META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.092%

Price spread now: Extended against Ondo Perps+0.057%7-day average +0.062% · you sell dearer than you buy

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

Long on Ondo Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 7 days−0.401%−$40 · spread now +0.057%, 7d avg +0.062%

Together, before fees−0.366%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps META-USD.P	742.50	0.0050	pay 0.0006% / 1h	34m 36s	$803K	$4.6M	10x
Short	Extended META_24_5-USD	742.92	0	get 0.0000% / 1h	34m 36s	$544K	$2.7M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpFee ExtendedbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$10.58
Price spread: +0.057% → +0.062%: −$0.52
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.1
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 4 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	0.14 bp	5.1 bp −$5	34.4 bp −$344	doesn't fit	doesn't fit

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	743.30	+0.108%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.23	+0.098%	$490K	$589K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	742.92	+0.057%	$544K	$2.7M	17x
Binance METAUSDT	0.0000%	8h	743.03	+0.071%	$28.0M	$181.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.95	+0.061%	$7.3M	$15.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.03	+0.071%	$6.0M	$12.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.73	+0.031%	$432K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.46	+0.129%	$5.6M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	742.87	+0.050%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.75	+0.034%	$12K	$445K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	743.31	+0.109%	$1K	$8.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.84	+0.046%	$33K	$262K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.33	+0.112%	$106K	$305K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.11	+0.082%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0040%	1h	743.25	+0.101%	$768K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.68	+0.024%	$110K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.59	+0.147%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	743.20	+0.094%	$2.2M	$13.8M	10x	as long as short
edgeX METAUSDC	+0.0048%	4h	742.66	+0.022%	$62K	$339K	10x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.94	+0.059%	$585K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.11	+0.082%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.Plong	+0.0050%	1h	742.50	long leg	$803K	$4.6M	10x
Nado META-PERP	+0.0053%	1h	742.87	+0.049%	$480K	$557K	20x	as long as short
Paradex META-USD-PERP	+0.0082%	8h	743.04	+0.073%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	743.59	+0.146%	$51K	$81K	10x	as long as short
Popdex METAUSDT	+0.0096%	1h	743.04	+0.073%	$178K	$200K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.35	+0.114%	$1.6M	$640K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.04	−0.062%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.28	+0.105%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.18	+0.092%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	742.75	+0.034%	$676K	$7.7M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.88	+0.725%	$172K	$46K	30x	as long as short
Lighter META	+0.0360%	1h	743.36	+0.116%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0376%	1h	743.22	+0.097%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0479%	1h	743.22	+0.097%	$74.1M	$124.4M	20x	as long as short
Phoenix META	+0.0685%	1h	743.37	+0.117%	$794K	$1.4M	20x	as long as short