META

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.024%

Price spread now: Coinbase International against ApeX Omni+0.042%7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$28 on $10k

Price spread, last 3 days (all we have)+0.035%+$3 · spread now +0.042%, 7d avg −0.064%

Together, before fees−0.241%−$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.106% dearer against ApeX Omni than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	742.97	0.0100	pay 0.0013% / 1h	36m 29s	$166K	$74K	50x
Short	Coinbase International META-PERP-INTX	743.28	0.0096	get 0.0012% / 1h	36m 29s	$610K	$7.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$0.84
Price spread: +0.042% → −0.064%: $10.59
Slippage, 4 orders: −$35.16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$45.41
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 39 min ago; Coinbase International: live order book, 3 min ago.

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 ApeX Omni live order book, 39 min ago	2.63 bp	16.3 bp −$16	433.6 bp −$4,336	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.94 bp	8.8 bp −$9	13.6 bp −$136	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	742.75	−0.030%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0066%	1h	742.43	−0.073%	$390K	$329K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.64	−0.044%	$458K	$537K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.63	−0.045%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.53	−0.059%	$27.4M	$179.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.48	−0.066%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.49	−0.065%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.29	−0.092%	$346K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.53	−0.059%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	743.32	+0.047%	$2.3M	$3.2M	—	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	743.64	+0.090%	$12K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.62	−0.047%	$1K	$9.5M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.41	−0.075%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.51	+0.073%	$2.0M	$7K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0019%	1h	742.58	−0.052%	$30K	$257K	10x	as long as short
QFEX META-USD	+0.0027%	1h	742.43	−0.073%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	742.99	+0.003%	$756K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.28	−0.093%	$110K	$469K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.85	−0.016%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.53	−0.059%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.44	−0.071%	$542K	$841K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.68	−0.039%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.12	−0.114%	$762K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	742.59	−0.051%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0063%	1h	743.67	+0.094%	$50K	$76K	10x	as long as short
Coinbase International META-PERP-INTXshort	+0.0096%	1h	743.28	+0.042%	$610K	$7.4M	10x
KuCoin METAUSDTM	+0.0100%	8h	742.74	−0.031%	$1.6M	$381K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	742.97	long leg	$166K	$74K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.87	−0.013%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.70	−0.037%	$267	—	10x	as long as short
Phoenix META	+0.0129%	1h	743.01	+0.005%	$292K	$797K	20x	as long as short
Lighter META	+0.0136%	1h	742.96	−0.001%	$859K	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0152%	1h	742.91	−0.008%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0169%	4h	743.39	+0.056%	$62K	$331K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.83	+0.385%	$170K	$46K	30x	as long as short
tradeXYZ xyz:META	+0.0235%	1h	742.86	−0.015%	$67.6M	$122.3M	20x	as long as short