Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h
Price spread now: Ondo Perps against Paradex−0.082%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.082% cheaper against Paradex than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex META-USD-PERP739.850.0056pay 0.0056% / 8h6h 40m5x
ShortOndo Perps META-USD.P739.240.0050get 0.0006% / 1h40m 55s$697K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Paradex. 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

Funding earned
−$1.26
Price spread: −0.082% → 0.000%
−$8.2
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$18.45
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado META-PERP−0.0144%1h739.91+0.009%$478K$547K20xas long as short
BloFin META-USDT−0.0120%8h739.99+0.019%$327K$1.1M20xas long as short
Deribit META_USDC-PERPETUAL−0.0115%1h739.37−0.064%$31K$244K10xas long as short
Aster METAUSDT0.0000%8h740.66+0.110%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h739.69−0.021%$550K$2.7M17xas long as short
Binance METAUSDT0.0000%8h739.83−0.003%$27.3M$179.3M20xas long as short
Bybit METAUSDT0.0000%8h740.00+0.021%$7.5M$13.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h739.82−0.004%$5.9M$13.2M20xas long as short
Gate META_USDT0.0000%8h739.60−0.033%$351K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h739.86+0.002%$5.5M$11.3M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h739.73−0.016%$2.3M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h740.13+0.039%$12K$444K10xas long as short
SunX META-USDT0.0000%8h739.97+0.017%$865$9.2M20xas long as short
HTX META-USDT0.0000%8h739.51−0.045%$105K$296K30xas long as short
Phemex METAUSDT0.0000%4h740.05+0.028%$2.0M$8K10xas long as short
QFEX META-USD+0.0025%1h739.81−0.005%$2.2M$14.0M10xas long as short
Lighter RH META+0.0032%1h740.12+0.037%$750K$3.0M20xas long as short
Arcus META-USD+0.0040%1h739.62−0.031%$110K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h740.34+0.067%$11K25xas long as short
Popdex METAUSDT+0.0048%1h739.84−0.001%$176K$197K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.78−0.009%$557K$855K10xas long as short
SoDEX META-USD+0.0050%1h739.84−0.001%$24K$3K10xas long as short
Ondo Perps META-USD.Pshort+0.0050%1h739.24−0.082%$697K$4.3M10x
Paradex META-USD-PERPlong+0.0056%8h739.85long leg5x
Aftermath Perps METAUSD+0.0069%1h740.46+0.084%$49K$80K10xas long as short
KuCoin METAUSDTM+0.0100%8h740.12+0.037%$1.6M$469K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.34−0.068%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h739.82−0.004%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h739.66−0.025%$26610xas long as short
Coinbase International META-PERP-INTX+0.0104%1h739.45−0.054%$609K$7.2M10xas long as short
Lighter META+0.0112%1h740.06+0.029%$855K$2.4M20xas long as short
Hotstuff META-PERP+0.0144%1h739.98+0.018%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h739.58−0.036%$170K$48K30xas long as short
tradeXYZ xyz:META+0.0254%1h739.99+0.019%$68.3M$120.5M20xas long as short
Phoenix META+0.0313%1h740.70+0.115%$381K$1.1M20xas long as short
edgeX METAUSDC+0.0992%4h740.02+0.024%$62K$334K10xas long as short