Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Orderly+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_META_USDC_mythos | 740.00 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $1K | $24 | 10x |
| Short | Binance METAUSDT | 740.08 | 0 | get 0.0000% / 8h | 7h 09m | $27.4M | $179.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$21
- Price spread: +0.011% → 0.000%
- $1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.92
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.07 bp | 5.2 bp −$5 | 11.4 bp −$114 | 38.8 bp −$3,880 | 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 | 739.91 | −0.012% | $326K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0078% | 1h | 739.77 | −0.031% | $454K | $461K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 739.98 | −0.002% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.02 | +0.002% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDTshort | 0.0000% | 8h | 740.08 | +0.011% | $27.4M | $179.7M | 20x | |
| Bybit METAUSDT | 0.0000% | 8h | 740.29 | +0.039% | $7.6M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.11 | +0.015% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.88 | −0.016% | $349K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 739.88 | −0.016% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 739.81 | −0.026% | $2.4M | $3.3M | — | 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 | 740.32 | +0.043% | $12K | $459K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.47 | +0.064% | $890 | $9.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 739.73 | −0.036% | $30K | $246K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.99 | −0.001% | $105K | $295K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.09 | +0.012% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.28 | +0.038% | $752K | $3.2M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.29 | +0.039% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.19 | +0.026% | $178K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.91 | −0.012% | $557K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 739.99 | −0.001% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.52 | −0.065% | $666K | $4.4M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 739.90 | −0.014% | $2.2M | $14.2M | 10x | as long as short |
| Hotstuff META-PERP | +0.0056% | 1h | 739.98 | −0.003% | $33K | $105 | 20x | as long as short |
| Paradex META-USD-PERP | +0.0061% | 8h | 739.92 | −0.010% | — | — | 5x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 739.64 | −0.049% | $110K | $331K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0069% | 1h | 740.49 | +0.066% | $48K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.17 | +0.023% | $1.6M | $449K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.88 | −0.016% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythoslong | +0.0100% | 8h | 740.00 | long leg | $1K | $24 | 10x | |
| Aevo META-PERP | +0.0104% | 1h | 739.84 | −0.022% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 739.80 | −0.027% | $614K | $7.3M | 10x | as long as short |
| tradeXYZ xyz:META | +0.0161% | 1h | 740.14 | +0.019% | $67.7M | $120.8M | 20x | as long as short |
| Lighter META | +0.0200% | 1h | 740.26 | +0.035% | $852K | $2.5M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.98 | +0.268% | $171K | $48K | 30x | as long as short |
| Phoenix META | +0.0259% | 1h | 740.72 | +0.097% | $318K | $930K | 20x | as long as short |
| edgeX METAUSDC | +0.0833% | 4h | 740.25 | +0.033% | $62K | $336K | 10x | as long as short |
Binance METAUSDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
tradeXYZ xyz:META
Lighter META
Injective META/USDC PERP
Phoenix META
edgeX METAUSDC