META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.026%

Price spread now: Orderly against Bitget+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.044% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METAUSDT	744.83	0	get 0.0000% / 8h	3h 46m	$5.4M	$11.8M	100x
Short	Orderly PERP_META_USDC_mythos	745.16	0.0100	get 0.0100% / 8h	3h 46m	$1K	$24	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now +0.044%Rate

Funding earned: $21
Price spread: +0.044% → 0.000%: $4.43
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.43
Costs to cover: 0.180%
Break-even: 4.5 days

Slippage unknown: Bitget: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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 Bitget live order book, 2 min ago	1.01 bp	8.8 bp −$9	16.0 bp −$160	30.9 bp −$3,095	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	745.02	+0.026%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0014%	1h	744.71	−0.016%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.70	−0.017%	$469K	$554K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.86	+0.004%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.11	+0.038%	$28.4M	$182.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.75	−0.011%	$7.5M	$14.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.96	+0.017%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.65	−0.024%	$364K	$5.8M	100x	as long as short
Bitget METAUSDTlong	0.0000%	8h	744.83	long leg	$5.4M	$11.8M	100x
Variational Omni META	0.0000%	8h	744.05	−0.104%	$2.4M	$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	743.99	−0.113%	$12K	$450K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.94	+0.015%	$800	$9.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.57	−0.035%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.81	−0.003%	$106K	$302K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.07	+0.032%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.13	+0.040%	$782K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.22	−0.082%	$111K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.27	+0.059%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.08	+0.034%	$179K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.79	−0.005%	$586K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.77	−0.008%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.23	−0.215%	$801K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	744.88	+0.007%	$2.2M	$13.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	745.11	+0.038%	$52K	$82K	10x	as long as short
Paradex META-USD-PERP	+0.0097%	8h	744.92	+0.012%	—	—	5x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.78	−0.007%	$1.6M	$601K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.08	−0.235%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythosshort	+0.0100%	8h	745.16	+0.044%	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	744.78	−0.007%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	744.02	−0.109%	$617K	$7.4M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.08	−0.101%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0232%	1h	745.08	+0.034%	$33K	$105	20x	as long as short
Lighter META	+0.0264%	1h	745.11	+0.038%	$864K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0334%	1h	745.25	+0.056%	$70.1M	$121.0M	20x	as long as short
edgeX METAUSDC	+0.0484%	4h	743.90	−0.125%	$62K	$338K	10x	as long as short
Phoenix META	+0.0633%	1h	745.04	+0.028%	$762K	$1.4M	20x	as long as short