Funding you earn now, next payment 03:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.038%
Price spread now: SoDEX against tradeXYZ−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:META | 742.02 | 0.0328 | pay 0.0041% / 1h | 51m 11s | $68.8M | $119.8M | 20x |
| Short | SoDEX META-USD | 741.92 | 0.0050 | get 0.0006% / 1h | 51m 11s | $24K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$58.34
- Price spread: −0.013% → 0.000%
- −$1.35
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$85.69
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 9 min ago | 0.20 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0062% | 1h | 741.51 | −0.069% | $479K | $549K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.55 | −0.063% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 741.69 | −0.045% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 741.89 | −0.018% | $27.3M | $178.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 741.90 | −0.016% | $7.5M | $13.7M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 741.94 | −0.011% | $5.9M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 741.56 | −0.062% | $356K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 741.92 | −0.013% | $5.4M | $11.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 741.87 | −0.020% | $2.3M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 742.02 | 0.000% | $13K | $432K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 741.76 | −0.035% | $780 | $9.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 741.36 | −0.089% | $31K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 741.72 | −0.040% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 742.07 | +0.007% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 742.08 | +0.008% | $763K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0032% | 1h | 741.60 | −0.057% | $2.1M | $13.7M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 741.38 | −0.086% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 742.05 | +0.004% | — | $10K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 741.88 | −0.019% | $178K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 741.63 | −0.053% | $559K | $548K | 10x | as long as short |
| SoDEX META-USDshort | +0.0050% | 1h | 741.92 | −0.013% | $24K | $3K | 10x | |
| Ondo Perps META-USD.P | +0.0050% | 1h | 741.21 | −0.109% | $705K | $4.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0056% | 8h | 741.64 | −0.051% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0072% | 1h | 742.58 | +0.075% | $49K | $81K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 741.82 | −0.027% | $610K | $7.1M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 741.96 | −0.008% | $1.6M | $504K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 741.18 | −0.113% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 741.80 | −0.030% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 741.64 | −0.052% | $267 | — | 10x | as long as short |
| Hotstuff META-PERP | +0.0208% | 1h | 742.10 | +0.011% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.36 | +0.315% | $172K | $48K | 30x | as long as short |
| Lighter META | +0.0224% | 1h | 742.07 | +0.007% | $861K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:METAlong | +0.0328% | 1h | 742.02 | long leg | $68.8M | $119.8M | 20x | |
| Phoenix META | +0.0496% | 1h | 742.71 | +0.093% | $491K | $1.1M | 20x | as long as short |
| edgeX METAUSDC | +0.0529% | 4h | 741.87 | −0.020% | $62K | $335K | 10x | as long as short |
tradeXYZ xyz:META
SoDEX META-USD
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
Injective META/USDC PERP
Lighter META
Phoenix META
edgeX METAUSDC