META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.122%

Price spread now: Extended against ApeX Omni+0.039%72s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.533% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.039%, 7d avg +0.019%

Together, before fees+0.044%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 72 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	ApeX Omni METAUSDT	741.40	0.0100	pay 0.0013% / 1h	52m 01s	$166K	$71K	50x
Short	Extended META_24_5-USD	741.69	0	get 0.0000% / 1h	52m 01s	$548K	$2.7M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$21
Price spread: +0.039% → +0.019%: $1.96
Slippage, 4 orders: −$38.34
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$72.38
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 9 min ago; Extended: live order book, 2 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, 9 min ago	2.57 bp	21.5 bp −$22	335.4 bp −$3,354	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.54 bp	6.0 bp −$6	29.2 bp −$292	doesn't fit	doesn't fit

META on 35 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
Nado META-PERP	−0.0064%	1h	741.46	+0.007%	$479K	$549K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.51	+0.014%	$466K	$549K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	741.69	+0.039%	$548K	$2.7M	17x
Binance METAUSDT	0.0000%	8h	741.82	+0.057%	$27.3M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.75	+0.047%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.75	+0.047%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.56	+0.022%	$356K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.95	+0.074%	$5.4M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	741.87	+0.064%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.09	+0.093%	$12K	$430K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	741.78	+0.051%	$780	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.45	+0.007%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.59	+0.026%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.08	+0.092%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.03	+0.085%	$763K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.74	+0.046%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.38	−0.003%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.12	+0.097%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.94	+0.073%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.75	+0.047%	$559K	$548K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.88	+0.065%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.32	−0.011%	$703K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	741.65	+0.033%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	742.58	+0.159%	$49K	$81K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.82	+0.057%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.85	+0.061%	$1.6M	$504K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	741.40	long leg	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.74	+0.046%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.59	+0.025%	$267	—	10x	as long as short
edgeX METAUSDC	+0.0192%	4h	741.75	+0.048%	$62K	$335K	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	741.91	+0.069%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.66	−0.100%	$171K	$48K	30x	as long as short
Lighter META	+0.0224%	1h	742.02	+0.084%	$861K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0324%	1h	742.03	+0.085%	$68.7M	$119.7M	20x	as long as short
Phoenix META	+0.0496%	1h	742.71	+0.177%	$487K	$1.1M	20x	as long as short