Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: Injective against Aevo+0.341%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.341% dearer against Aevo than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo META-PERP | 745.49 | 0.0104 | pay 0.0013% / 1h | 4m 00s | $268 | — | 10x |
| Short | Injective META/USDC PERP | 748.03 | 0.0220 | get 0.0028% / 1h | 4m 00s | $172K | $46K | 30x |
Aevo META-PERP
Injective META/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $24.36
- Price spread: +0.341% → 0.000%
- $34.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $42.41
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Injective: 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 Injective live order book, 45 min ago | 19.96 bp | 35.1 bp −$35 | doesn't fit | 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 | 745.91 | +0.056% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0003% | 1h | 745.51 | +0.003% | $483K | $557K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.46 | −0.004% | $480K | $590K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.41 | −0.010% | $549K | $2.6M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.60 | +0.015% | $27.7M | $182.7M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.51 | +0.003% | $7.3M | $15.1M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.72 | +0.031% | $6.1M | $12.5M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.23 | −0.035% | $433K | $6.0M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.65 | +0.021% | $5.5M | $12.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.12 | +0.085% | $2.4M | $3.3M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow 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 | +0.099% | $12K | $440K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 745.48 | −0.001% | $980 | $8.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.17 | −0.043% | $31K | $263K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.30 | −0.025% | $106K | $306K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.84 | +0.047% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.84 | +0.047% | $775K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.45 | −0.005% | $110K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.17 | +0.091% | — | $11K | 25x | as long as short |
| QFEX META-USD | +0.0046% | 1h | 745.51 | +0.003% | $2.2M | $13.8M | 10x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.66 | +0.023% | $179K | $200K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.22 | −0.036% | $586K | $562K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.51 | +0.003% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.25 | −0.032% | $752K | $4.9M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0067% | 8h | 745.62 | +0.017% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0083% | 1h | 746.57 | +0.145% | $52K | $81K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.52 | +0.004% | $1.6M | $658K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.62 | +0.017% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.70 | +0.028% | $1K | $24 | 10x | as long as short |
| Aevo META-PERPlong | +0.0104% | 1h | 745.49 | long leg | $268 | — | 10x | |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 745.40 | −0.012% | $656K | $7.8M | 10x | as long as short |
| Injective META/USDC PERPshort | +0.0220% | 1h | 748.03 | +0.341% | $172K | $46K | 30x | |
| Lighter META | +0.0296% | 1h | 745.86 | +0.050% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0360% | 1h | 746.18 | +0.093% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0451% | 1h | 746.08 | +0.079% | $76.2M | $125.8M | 20x | as long as short |
| edgeX METAUSDC | +0.0674% | 4h | 745.96 | +0.063% | $62K | $340K | 10x | as long as short |
| Phoenix META | +0.0685% | 1h | 747.34 | +0.248% | $798K | $1.4M | 20x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
QFEX META-USD
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Coinbase International META-PERP-INTX
Lighter META
Hotstuff META-PERP
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META