META

Alert

Funding spread now, next payment 19:00 UTC−0.0478%/8h

paid, last 24h−0.022%paid, last 3 days−0.092%to open and close $10k−$21

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.092% in total (about -12.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus META-USD	746.54	0.0478	pay 0.0060% / 1h	1m 29s	$267K	$308K	10x
Short	Binance METAUSDT	746.57	0	get 0.0000% / 8h	5h 01m	$27.7M	$154.9M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee BinancebpOrdersRate

Funding earned: −$100.44
Slippage, 4 orders: −$6.87
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$121.81
Break-even: never at this rate

Slippage from Arcus: live order book, 34 min ago; Binance: live order book, 13 min ago.

Price risk

price view

Price gap now: +0.003%
Avg gap 7d: +0.021%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Arcus live order book, 34 min ago	1.21 bp	3.6 bp −$4	6.3 bp −$63	7.3 bp −$732	doesn't fit
Sell Binance live order book, 13 min ago	0.34 bp	6.2 bp −$6	12.1 bp −$121	36.4 bp −$3,640	doesn't fit

META on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	$336K	$1.0M	20x	as long as short
Nado META-PERP	−0.0020%	1h	$394K	$215K	20x	as long as short
Aster METAUSDT	0.0000%	8h	$459K	$432K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	$554K	$1.4M	17x	as long as short
Binance METAUSDTshort	0.0000%	8h	$27.7M	$154.9M	20x
Bybit METAUSDT	0.0000%	8h	$8.0M	$11.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	$6.1M	$12.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	$360K	$4.8M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	$5.8M	$9.4M	100x	as long as short
Variational Omni META	0.0000%	8h	$1.6M	$2.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix META	0.0000%	1h	$276K	$618K	20x	as long as short
SunX META-USDT	0.0000%	8h	$961	$9.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	$28K	$266K	10x	as long as short
HTX META-USDT	0.0000%	8h	$105K	$280K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	$2.0M	$6K	10x	as long as short
QFEX META-USD	+0.0026%	1h	$2.2M	$12.5M	10x	as long as short
Lighter RH META	+0.0032%	1h	$739K	$3.0M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	—	$9K	25x	as long as short
Lighter META	+0.0048%	1h	$861K	$2.5M	20x	as long as short
Popdex METAUSDT	+0.0048%	1h	$176K	$192K	20x	as long as short
Coinbase International META-PERP-INTX	+0.0048%	1h	$648K	$6.5M	10x	as long as short
tradeXYZ xyz:META	+0.0050%	1h	$77.5M	$92.2M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	$544K	$835K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	$25K	$3K	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	—	—	5x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	$660K	$3.6M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	$1.6M	$290K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	$269	—	10x	as long as short
Hotstuff META-PERP	+0.0176%	1h	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	$169K	$76K	30x	as long as short
Aftermath Perps METAUSD	+0.0299%	1h	$45K	$46K	10x	as long as short
Arcus META-USDlong	+0.0478%	1h	$267K	$308K	10x
edgeX METAUSDC	+0.0745%	4h	$62K	$328K	10x	as long as short