META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%

Price spread now: Orderly against OKX−0.020%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.020% cheaper against OKX than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX META-USDT-SWAP	741.10	0	get 0.0000% / 8h	5h 59m	$5.9M	$13.3M	20x
Short	Orderly PERP_META_USDC_mythos	740.95	0.0100	get 0.0100% / 8h	5h 59m	$1K	$24	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now −0.020%Rate

Funding earned: $21
Price spread: −0.020% → 0.000%: −$2.02
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $2.98
Costs to cover: 0.160%
Break-even: 6.0 days

Slippage unknown: OKX: live order book, 4 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	0.07 bp	10.8 bp −$11	20.4 bp −$204	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 35 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
Aster METAUSDT	0.0000%	8h	740.94	−0.022%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.90	−0.027%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.07	−0.004%	$27.3M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.67	−0.058%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAPlong	0.0000%	8h	741.10	long leg	$5.9M	$13.3M	20x
Gate META_USDT	0.0000%	8h	740.52	−0.078%	$355K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.11	+0.001%	$5.4M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.45	−0.088%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.44	−0.089%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.86	−0.032%	$1K	$9.1M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.46	−0.086%	$31K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.88	−0.030%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.00	−0.013%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.94	−0.022%	$2.1M	$13.7M	10x	as long as short
Nado META-PERP	+0.0030%	1h	739.96	−0.154%	$478K	$548K	20x	as long as short
Lighter RH META	+0.0032%	1h	740.50	−0.081%	$761K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.08	−0.138%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.03	−0.009%	—	$10K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.80	−0.040%	$558K	$547K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.73	−0.050%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.11	−0.134%	$697K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	740.72	−0.051%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	741.03	−0.009%	$49K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	740.37	−0.099%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.66	−0.059%	$1.6M	$498K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.95	−0.155%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythosshort	+0.0100%	8h	740.95	−0.020%	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	740.77	−0.044%	$267	—	10x	as long as short
edgeX METAUSDC	+0.0127%	4h	740.45	−0.088%	$62K	$337K	10x	as long as short
Hotstuff META-PERP	+0.0144%	1h	741.06	−0.005%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.15	−0.128%	$171K	$48K	30x	as long as short
Lighter META	+0.0240%	1h	741.02	−0.011%	$860K	$2.4M	20x	as long as short
Popdex METAUSDT	+0.0296%	1h	741.08	−0.003%	$176K	$197K	20x	as long as short
Phoenix META	+0.0313%	1h	741.07	−0.004%	$473K	$978K	20x	as long as short
tradeXYZ xyz:META	+0.0383%	1h	741.04	−0.008%	$68.4M	$119.7M	20x	as long as short