Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: SoDEX against Nado+0.074%47s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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 +$2 a day on $10k at the current rate, and SoDEX is 0.074% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado META-PERP741.29−0.0009get 0.0001% / 1h17m 34s$386K$331K20x
ShortSoDEX META-USD741.840.0050get 0.0006% / 1h17m 34s$24K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$12.44
Price spread: +0.074% → 0.000%
$7.4
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$4.84
Costs to cover
0.150%
Break-even
4.3 days
Slippage unknown: Nado: live order book, 60 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 60 min ago0.14 bp13.7 bp −$1428.5 bp −$285doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h741.88+0.079%$328K$1.1M20xas long as short
Nado META-PERPlong−0.0009%1h741.29long leg$386K$331K20x
Aster METAUSDT0.0000%8h742.00+0.096%$457K$540K20xas long as short
Extended META_24_5-USD0.0000%1h741.76+0.063%$549K$1.6M17xas long as short
Binance METAUSDT0.0000%8h741.87+0.078%$27.4M$179.9M20xas long as short
Bybit METAUSDT0.0000%8h741.69+0.054%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h741.79+0.067%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h741.38+0.012%$345K$5.5M100xas long as short
Bitget METAUSDT0.0000%8h741.75+0.062%$5.6M$11.4M100xas long as short
Variational Omni META0.0000%8h741.39+0.014%$2.3M$3.2Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h741.88+0.079%$13K$482K10xas long as short
SunX META-USDT0.0000%8h741.69+0.054%$812$9.5M20xas long as short
HTX META-USDT0.0000%8h741.91+0.083%$107K$285K30xas long as short
Phemex METAUSDT0.0000%4h742.05+0.102%$2.0M$7K10xas long as short
QFEX META-USD+0.0027%1h741.86+0.077%$2.2M$14.3M10xas long as short
Lighter RH META+0.0032%1h741.97+0.092%$756K$3.2M20xas long as short
Arcus META-USD+0.0040%1h741.41+0.016%$110K$454K10xas long as short
Vest META-USD-PERP+0.0046%1h741.92+0.085%$11K25xas long as short
Popdex METAUSDT+0.0048%1h741.79+0.067%$178K$209K20xas long as short
Polymarket Perps META-USD+0.0050%1h741.75+0.062%$550K$849K10xas long as short
SoDEX META-USDshort+0.0050%1h741.84+0.074%$24K$3K10x
Ondo Perps META-USD.P+0.0050%1h741.25−0.006%$759K$4.3M10xas long as short
Paradex META-USD-PERP+0.0052%8h741.49+0.027%5xas long as short
Aftermath Perps METAUSD+0.0069%1h742.17+0.119%$50K$76K10xas long as short
Coinbase International META-PERP-INTX+0.0096%1h741.24−0.007%$608K$7.4M10xas long as short
KuCoin METAUSDTM+0.0100%8h741.69+0.054%$1.6M$396K20xas long as short
ApeX Omni METAUSDT+0.0100%1h741.45+0.021%$166K$74K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.78+0.066%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h741.72+0.058%$26710xas long as short
Phoenix META+0.0129%1h741.50+0.028%$291K$797K20xas long as short
Hotstuff META-PERP+0.0168%1h741.77+0.065%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h743.72+0.328%$169K$46K30xas long as short
Lighter META+0.0232%1h742.04+0.101%$860K$2.6M20xas long as short
tradeXYZ xyz:META+0.0260%1h741.79+0.067%$67.7M$122.7M20xas long as short
edgeX METAUSDC+0.0284%4h741.50+0.028%$62K$333K10xas long as short
Deribit META_USDC-PERPETUAL+0.0398%1h741.79+0.067%$30K$258K10xas long as short