META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%

Price spread now: Popdex against Nado+0.093%7-day average +0.037% · 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−$19as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Nado Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.145%+$15 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now +0.093%, 7d avg +0.037%

Together, before fees+0.284%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Popdex is 0.056% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	743.51	−0.0022	get 0.0003% / 1h	17m 45s	$481K	$553K	20x
Short	Popdex METAUSDT	744.20	0.0048	get 0.0006% / 1h	17m 45s	$179K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.093%Rate

Funding earned: $14.8
Price spread: +0.093% → +0.037%: $5.57
Slippage, 4 orders: −$11.41
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$4.45
Costs to cover: 0.248%
Break-even: 9.1 days

Slippage from Nado: live order book, 40 min ago; Popdex: live order book, 41 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, 40 min ago	0.47 bp	12.6 bp −$13	93.6 bp −$936	doesn't fit	doesn't fit
Sell Popdex live order book, 41 min ago	0.34 bp	4.1 bp −$4	7.0 bp −$70	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	743.99	+0.065%	$329K	$1.1M	20x	as long as short
Nado META-PERPlong	−0.0022%	1h	743.51	long leg	$481K	$553K	20x
Aster METAUSDT	0.0000%	8h	743.43	−0.010%	$468K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.81	+0.041%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.93	+0.057%	$27.6M	$181.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.10	+0.080%	$7.6M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.96	+0.061%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.51	0.000%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.97	+0.062%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.78	−0.098%	$2.4M	$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	742.66	−0.114%	$12K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.32	+0.109%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	743.88	+0.050%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.41	−0.013%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.01	+0.068%	$772K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.79	+0.038%	$2.2M	$13.8M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.16	−0.047%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.06	+0.074%	—	$10K	25x	as long as short
Popdex METAUSDTshort	+0.0048%	1h	744.20	+0.093%	$179K	$199K	20x
Polymarket Perps META-USD	+0.0050%	1h	743.64	+0.018%	$585K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.72	+0.029%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.27	−0.032%	$765K	$4.5M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	743.80	+0.039%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.44	−0.009%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.52	+0.002%	$1.6M	$549K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.26	−0.168%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.00	+0.066%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.76	+0.034%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.78	+0.037%	$626K	$7.2M	10x	as long as short
edgeX METAUSDC	+0.0137%	4h	742.55	−0.129%	$62K	$336K	10x	as long as short
Hotstuff META-PERP	+0.0160%	1h	744.03	+0.070%	$33K	$105	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0207%	1h	743.68	+0.023%	$31K	$246K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.66	−0.114%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	743.97	+0.062%	$864K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0270%	1h	743.88	+0.050%	$69.5M	$120.5M	20x	as long as short
Phoenix META	+0.0591%	1h	743.61	+0.014%	$691K	$1.2M	20x	as long as short