META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0515%/8h= +56.4% APRnext payment +$0.64 per $10,000 · paid last 24h +0.044%

Price spread now: tradeXYZ against SoDEX+0.068%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and tradeXYZ is 0.068% dearer against SoDEX than usual: you sell high and buy low: +$7 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	746.65	0.0050	pay 0.0006% / 1h	6m 41s	$25K	$3K	10x
Short	tradeXYZ xyz:META	747.16	0.0565	get 0.0071% / 1h	6m 41s	$83.7M	$131.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.068%Rate

Funding earned: $108.12
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $88.95
Costs to cover: 0.260%
Break-even: 1.2 days

Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	0.47 bp	9.7 bp −$10	10.9 bp −$109	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 37 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	746.81	+0.021%	$333K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.53	−0.017%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.52	−0.017%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.57	−0.010%	$25.4M	$189.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	746.66	+0.001%	$7.5M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.54	−0.015%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.36	−0.039%	$473K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	746.53	−0.016%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	747.21	+0.075%	$2.5M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.23	+0.078%	$12K	$439K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	746.56	−0.012%	$1K	$8.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.22	−0.058%	$34K	$276K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.47	−0.024%	$108K	$311K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.33	+0.091%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0015%	1h	746.17	−0.064%	$481K	$561K	20x	as long as short
QFEX META-USD	+0.0031%	1h	746.54	−0.015%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0040%	1h	746.80	+0.020%	$797K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	746.69	+0.005%	$112K	$338K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.21	+0.075%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	746.28	−0.050%	$568K	$625K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	746.65	long leg	$25K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	746.25	−0.054%	$734K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	746.47	−0.024%	—	—	5x	as long as short
Popdex METAUSDT	+0.0064%	1h	746.71	+0.008%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.44	+0.106%	$49K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	746.78	+0.018%	$633	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.79	+0.019%	$1.6M	$727K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.55	−0.013%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.64	−0.001%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	746.49	−0.021%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	746.79	+0.019%	$651K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.54	+0.387%	$177K	$51K	30x	as long as short
Lighter META	+0.0448%	1h	746.94	+0.039%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	746.99	+0.046%	$33K	$105	20x	as long as short
tradeXYZ xyz:METAshort	+0.0565%	1h	747.16	+0.068%	$83.7M	$131.6M	20x
Phoenix META	+0.0750%	1h	747.82	+0.157%	$798K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0931%	4h	747.28	+0.084%	$62K	$344K	10x	as long as short