META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.115%

Price spread now: Popdex against Extended−0.005%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$200.200% of the position

Long on Extended Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.080%−$8 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.005%, 7d avg +0.034%

Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.039% cheaper against Extended than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.034%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended META_24_5-USD	739.92	0	get 0.0000% / 1h	47m 37s	$552K	$1.9M	17x
Short	Popdex METAUSDT	739.88	0.0048	get 0.0006% / 1h	47m 37s	$177K	$194K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.005%Rate

Funding earned: $10.08
Price spread: −0.005% → +0.034%: −$3.92
Slippage, 4 orders: −$8.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$13.88
Costs to cover: 0.200%
Break-even: 16.6 days

Slippage from Extended: live order book, 1 min ago; Popdex: live order book, 26 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, 1 min ago	0.54 bp	5.7 bp −$6	38.8 bp −$388	doesn't fit	doesn't fit
Sell Popdex live order book, 26 min ago	0.40 bp	4.0 bp −$4	8.5 bp −$85	doesn't fit	doesn't fit

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	740.33	+0.056%	$327K	$1.1M	20x	as long as short
Phemex METAUSDT	−0.0086%	4h	740.78	+0.117%	$2.0M	$7K	10x	as long as short
Aster METAUSDT	0.0000%	8h	740.94	+0.139%	$463K	$546K	20x	as long as short
Extended META_24_5-USDlong	0.0000%	1h	739.92	long leg	$552K	$1.9M	17x
Binance METAUSDT	0.0000%	8h	740.10	+0.025%	$27.4M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.84	−0.010%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.11	+0.026%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.70	−0.029%	$357K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.15	+0.032%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	739.73	−0.025%	$2.3M	$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	740.20	+0.038%	$12K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.28	+0.049%	$899	$9.4M	20x	as long as short
HTX META-USDT	0.0000%	8h	740.21	+0.040%	$106K	$292K	30x	as long as short
Nado META-PERP	+0.0025%	1h	739.89	−0.003%	$382K	$335K	20x	as long as short
Lighter RH META	+0.0032%	1h	740.25	+0.045%	$758K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.50	+0.079%	—	$11K	25x	as long as short
Popdex METAUSDTshort	+0.0048%	1h	739.88	−0.005%	$177K	$194K	20x
Polymarket Perps META-USD	+0.0050%	1h	740.15	+0.032%	$558K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.20	+0.038%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.24	−0.091%	$735K	$4.3M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.96	+0.006%	$2.2M	$14.2M	10x	as long as short
Arcus META-USD	+0.0063%	1h	739.80	−0.016%	$110K	$331K	10x	as long as short
Paradex META-USD-PERP	+0.0068%	8h	739.91	−0.001%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.61	+0.093%	$50K	$77K	10x	as long as short
Hotstuff META-PERP	+0.0080%	1h	740.15	+0.032%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.33	+0.056%	$1.6M	$415K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.43	−0.066%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.37	+0.061%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.20	+0.039%	$266	—	10x	as long as short
tradeXYZ xyz:META	+0.0109%	1h	740.09	+0.023%	$67.7M	$121.3M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	739.59	−0.044%	$601K	$7.3M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.93	+0.272%	$169K	$46K	30x	as long as short
Lighter META	+0.0256%	1h	740.34	+0.057%	$856K	$2.4M	20x	as long as short
Phoenix META	+0.0259%	1h	740.16	+0.033%	$277K	$930K	20x	as long as short
edgeX METAUSDC	+0.0367%	4h	740.09	+0.024%	$62K	$334K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0453%	1h	740.52	+0.082%	$30K	$253K	10x	as long as short