META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.027%

Price spread now: Nado against ApeX Omni−0.051%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.177%−$18 on $10k

Price spread, last 4 days (all we have)−0.378%−$38 · spread now −0.051%, 7d avg +0.013%

Together, before fees−0.555%+ Points / potential airdropNado: Active · farm board−$55 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.064% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	746.55	0.0100	pay 0.0013% / 1h	6m 40s	$167K	$71K	50x
Short	Nado META-PERP	746.17	0.0015	get 0.0002% / 1h	6m 40s	$481K	$561K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.051%Rate

Funding earned: −$17.87
Price spread: −0.051% → +0.013%: −$6.41
Slippage, 4 orders: −$60.99
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$102.27
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 29 min ago; Nado: live order book, 31 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, 29 min ago	2.62 bp	29.1 bp −$29	374.5 bp −$3,745	doesn't fit	doesn't fit
Sell Nado live order book, 31 min ago	0.40 bp	10.6 bp −$11	19.3 bp −$193	doesn't fit	doesn't fit

META on 37 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	746.81	+0.035%	$333K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.53	−0.003%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.52	−0.004%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.57	+0.003%	$25.4M	$189.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	746.66	+0.015%	$7.5M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.54	−0.001%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.36	−0.025%	$473K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	746.53	−0.003%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	747.21	+0.089%	$2.5M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.23	+0.091%	$12K	$439K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	746.56	+0.001%	$1K	$8.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.22	−0.044%	$34K	$276K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.47	−0.011%	$108K	$311K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.33	+0.104%	$2.0M	$8K	10x	as long as short
Nado META-PERPshort	+0.0015%	1h	746.17	−0.051%	$481K	$561K	20x
QFEX META-USD	+0.0031%	1h	746.54	−0.001%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0040%	1h	746.80	+0.033%	$797K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	746.69	+0.019%	$112K	$338K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.21	+0.088%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	746.28	−0.036%	$568K	$625K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	746.65	+0.013%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	746.25	−0.040%	$734K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	746.47	−0.010%	—	—	5x	as long as short
Popdex METAUSDT	+0.0064%	1h	746.71	+0.021%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.44	+0.120%	$49K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	746.78	+0.031%	$633	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.79	+0.032%	$1.6M	$727K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	746.55	long leg	$167K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.64	+0.012%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	746.49	−0.007%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	746.79	+0.032%	$651K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.54	+0.401%	$177K	$51K	30x	as long as short
Lighter META	+0.0448%	1h	746.94	+0.052%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	746.99	+0.059%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0565%	1h	747.16	+0.082%	$83.7M	$131.6M	20x	as long as short
Phoenix META	+0.0750%	1h	747.82	+0.170%	$798K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0931%	4h	747.28	+0.097%	$62K	$344K	10x	as long as short