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 −0.030%

Price spread now: Aster against Orderly−0.039%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.039% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_META_USDC_mythos	742.89	0.0100	pay 0.0100% / 8h	4h 49m	$1K	$24	10x
Short	Aster METAUSDT	742.60	0	get 0.0000% / 8h	4h 49m	$466K	$551K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$21
Price spread: −0.039% → 0.000%: −$3.86
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$38.86
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 8 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 8 min ago	13.37 bp	24.3 bp −$24	62.4 bp −$624	doesn't fit	doesn't fit

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 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	743.19	+0.040%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0054%	1h	742.65	−0.032%	$480K	$552K	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	742.60	−0.039%	$466K	$551K	20x
Extended META_24_5-USD	0.0000%	1h	742.76	−0.018%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.94	+0.007%	$27.5M	$180.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.83	−0.008%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.03	+0.019%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.51	−0.051%	$362K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.01	+0.016%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.77	−0.017%	$2.4M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.93	+0.005%	$12K	$434K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.35	+0.062%	$899	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.34	−0.074%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.80	−0.012%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.18	+0.039%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.02	+0.017%	$766K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	742.94	+0.007%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.62	−0.036%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.13	+0.032%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.09	+0.027%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.87	−0.003%	$560K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.89	0.000%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.05	−0.113%	$711K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0061%	8h	742.90	+0.002%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	743.72	+0.112%	$50K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.98	+0.012%	$1.6M	$532K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.11	−0.105%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythoslong	+0.0100%	8h	742.89	long leg	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	742.70	−0.025%	$267	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	742.67	−0.030%	$615K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0128%	1h	742.90	+0.001%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.79	+0.256%	$172K	$48K	30x	as long as short
Lighter META	+0.0224%	1h	742.96	+0.009%	$857K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0262%	1h	742.90	+0.001%	$69.5M	$120.3M	20x	as long as short
edgeX METAUSDC	+0.0357%	4h	742.74	−0.020%	$62K	$336K	10x	as long as short
Phoenix META	+0.0591%	1h	743.92	+0.139%	$627K	$1.2M	20x	as long as short