Funding you earn now, next payment 06:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.033%
Price spread now: Arcus against Aevo−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo META-PERP | 745.39 | 0.0104 | pay 0.0013% / 1h | 3m 14s | $268 | — | 10x |
| Short | Arcus META-USD | 745.38 | 0.0040 | get 0.0005% / 1h | 3m 14s | $110K | $332K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aevo. 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
- −$13.38
- Price spread: −0.001% → 0.000%
- −$0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$33.95
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 45 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 45 min ago | 2.75 bp | 10.7 bp −$11 | 13.8 bp −$138 | doesn't fit | doesn't fit |
Aevo: 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 | 745.68 | +0.040% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0004% | 1h | 745.52 | +0.018% | $483K | $557K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.38 | 0.000% | $480K | $590K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.32 | −0.009% | $549K | $2.6M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.54 | +0.021% | $27.7M | $182.7M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.38 | −0.001% | $7.3M | $15.1M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.68 | +0.040% | $6.1M | $12.5M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.06 | −0.044% | $433K | $6.0M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.60 | +0.029% | $5.5M | $12.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.12 | +0.099% | $2.4M | $3.3M | — | 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 | 746.23 | +0.113% | $12K | $440K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 745.31 | −0.010% | $1K | $8.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.99 | −0.053% | $31K | $263K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.58 | +0.026% | $106K | $306K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.84 | +0.061% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.84 | +0.061% | $775K | $3.0M | 20x | as long as short |
| Arcus META-USDshort | +0.0040% | 1h | 745.38 | −0.001% | $110K | $332K | 10x | |
| Vest META-USD-PERP | +0.0046% | 1h | 746.13 | +0.100% | — | $11K | 25x | as long as short |
| QFEX META-USD | +0.0046% | 1h | 745.33 | −0.007% | $2.2M | $13.9M | 10x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.53 | +0.019% | $178K | $200K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.06 | −0.044% | $586K | $562K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.55 | +0.022% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.16 | −0.030% | $752K | $4.9M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0066% | 8h | 745.66 | +0.037% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0083% | 1h | 746.54 | +0.155% | $52K | $81K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.49 | +0.014% | $1.6M | $658K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.28 | −0.014% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.52 | +0.018% | $1K | $24 | 10x | as long as short |
| Aevo META-PERPlong | +0.0104% | 1h | 745.39 | long leg | $268 | — | 10x | |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 745.18 | −0.028% | $657K | $7.8M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 748.03 | +0.355% | $172K | $46K | 30x | as long as short |
| Lighter META | +0.0296% | 1h | 745.90 | +0.069% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0360% | 1h | 746.18 | +0.107% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0452% | 1h | 745.91 | +0.070% | $76.3M | $125.8M | 20x | as long as short |
| edgeX METAUSDC | +0.0547% | 4h | 745.87 | +0.065% | $62K | $341K | 10x | as long as short |
| Phoenix META | +0.0685% | 1h | 747.34 | +0.262% | $798K | $1.4M | 20x | as long as short |
BloFin META-USDT
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
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META