: live order book, 51 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, 50 min ago	0.60 bp	10.0 bp −$10	46.7 bp −$467	doesn't fit	doesn't fit
Sell Arcus live order book, 51 min ago	2.75 bp	10.7 bp −$11	13.8 bp −$138	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
Nado META-PERPlong	−0.0123%	1h	746.05	long leg	$483K	$557K	20x
BloFin META-USDT	−0.0120%	8h	745.59	−0.061%	$331K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.89	−0.020%	$480K	$592K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.94	−0.014%	$552K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.19	+0.019%	$27.6M	$184.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.88	−0.022%	$7.3M	$15.2M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.35	+0.041%	$6.1M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.66	−0.052%	$435K	$6.0M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	746.22	+0.023%	$5.5M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	745.29	−0.102%	$2.4M	$3.3M	—	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	745.40	−0.087%	$12K	$439K	10x	as long as short
SunX META-USDT	0.0000%	8h	746.12	+0.010%	$1K	$8.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.75	−0.040%	$31K	$265K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.00	−0.006%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	746.24	+0.026%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	746.13	+0.011%	$2.2M	$13.9M	10x	as long as short
Lighter RH META	+0.0032%	1h	746.45	+0.054%	$788K	$2.9M	20x	as long as short
Arcus META-USDshort	+0.0040%	1h	745.21	−0.112%	$110K	$332K	10x
Vest META-USD-PERP	+0.0046%	1h	746.39	+0.046%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	746.39	+0.046%	$178K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.91	−0.018%	$587K	$567K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	746.10	+0.007%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	746.06	+0.002%	$716K	$5.0M	10x	as long as short
edgeX METAUSDC	+0.0058%	4h	745.10	−0.127%	$62K	$342K	10x	as long as short
Paradex META-USD-PERP	+0.0065%	8h	746.14	+0.013%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0084%	1h	746.39	+0.046%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.92	−0.017%	$1.6M	$663K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.88	−0.156%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.10	+0.007%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.99	−0.007%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	745.35	−0.093%	$670K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.03	+0.266%	$172K	$46K	30x	as long as short
Lighter META	+0.0280%	1h	746.53	+0.065%	$1.1M	$2.7M	20x	as long as short
tradeXYZ xyz:META	+0.0477%	1h	746.46	+0.055%	$76.5M	$126.3M	20x	as long as short
Hotstuff META-PERP	+0.0600%	1h	746.38	+0.045%	$33K	$105	20x	as long as short
Phoenix META	+0.0685%	1h	746.46	+0.055%	$797K	$1.4M	20x	as long as short