META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Popdex against Ondo Perps+0.086%7-day average +0.090% · you sell dearer than you buy

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

Long on Ondo Perps Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.086%, 7d avg +0.090%

Together, before fees+0.026%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps META-USD.P	742.52	0.0050	pay 0.0006% / 1h	29m 41s	$729K	$4.8M	10x
Short	Popdex METAUSDT	743.16	0.0048	get 0.0006% / 1h	29m 41s	$178K	$200K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 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 Ondo PerpsbpFee PopdexbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$0.5
Price spread: +0.086% → +0.090%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$12.24
Costs to cover: 0.114%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Popdex: live order book, 19 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 Popdex live order book, 19 min ago	0.40 bp	5.0 bp −$5	9.5 bp −$95	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	742.71	+0.026%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.26	+0.234%	$479K	$589K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.24	+0.096%	$544K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.40	+0.119%	$27.7M	$182.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.18	+0.089%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.41	+0.120%	$6.0M	$12.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.97	+0.061%	$439K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.71	+0.160%	$5.6M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	742.59	+0.009%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	743.02	+0.068%	$13K	$443K	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	743.39	+0.117%	$824	$8.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.87	+0.047%	$31K	$264K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.29	+0.104%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.16	+0.086%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.62	+0.148%	$768K	$2.9M	20x	as long as short
Nado META-PERP	+0.0034%	1h	742.70	+0.024%	$480K	$557K	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.58	+0.008%	$110K	$332K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.43	+0.123%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	743.01	+0.066%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDTshort	+0.0048%	1h	743.16	+0.086%	$178K	$200K	20x
Polymarket Perps META-USD	+0.0050%	1h	742.59	+0.009%	$584K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.02	+0.067%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.Plong	+0.0050%	1h	742.52	long leg	$729K	$4.8M	10x
Paradex META-USD-PERP	+0.0078%	8h	743.25	+0.098%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	743.57	+0.141%	$51K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.29	+0.104%	$1.6M	$642K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.46	−0.008%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.23	+0.096%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.12	+0.080%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	742.03	−0.066%	$659K	$7.7M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.90	+0.455%	$172K	$46K	30x	as long as short
Lighter META	+0.0336%	1h	743.71	+0.160%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0368%	1h	743.18	+0.089%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0447%	1h	743.63	+0.149%	$74.5M	$124.7M	20x	as long as short
Phoenix META	+0.0685%	1h	744.26	+0.234%	$795K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0917%	4h	743.12	+0.081%	$62K	$340K	10x	as long as short