META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.050%

Price spread now: Injective against SoDEX+0.310%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 Injective

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—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.310% dearer against SoDEX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX META-USD	741.42	0.0050	pay 0.0006% / 1h	20m 39s	$24K	$3K	10x
Short	Injective META/USDC PERP	743.72	0.0220	get 0.0028% / 1h	20m 39s	$169K	$46K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.310%Rate

Funding earned: $35.7
Price spread: +0.310% → 0.000%: $31.02
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $58.7
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Injective: live order book, 58 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 Injective live order book, 58 min ago	17.11 bp	33.6 bp −$34	doesn't fit	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	741.47	+0.007%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0014%	1h	740.89	−0.071%	$389K	$330K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.92	+0.067%	$457K	$540K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.38	−0.005%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.53	+0.014%	$27.3M	$179.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.36	−0.008%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.59	+0.023%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.99	−0.058%	$345K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.43	+0.001%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	741.39	−0.003%	$2.3M	$3.2M	—	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	741.64	+0.030%	$13K	$481K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.24	−0.024%	$781	$9.5M	20x	as long as short
HTX META-USDT	0.0000%	8h	741.27	−0.020%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.63	+0.028%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0027%	1h	741.36	−0.008%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	741.61	+0.026%	$756K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	741.04	−0.051%	$110K	$454K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.49	+0.009%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.46	+0.005%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.39	−0.004%	$550K	$849K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	741.42	long leg	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	740.81	−0.082%	$759K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0052%	8h	741.14	−0.038%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0069%	1h	742.05	+0.085%	$50K	$76K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.37	−0.007%	$608K	$7.4M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.49	+0.009%	$1.6M	$394K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.27	−0.020%	$166K	$74K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.48	+0.008%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.40	−0.002%	$267	—	10x	as long as short
Phoenix META	+0.0129%	1h	741.50	+0.011%	$291K	$797K	20x	as long as short
Hotstuff META-PERP	+0.0160%	1h	741.37	−0.007%	$33K	$105	20x	as long as short
Injective META/USDC PERPshort	+0.0220%	1h	743.72	+0.310%	$169K	$46K	30x
Lighter META	+0.0224%	1h	741.63	+0.028%	$856K	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0258%	1h	741.41	−0.001%	$67.7M	$122.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0263%	1h	741.30	−0.016%	$30K	$258K	10x	as long as short
edgeX METAUSDC	+0.0716%	4h	741.42	0.000%	$62K	$332K	10x	as long as short