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: SunX against Orderly+0.047%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 pays, funding is against you. SunX is 0.047% dearer against Orderly than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_META_USDC_mythos | 739.83 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $1K | $24 | 10x |
| Short | SunX META-USDT | 740.18 | 0 | get 0.0000% / 8h | 6h 48m | $742 | $9.2M | 20x |
Orderly PERP_META_USDC_mythos
SunX META-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.047% → 0.000%
- $4.73
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$30.27
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago | 63.21 bp | 67.2 bp −$67 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0188% | 1h | 739.64 | −0.026% | $478K | $544K | 20x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 739.99 | +0.022% | $327K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.36 | +0.072% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 739.84 | +0.002% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.05 | +0.030% | $27.4M | $179.3M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 739.86 | +0.004% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 739.99 | +0.022% | $5.9M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.94 | +0.015% | $351K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.13 | +0.041% | $5.5M | $11.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 740.19 | +0.049% | $2.4M | $3.3M | — | as long as short |
Nado META-PERP
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.28 | +0.061% | $13K | $452K | 10x | as long as short |
| SunX META-USDTshort | 0.0000% | 8h | 740.18 | +0.047% | $742 | $9.2M | 20x | |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 739.55 | −0.038% | $30K | $244K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.78 | −0.007% | $105K | $295K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.46 | +0.085% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0025% | 1h | 739.83 | 0.000% | $2.2M | $14.1M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.08 | +0.034% | $750K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 739.80 | −0.004% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.24 | +0.055% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.08 | +0.034% | $176K | $197K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.80 | −0.004% | $557K | $855K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 739.93 | +0.014% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.80 | −0.004% | $693K | $4.3M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0057% | 8h | 739.75 | −0.011% | — | — | 5x | as long as short |
| Lighter META | +0.0064% | 1h | 740.02 | +0.026% | $856K | $2.4M | 20x | as long as short |
| Aftermath Perps METAUSD | +0.0068% | 1h | 740.68 | +0.114% | $48K | $80K | 10x | as long as short |
| Hotstuff META-PERP | +0.0080% | 1h | 740.09 | +0.035% | $33K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 739.99 | +0.022% | $1.6M | $463K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.70 | −0.018% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythoslong | +0.0100% | 8h | 739.83 | long leg | $1K | $24 | 10x | |
| Aevo META-PERP | +0.0104% | 1h | 739.66 | −0.023% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 740.05 | +0.030% | $610K | $7.3M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 742.52 | +0.364% | $171K | $48K | 30x | as long as short |
| tradeXYZ xyz:META | +0.0231% | 1h | 740.16 | +0.045% | $68.3M | $120.4M | 20x | as long as short |
| Phoenix META | +0.0313% | 1h | 740.91 | +0.146% | $364K | $1.1M | 20x | as long as short |
| edgeX METAUSDC | +0.0523% | 4h | 740.27 | +0.059% | $62K | $335K | 10x | as long as short |
GRVT META_USDT_Perp
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
Ondo Perps META-USD.P
Paradex META-USD-PERP
Lighter META
Aftermath Perps METAUSD
Hotstuff META-PERP
KuCoin METAUSDTM
ApeX Omni METAUSDT
Aevo META-PERP
Coinbase International META-PERP-INTX
Injective META/USDC PERP
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC