META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.130%

Price spread now: Extended against SoDEX+0.045%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.045% dearer against SoDEX than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX META-USD	743.72	0.0050	pay 0.0006% / 1h	18m 12s	$24K	$3K	10x
Short	Extended META_24_5-USD	744.05	0	get 0.0000% / 1h	18m 12s	$550K	$2.7M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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 SoDEXbpFee ExtendedbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$10.5
Price spread: +0.045% → 0.000%: $4.47
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$19.03
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Extended: live order book, 5 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 SoDEX no order-book sample	—	—	—	—	—
Sell Extended live order book, 5 min ago	0.54 bp	5.6 bp −$6	35.2 bp −$352	doesn't fit	doesn't fit

SoDEX: 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	743.99	+0.036%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0022%	1h	743.51	−0.029%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.48	−0.032%	$469K	$553K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	744.05	+0.045%	$550K	$2.7M	17x
Binance METAUSDT	0.0000%	8h	744.01	+0.039%	$27.6M	$181.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.99	+0.036%	$7.6M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.96	+0.032%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.52	−0.027%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.09	+0.050%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.78	−0.127%	$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	742.66	−0.143%	$12K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.32	+0.081%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	743.88	+0.022%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.41	−0.042%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.01	+0.039%	$772K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.79	+0.009%	$2.2M	$13.8M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.93	−0.106%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.06	+0.046%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.20	+0.065%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.64	−0.011%	$585K	$565K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	743.72	long leg	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	743.57	−0.020%	$765K	$4.5M	10x	as long as short
Paradex META-USD-PERP	+0.0067%	8h	743.97	+0.033%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.44	−0.038%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.58	−0.019%	$1.6M	$549K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.26	−0.196%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.00	+0.038%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.76	+0.005%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.78	+0.008%	$626K	$7.2M	10x	as long as short
edgeX METAUSDC	+0.0137%	4h	742.55	−0.158%	$62K	$336K	10x	as long as short
Hotstuff META-PERP	+0.0160%	1h	744.03	+0.042%	$33K	$105	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0207%	1h	743.68	−0.005%	$31K	$246K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.66	−0.143%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	743.96	+0.032%	$864K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0270%	1h	743.93	+0.028%	$69.5M	$120.5M	20x	as long as short
Phoenix META	+0.0591%	1h	743.61	−0.015%	$691K	$1.2M	20x	as long as short