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

META

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: 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: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:META742.020.0328pay 0.0041% / 1h51m 11s$68.8M$119.8M20x
ShortSoDEX META-USD741.920.0050get 0.0006% / 1h51m 11s$24K$3K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 9 min ago0.20 bp9.8 bp −$10doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado META-PERP−0.0062%1h741.51−0.069%$479K$549K20xas long as short
Aster METAUSDT0.0000%8h741.55−0.063%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h741.69−0.045%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h741.89−0.018%$27.3M$178.9M20xas long as short
Bybit METAUSDT0.0000%8h741.90−0.016%$7.5M$13.7M100xas long as short
OKX META-USDT-SWAP0.0000%8h741.94−0.011%$5.9M$13.3M20xas long as short
Gate META_USDT0.0000%8h741.56−0.062%$356K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h741.92−0.013%$5.4M$11.3M100xas long as short
Variational Omni META0.0000%8h741.87−0.020%$2.3M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h742.020.000%$13K$432K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h741.76−0.035%$780$9.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h741.36−0.089%$31K$245K10xas long as short
HTX META-USDT0.0000%8h741.72−0.040%$106K$296K30xas long as short
Phemex METAUSDT0.0000%4h742.07+0.007%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h742.08+0.008%$763K$3.0M20xas long as short
QFEX META-USD+0.0032%1h741.60−0.057%$2.1M$13.7M10xas long as short
Arcus META-USD+0.0040%1h741.38−0.086%$110K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h742.05+0.004%$10K25xas long as short
Popdex METAUSDT+0.0048%1h741.88−0.019%$178K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h741.63−0.053%$559K$548K10xas long as short
SoDEX META-USDshort+0.0050%1h741.92−0.013%$24K$3K10x
Ondo Perps META-USD.P+0.0050%1h741.21−0.109%$705K$4.2M10xas long as short
Paradex META-USD-PERP+0.0056%8h741.64−0.051%5xas long as short
Aftermath Perps METAUSD+0.0072%1h742.58+0.075%$49K$81K10xas long as short
Coinbase International META-PERP-INTX+0.0096%1h741.82−0.027%$610K$7.1M10xas long as short
KuCoin METAUSDTM+0.0100%8h741.96−0.008%$1.6M$504K20xas long as short
ApeX Omni METAUSDT+0.0100%1h741.18−0.113%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.80−0.030%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h741.64−0.052%$26710xas long as short
Hotstuff META-PERP+0.0208%1h742.10+0.011%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h744.36+0.315%$172K$48K30xas long as short
Lighter META+0.0224%1h742.07+0.007%$861K$2.4M20xas long as short
tradeXYZ xyz:METAlong+0.0328%1h742.02long leg$68.8M$119.8M20x
Phoenix META+0.0496%1h742.71+0.093%$491K$1.1M20xas long as short
edgeX METAUSDC+0.0529%4h741.87−0.020%$62K$335K10xas long as short