META

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.022%

Price spread now: ApeX Omni against Extended+0.083%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$570.572% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.083%, 7d avg −0.022%

Together, before fees−0.142%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.105% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended META_24_5-USD	744.29	0	get 0.0000% / 1h	55m 19s	$546K	$3.3M	17x
Short	ApeX Omni METAUSDT	744.91	0.0100	get 0.0013% / 1h	55m 19s	$167K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.083%Rate

Funding earned: $21
Price spread: +0.083% → −0.022%: $10.47
Slippage, 4 orders: −$42.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$25.7
Costs to cover: 0.572%
Break-even: 15.6 days

Slippage from Extended: live order book, 3 min ago; ApeX Omni: live order book, 36 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 Extended live order book, 3 min ago	0.13 bp	5.2 bp −$5	23.5 bp −$235	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 36 min ago	2.62 bp	17.1 bp −$17	531.1 bp −$5,311	doesn't fit	doesn't fit

META on 37 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	745.62	+0.178%	$335K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.20	+0.122%	$490K	$628K	20x	as long as short
Extended META_24_5-USDlong	0.0000%	1h	744.29	long leg	$546K	$3.3M	17x
Binance METAUSDT	0.0000%	8h	744.43	+0.018%	$25.8M	$192.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.57	+0.037%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.58	+0.039%	$6.1M	$13.0M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.28	−0.002%	$447K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.38	+0.012%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	745.38	+0.146%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.62	+0.178%	$12K	$438K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.39	+0.147%	$786	$7.6M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.10	−0.026%	$36K	$269K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.32	+0.138%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.45	+0.156%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.38	+0.146%	$813K	$2.8M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.83	+0.072%	$111K	$315K	10x	as long as short
QFEX META-USD	+0.0041%	1h	745.04	+0.100%	$2.2M	$14.1M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.90	+0.082%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.16	+0.117%	$179K	$205K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.83	+0.072%	$566K	$609K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.62	+0.044%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.75	+0.062%	$741K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0063%	8h	744.99	+0.094%	—	—	5x	as long as short
Nado META-PERP	+0.0076%	1h	744.05	−0.032%	$478K	$559K	20x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	745.11	+0.111%	$51K	$91K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	744.98	+0.092%	$641K	$7.8M	10x	as long as short
Pacifica META	+0.0100%	1h	745.35	+0.143%	$608	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.17	+0.118%	$1.6M	$803K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	744.91	+0.083%	$167K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.55	+0.035%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.44	+0.019%	$268	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.33	+0.274%	$176K	$52K	30x	as long as short
Hotstuff META-PERP	+0.0280%	1h	745.33	+0.139%	$33K	$105	20x	as long as short
Lighter META	+0.0288%	1h	745.52	+0.165%	$1.2M	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0348%	1h	744.73	+0.059%	$86.4M	$134.8M	20x	as long as short
edgeX METAUSDC	+0.0473%	4h	745.31	+0.137%	$63K	$346K	10x	as long as short
Phoenix META	+0.0791%	1h	746.65	+0.317%	$797K	$1.5M	20x	as long as short