META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.022%

Price spread now: OKX against Orderly−0.018%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 OKX

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—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	741.07	0.0100	pay 0.0100% / 8h	1h 16m	$1K	$24	10x
Short	OKX META-USDT-SWAP	740.94	0	get 0.0000% / 8h	1h 16m	$6.0M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$21
Price spread: −0.018% → 0.000%: −$1.75
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$38.75
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.07 bp	8.5 bp −$8	16.9 bp −$169	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	741.06	−0.001%	$327K	$1.1M	20x	as long as short
Nado META-PERP	−0.0076%	1h	740.93	−0.018%	$396K	$325K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.76	+0.093%	$458K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.98	−0.012%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.13	+0.007%	$26.9M	$178.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.05	−0.003%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAPshort	0.0000%	8h	740.94	−0.018%	$6.0M	$13.2M	20x
Gate META_USDT	0.0000%	8h	740.54	−0.072%	$343K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.09	+0.003%	$5.7M	$11.0M	100x	as long as short
Variational Omni META	0.0000%	8h	741.31	+0.033%	$1.6M	$2.6M	—	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	741.19	+0.016%	$12K	$504K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.95	−0.016%	$711	$9.5M	20x	as long as short
HTX META-USDT	0.0000%	8h	740.94	−0.018%	$107K	$286K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.32	+0.034%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0003%	1h	740.95	−0.016%	$2.2M	$14.2M	10x	as long as short
Hotstuff META-PERP	+0.0008%	1h	741.11	+0.005%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0013%	4h	741.30	+0.031%	$62K	$331K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.35	+0.038%	$749K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.73	−0.046%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.35	+0.038%	—	$9K	25x	as long as short
Deribit META_USDC-PERPETUAL	+0.0047%	1h	741.03	−0.005%	$30K	$256K	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.06	−0.001%	$178K	$201K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.18	+0.015%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.07	0.000%	$24K	$3K	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.93	−0.018%	—	—	5x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.76	−0.042%	$648K	$4.1M	10x	as long as short
Aftermath Perps METAUSD	+0.0056%	1h	741.88	+0.109%	$50K	$66K	10x	as long as short
Lighter META	+0.0064%	1h	741.33	+0.035%	$862K	$2.5M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	740.91	−0.022%	$606K	$7.4M	10x	as long as short
Phoenix META	+0.0065%	1h	741.19	+0.016%	$291K	$791K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.04	−0.004%	$1.6M	$366K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.95	−0.016%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythoslong	+0.0100%	8h	741.07	long leg	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	741.02	−0.007%	$267	—	10x	as long as short
tradeXYZ xyz:META	+0.0111%	1h	741.37	+0.040%	$68.6M	$120.9M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.09	+0.003%	$169K	$46K	30x	as long as short