META

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: SunX against BloFin−0.023%55s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as 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−$800.804% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.023%, 7d avg +0.004%

Together, before fees+0.199%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.027% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.004%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). The two prices were read 55 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	BloFin META-USDT	740.01	−0.0120	get 0.0120% / 8h	4h 55m	$337K	$1.1M	20x
Short	SunX META-USDT	739.84	0	get 0.0000% / 8h	4h 55m	$653	$6.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $25.2
Price spread: −0.023% → +0.004%: −$2.65
Slippage, 4 orders: −$60.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$57.89
Costs to cover: 0.804%
Break-even: 23.1 days

Slippage from BloFin: live order book, 5 min ago; SunX: live order book, 7 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 BloFin live order book, 5 min ago	0.14 bp	8.2 bp −$8	13.3 bp −$133	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	28.64 bp	32.6 bp −$33	62.1 bp −$621	doesn't fit	doesn't fit

META on 37 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	740.15	+0.019%	$33K	$105	20x	as long as short
BloFin META-USDTlong	−0.0120%	8h	740.01	long leg	$337K	$1.1M	20x
Aster METAUSDT	0.0000%	8h	740.05	+0.005%	$492K	$629K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.38	−0.086%	$547K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.56	−0.061%	$25.2M	$191.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.40	−0.082%	$7.5M	$16.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.42	−0.080%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.14	−0.118%	$470K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.64	−0.050%	$5.9M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	739.44	−0.076%	$2.6M	$3.2M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	739.66	−0.047%	$12K	$423K	10x	as long as short
SunX META-USDTshort	0.0000%	8h	739.84	−0.023%	$653	$6.8M	20x
HTX META-USDT	0.0000%	8h	739.46	−0.074%	$108K	$310K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.83	−0.024%	$2.0M	$9K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0007%	1h	738.95	−0.143%	$36K	$209K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.63	−0.051%	$855K	$2.8M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.57	−0.059%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.53	−0.065%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.19	−0.111%	$557K	$590K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.53	−0.065%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.71	−0.176%	$754K	$5.1M	10x	as long as short
QFEX META-USD	+0.0056%	1h	739.32	−0.093%	$2.2M	$14.0M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	739.16	−0.114%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	740.03	+0.003%	$53K	$86K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0088%	1h	739.08	−0.126%	$642K	$7.3M	10x	as long as short
Nado META-PERP	+0.0097%	1h	739.00	−0.136%	$474K	$536K	20x	as long as short
Pacifica META	+0.0100%	1h	738.93	−0.146%	$612	$3K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.55	−0.062%	$1.6M	$932K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.00	−0.136%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.49	−0.070%	$1K	$338	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.36	−0.088%	$266	—	10x	as long as short
Arcus META-USD	+0.0209%	1h	739.20	−0.109%	$111K	$291K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.41	+0.189%	$167K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0262%	1h	739.39	−0.084%	$86.9M	$136.2M	20x	as long as short
Lighter META	+0.0344%	1h	739.68	−0.045%	$1.2M	$2.6M	20x	as long as short
Phoenix META	+0.0613%	1h	740.77	+0.103%	$791K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0808%	4h	739.92	−0.012%	$63K	$349K	10x	as long as short