META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h +0.006%

Price spread now: SoDEX against Coinbase International+0.039%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. SoDEX is 0.039% dearer against Coinbase International than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International META-PERP-INTX	740.19	0.0104	pay 0.0013% / 1h	57m 25s	$610K	$7.4M	10x
Short	SoDEX META-USD	740.48	0.0050	get 0.0006% / 1h	57m 25s	$24K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$11.34
Price spread: +0.039% → 0.000%: $3.92
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.42
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; SoDEX: 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 Coinbase International live order book, 2 min ago	1.62 bp	7.0 bp −$7	10.8 bp −$108	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Nado META-PERP	−0.0218%	1h	740.35	+0.022%	$490K	$528K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	740.34	+0.020%	$326K	$1.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	−0.0115%	1h	739.90	−0.039%	$30K	$246K	10x	as long as short
Aster METAUSDT	0.0000%	8h	740.39	+0.027%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.20	+0.002%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.39	+0.027%	$27.4M	$179.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.45	+0.035%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.46	+0.036%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.24	+0.007%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.47	+0.038%	$5.6M	$11.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	740.22	+0.003%	$2.4M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.42	+0.031%	$12K	$452K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.51	+0.043%	$801	$9.3M	20x	as long as short
HTX META-USDT	0.0000%	8h	740.35	+0.022%	$105K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.61	+0.057%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.18	−0.001%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.70	+0.069%	$753K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.00	−0.026%	$110K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.80	+0.082%	—	$11K	25x	as long as short
Hotstuff META-PERP	+0.0048%	1h	740.60	+0.055%	$33K	$105	20x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.45	+0.035%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.25	+0.008%	$558K	$857K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	740.48	+0.039%	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	739.86	−0.045%	$693K	$4.4M	10x	as long as short
Paradex META-USD-PERP	+0.0059%	8h	740.35	+0.022%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0067%	1h	741.01	+0.111%	$48K	$80K	10x	as long as short
Lighter META	+0.0080%	1h	740.60	+0.055%	$857K	$2.4M	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.56	+0.050%	$1.6M	$456K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.87	−0.043%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.41	+0.030%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.23	+0.006%	$266	—	10x	as long as short
Coinbase International META-PERP-INTXlong	+0.0104%	1h	740.19	long leg	$610K	$7.4M	10x
tradeXYZ xyz:META	+0.0161%	1h	740.55	+0.049%	$68.0M	$121.2M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.82	+0.355%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	741.02	+0.112%	$347K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0371%	4h	740.31	+0.016%	$62K	$333K	10x	as long as short