META

Alert

Funding spread now, next payment 14:00 UTC−0.0458%/8h

paid, last 24h−0.037%paid, last 3 days−0.105%to open and close $10k−$33

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.105% in total (about -12.9% 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	680.54	0.0472	pay 0.0059% / 1h	34m 29s	$269K	$216K	10x
Short	Bitget METAUSDT	680.08	0.0014	get 0.0014% / 8h	2h 34m	$4.7M	$3.9M	100x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee BitgetbpOrdersRate

Funding earned: −$96.25
Slippage, 4 orders: −$16.75
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$129.5
Break-even: never at this rate

Slippage from Arcus: live order book, 25 min ago; Bitget: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.068%
Avg gap 7d: +0.033%

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, 25 min ago	2.71 bp	7.2 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.51 bp	9.9 bp −$10	13.2 bp −$132	24.2 bp −$2,424	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	−0.0054%	8h	$328K	$293K	20x	as long as short
Aster METAUSDT	0.0000%	8h	$451K	$7K	20x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	$5.8M	$4.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	$451K	$1.4M	100x	as long as short
SunX META-USDT	0.0000%	8h	$552	$4.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	$35K	$228K	10x	as long as short
HTX META-USDT	0.0000%	8h	$104K	$234K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	$1.8M	$4K	10x	as long as short
Variational Omni META	+0.0006%	8h	$1.6M	$1.1M	—	as long as short
Bitget METAUSDTshort	+0.0014%	8h	$4.7M	$3.9M	100x

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH META	+0.0032%	1h	$931K	$1.6M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	—	$3K	25x	as long as short
Aftermath Perps METAUSD	+0.0047%	1h	$39K	$45K	10x	as long as short
Hotstuff META-PERP	+0.0048%	1h	$30K	—	20x	as long as short
QFEX META-USD	+0.0050%	1h	$1.8M	$3.9M	10x	as long as short
SoDEX META-USD	+0.0050%	1h	$23K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	$1.1M	$1.8M	10x	as long as short
Paradex META-USD-PERP	+0.0060%	8h	—	—	5x	as long as short
Binance METAUSDT	+0.0064%	8h	$24.2M	$36.4M	20x	as long as short
Extended META_24_5-USD	+0.0064%	1h	$498K	$1.2M	17x	as long as short
Polymarket Perps META-USD	+0.0069%	1h	$624K	$388K	10x	as long as short
Nado META-PERP	+0.0073%	1h	$426K	$55K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	$1.4M	$72K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	$83K	$34K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	$1K	—	10x	as long as short
Aevo META-PERP	+0.0104%	1h	$245	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	$718K	$2.9M	10x	as long as short
tradeXYZ xyz:META	+0.0105%	1h	$71.9M	$21.1M	20x	as long as short
Bybit METAUSDT	+0.0129%	8h	$6.7M	$3.9M	100x	as long as short
Lighter META	+0.0152%	1h	$688K	$1.6M	20x	as long as short
Popdex METAUSDT	+0.0152%	1h	$163K	$134K	20x	as long as short
Phoenix META	+0.0211%	1h	$254K	$145K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	$206K	$149K	30x	as long as short
Arcus META-USDlong	+0.0472%	1h	$269K	$216K	10x
edgeX METAUSDC	+0.0997%	4h	$57K	$322K	10x	as long as short