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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h
Price spread now: Paradex against SoDEX−0.010%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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX META-USD740.080.0050pay 0.0006% / 1h52m 34s$24K$3K10x
ShortParadex META-USD-PERP740.010.0071get 0.0071% / 8h7h 52m5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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

Funding earned
$4.33
Price spread: −0.010% → 0.000%
−$0.98
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.65
Costs to cover
0.120%
Break-even
21.0 days
Slippage unknown: SoDEX: no order-book sample; Paradex: 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 SoDEX no order-book sample
Sell Paradex no order-book sample
SoDEX and Paradex: 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
BloFin META-USDT−0.0120%8h740.22+0.019%$327K$1.1M20xas long as short
Aster METAUSDT0.0000%8h740.88+0.108%$461K$545K20xas long as short
Extended META_24_5-USD0.0000%1h740.080.000%$553K$1.6M17xas long as short
Binance METAUSDT0.0000%8h740.23+0.021%$27.4M$179.0M20xas long as short
Bybit METAUSDT0.0000%8h740.26+0.024%$7.5M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.27+0.026%$6.0M$13.3M20xas long as short
Gate META_USDT0.0000%8h739.89−0.026%$357K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h740.14+0.008%$5.6M$11.1M100xas long as short
Variational Omni META0.0000%8h740.51+0.057%$2.3M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h740.74+0.089%$12K$484K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h740.04−0.005%$850$9.4M20xas long as short
HTX META-USDT0.0000%8h740.07−0.001%$106K$285K30xas long as short
Phemex METAUSDT0.0000%4h740.92+0.114%$2.0M$7K10xas long as short
Nado META-PERP+0.0016%1h739.78−0.040%$384K$334K20xas long as short
Lighter RH META+0.0032%1h740.34+0.035%$758K$3.1M20xas long as short
Vest META-USD-PERP+0.0046%1h740.31+0.031%$11K25xas long as short
Hotstuff META-PERP+0.0048%1h739.91−0.023%$33K$10520xas long as short
Popdex METAUSDT+0.0048%1h740.24+0.022%$178K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.95−0.018%$557K$857K10xas long as short
SoDEX META-USDlong+0.0050%1h740.08long leg$24K$3K10x
Ondo Perps META-USD.P+0.0050%1h739.40−0.092%$746K$4.3M10xas long as short
QFEX META-USD+0.0055%1h740.15+0.009%$2.2M$14.2M10xas long as short
Arcus META-USD+0.0063%1h739.99−0.012%$110K$331K10xas long as short
Paradex META-USD-PERPshort+0.0071%8h740.01−0.010%5x
Aftermath Perps METAUSD+0.0071%1h740.59+0.069%$49K$77K10xas long as short
KuCoin METAUSDTM+0.0100%8h740.26+0.024%$1.6M$411K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.19+0.015%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.19+0.015%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.01−0.009%$26610xas long as short
tradeXYZ xyz:META+0.0122%1h740.02−0.008%$67.7M$121.2M20xas long as short
Deribit META_USDC-PERPETUAL+0.0129%1h739.93−0.020%$30K$253K10xas long as short
Coinbase International META-PERP-INTX+0.0144%1h740.11+0.004%$602K$7.3M10xas long as short
Injective META/USDC PERP+0.0220%1h740.31+0.031%$168K$46K30xas long as short
Lighter META+0.0248%1h740.41+0.045%$856K$2.4M20xas long as short
Phoenix META+0.0259%1h740.67+0.080%$287K$930K20xas long as short
edgeX METAUSDC+0.0751%4h740.87+0.106%$62K$332K10xas long as short