Funding you earn now, next payment 22:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.007%
Price spread now: Nado against Variational Omni−0.011%7-day average −0.024% · 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)−0.095%−$10 on $10k
+Price spread, last 3 days (all we have)−0.167%−$17 · spread now −0.011%, 7d avg −0.024%
=Together, before fees−0.262%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 740.36 | 0 | get 0.0000% / 8h | 2h 21m | $1.6M | $2.5M | — |
| Short | Nado META-PERP | 740.28 | −0.0119 | pay 0.0015% / 1h | 21m 26s | $398K | $316K | 20x |
Variational Omni META
Nado META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- −$25.01
- Price spread: −0.011% → −0.024%
- $1.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$30.71
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Nado: live order book, 1 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 Variational Omni RFQ quote, 3 min ago | 2.46 bp | doesn't fit | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.47 bp | 13.6 bp −$14 | 28.0 bp −$280 | doesn't fit | doesn't fit |
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 | 740.39 | +0.004% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERPshort | −0.0119% | 1h | 740.28 | −0.011% | $398K | $316K | 20x | |
| Hotstuff META-PERP | −0.0104% | 1h | 740.51 | +0.020% | $33K | $105 | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.87 | +0.070% | $457K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.30 | −0.007% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.39 | +0.004% | $26.8M | $177.4M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.33 | −0.004% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.42 | +0.008% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.88 | −0.065% | $318K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.33 | −0.004% | $5.7M | $11.0M | 100x | as long as short |
BloFin META-USDT
Hotstuff META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni METAlong | 0.0000% | 8h | 740.36 | long leg | $1.6M | $2.5M | — | |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.32 | −0.006% | $12K | $528K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.85 | +0.066% | $734 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.51 | +0.020% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.23 | −0.017% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.49 | +0.018% | $2.0M | $7K | 10x | as long as short |
| QFEX META-USD | +0.0012% | 1h | 740.31 | −0.007% | $2.2M | $14.2M | 10x | as long as short |
| Lighter META | +0.0032% | 1h | 740.59 | +0.031% | $860K | $2.6M | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.61 | +0.034% | $740K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.09 | −0.036% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.86 | +0.068% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.35 | −0.001% | $177K | $200K | 20x | as long as short |
| tradeXYZ xyz:META | +0.0050% | 1h | 740.62 | +0.035% | $68.5M | $120.4M | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.55 | +0.026% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.32 | −0.005% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.18 | −0.024% | $639K | $4.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0051% | 8h | 740.27 | −0.012% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0052% | 1h | 741.00 | +0.086% | $45K | $61K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0080% | 1h | 740.26 | −0.013% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0097% | 1h | 740.48 | +0.016% | $291K | $782K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.39 | +0.004% | $1.6M | $352K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.32 | −0.005% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.43 | +0.010% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.33 | −0.005% | $267 | — | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.21 | −0.020% | $168K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0261% | 4h | 740.36 | 0.000% | $62K | $329K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter META
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
tradeXYZ xyz:META
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Injective META/USDC PERP
edgeX METAUSDC