META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.023%

Price spread now: Coinbase International against Nado+0.056%7-day average −0.075% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.260%+$26 · spread now +0.056%, 7d avg −0.075%

Together, before fees+0.276%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.131% dearer against Nado than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	742.92	−0.0018	get 0.0002% / 1h	38m 09s	$479K	$560K	20x
Short	Coinbase International META-PERP-INTX	743.34	0.0120	get 0.0015% / 1h	38m 09s	$639K	$8.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.056%Rate

Funding earned: $29.08
Price spread: +0.056% → −0.075%: $13.08
Slippage, 4 orders: −$24.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $0.45
Costs to cover: 0.417%
Break-even: 6.9 days

Slippage from Nado: live order book, 60 min ago; Coinbase International: live order book, 1 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, 60 min ago	0.40 bp	14.5 bp −$15	93.1 bp −$931	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.29 bp	8.8 bp −$9	11.5 bp −$115	doesn't fit	doesn't fit

META on 37 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	743.56	+0.086%	$334K	$1.1M	20x	as long as short
Nado META-PERPlong	−0.0018%	1h	742.92	long leg	$479K	$560K	20x
Aster METAUSDT	0.0000%	8h	743.33	+0.056%	$487K	$603K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.27	+0.047%	$547K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.44	+0.069%	$25.8M	$191.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.28	+0.048%	$7.4M	$15.6M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.55	+0.085%	$6.0M	$12.8M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.35	+0.058%	$474K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.32	+0.054%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	742.98	+0.008%	$2.5M	$3.0M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	743.97	+0.141%	$12K	$443K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.30	+0.051%	$919	$7.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.97	+0.007%	$48K	$280K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.35	+0.058%	$108K	$312K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.63	+0.095%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.53	+0.082%	$793K	$2.9M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.34	+0.056%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.05	+0.017%	$112K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.58	+0.089%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.31	+0.052%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.80	−0.016%	$565K	$619K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.25	+0.044%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.83	−0.012%	$722K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	743.17	+0.034%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0081%	1h	743.97	+0.141%	$51K	$93K	10x	as long as short
Pacifica META	+0.0100%	1h	742.82	−0.014%	$625	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.22	+0.040%	$1.6M	$760K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.96	+0.005%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.03	+0.015%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.85	−0.009%	$267	—	10x	as long as short
Coinbase International META-PERP-INTXshort	+0.0120%	1h	743.34	+0.056%	$639K	$8.0M	10x
Injective META/USDC PERP	+0.0220%	1h	745.70	+0.374%	$176K	$52K	30x	as long as short
Lighter META	+0.0280%	1h	743.71	+0.106%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0289%	1h	743.42	+0.067%	$84.3M	$132.7M	20x	as long as short
Hotstuff META-PERP	+0.0296%	1h	743.47	+0.074%	$33K	$105	20x	as long as short
Phoenix META	+0.0791%	1h	744.18	+0.169%	$795K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0950%	4h	743.04	+0.015%	$63K	$346K	10x	as long as short