Funding you earn now, next payment 02:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.050%
Price spread now: Injective against Ondo Perps+0.328%7-day average +0.385% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.328%, 7d avg +0.385%
=Together, before fees+0.231%+ Points / potential airdropOndo Perps: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.057% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.328% now, against its 7-day average of +0.385%). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 739.99 | 0.0050 | pay 0.0006% / 1h | 22m 13s | $697K | $4.3M | 10x |
| Short | Injective META/USDC PERP | 742.42 | 0.0220 | get 0.0028% / 1h | 22m 13s | $171K | $48K | 30x |
Ondo Perps META-USD.P
Injective META/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $35.62
- Price spread: +0.328% → +0.385%
- −$5.69
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $24.91
- Costs to cover
- 0.050%
- Break-even
- 2.1 days
Slippage unknown: Ondo Perps: no order-book sample; Injective: live order book, 47 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 Injective live order book, 47 min ago | 14.91 bp | 35.2 bp −$35 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0130% | 1h | 739.31 | −0.091% | $478K | $549K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.47 | +0.065% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.13 | +0.019% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.28 | +0.039% | $27.3M | $179.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.11 | +0.016% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.03 | +0.005% | $5.9M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.08 | +0.012% | $352K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.32 | +0.045% | $5.5M | $11.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 740.67 | +0.092% | $2.3M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.40 | +0.056% | $12K | $431K | 10x | as long as short |
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_PerpShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 740.08 | +0.012% | $717 | $9.2M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 739.91 | −0.011% | $31K | $244K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.19 | +0.027% | $105K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.79 | +0.108% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0025% | 1h | 740.16 | +0.023% | $2.2M | $14.0M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.37 | +0.051% | $750K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.09 | +0.014% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.40 | +0.055% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.27 | +0.038% | $176K | $197K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.10 | +0.015% | $557K | $847K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.31 | +0.043% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Plong | +0.0050% | 1h | 739.99 | long leg | $697K | $4.3M | 10x | |
| Paradex META-USD-PERP | +0.0057% | 8h | 739.71 | −0.037% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0069% | 1h | 740.81 | +0.111% | $49K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.27 | +0.038% | $1.6M | $483K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.87 | −0.016% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.29 | +0.041% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.10 | +0.014% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 740.66 | +0.091% | $609K | $7.2M | 10x | as long as short |
| Lighter META | +0.0128% | 1h | 740.42 | +0.058% | $860K | $2.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.0128% | 1h | 740.43 | +0.059% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERPshort | +0.0220% | 1h | 742.42 | +0.328% | $171K | $48K | 30x | |
| tradeXYZ xyz:META | +0.0244% | 1h | 740.33 | +0.046% | $68.3M | $120.0M | 20x | as long as short |
| Phoenix META | +0.0313% | 1h | 741.24 | +0.169% | $421K | $1.1M | 20x | as long as short |
| edgeX METAUSDC | +0.0851% | 4h | 740.34 | +0.048% | $62K | $334K | 10x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Lighter META
Hotstuff META-PERP
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC