META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Popdex against SoDEX+0.063%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 Popdex

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.063% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it 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	742.13	0.0050	pay 0.0006% / 1h	29m 07s	$24K	$3K	10x
Short	Popdex METAUSDT	742.60	0.0048	get 0.0006% / 1h	29m 07s	$179K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$0.42
Price spread: +0.063% → 0.000%: $6.33
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$8.49
Costs to cover: 0.144%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Popdex: live order book, 35 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 Popdex live order book, 35 min ago	0.54 bp	9.1 bp −$9	12.7 bp −$127	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	742.49	+0.049%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0031%	1h	742.16	+0.004%	$480K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.85	−0.037%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.32	+0.026%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.00	−0.017%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.87	−0.035%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.17	+0.005%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.91	−0.030%	$346K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.25	+0.016%	$5.5M	$11.5M	100x	as long as short
Variational Omni META	0.0000%	8h	742.15	+0.002%	$2.3M	$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	742.24	+0.015%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.72	+0.080%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.31	+0.024%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.63	+0.067%	$2.0M	$8K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0006%	1h	742.09	−0.005%	$31K	$245K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.28	+0.020%	$764K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	742.35	+0.030%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.57	−0.075%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.55	+0.057%	—	$10K	25x	as long as short
Popdex METAUSDTshort	+0.0048%	1h	742.60	+0.063%	$179K	$199K	20x
Polymarket Perps META-USD	+0.0050%	1h	742.28	+0.020%	$559K	$539K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	742.13	long leg	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	741.79	−0.046%	$703K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0060%	8h	742.38	+0.034%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0077%	1h	742.45	+0.043%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.03	−0.013%	$624K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.09	−0.005%	$1.6M	$515K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.72	−0.055%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.42	+0.039%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.34	+0.028%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.40	−0.098%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	742.24	+0.015%	$861K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0248%	1h	742.60	+0.063%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0339%	1h	742.20	+0.009%	$69.3M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	743.31	+0.159%	$540K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0680%	4h	741.29	−0.114%	$62K	$337K	10x	as long as short