META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%

Price spread now: Aevo against QFEX+0.023%46s7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.023% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX META-USD	742.03	0.0036	pay 0.0005% / 1h	42m 38s	$2.1M	$13.7M	10x
Short	Aevo META-PERP	742.20	0.0104	get 0.0013% / 1h	42m 38s	$267	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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 QFEXbpFee AevobpOrdersPrice spread, now +0.023%Rate

Funding earned: $14.25
Price spread: +0.023% → 0.000%: $2.34
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$9.42
Costs to cover: 0.260%
Break-even: 11.6 days

Slippage unknown: QFEX: live order book, 7 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 7 min ago	2.15 bp	7.2 bp −$7	9.3 bp −$93	18.2 bp −$1,820	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	742.44	+0.055%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0051%	1h	742.06	+0.004%	$480K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.39	+0.049%	$466K	$551K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.10	+0.010%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.29	+0.035%	$27.5M	$180.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.24	+0.028%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.24	+0.028%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.96	−0.009%	$363K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.47	+0.059%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.05	+0.003%	$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	742.33	+0.041%	$12K	$436K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.62	+0.080%	$979	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.80	−0.031%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.16	+0.018%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.73	+0.094%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.48	+0.061%	$765K	$3.0M	20x	as long as short
QFEX META-USDlong	+0.0036%	1h	742.03	long leg	$2.1M	$13.7M	10x
Arcus META-USD	+0.0040%	1h	742.07	+0.005%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.50	+0.063%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.31	+0.038%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.14	+0.015%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.41	+0.051%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.82	−0.028%	$701K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0062%	8h	742.12	+0.012%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	743.15	+0.151%	$51K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.45	+0.057%	$1.6M	$536K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.34	−0.093%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.32	+0.039%	$1K	$24	10x	as long as short
Aevo META-PERPshort	+0.0104%	1h	742.20	+0.023%	$267	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	742.02	−0.001%	$614K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0120%	1h	742.33	+0.040%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.35	−0.092%	$171K	$48K	30x	as long as short
Lighter META	+0.0224%	1h	742.44	+0.055%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0263%	1h	742.34	+0.042%	$69.4M	$120.4M	20x	as long as short
Phoenix META	+0.0591%	1h	743.22	+0.160%	$639K	$1.2M	20x	as long as short
edgeX METAUSDC	+0.0605%	4h	742.41	+0.052%	$62K	$338K	10x	as long as short