Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Gate+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 0.055% dearer against Gate than usual: you sell high and buy low: +$6 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 | Gate META_USDT | 743.24 | 0 | get 0.0000% / 8h | 44m 01s | $345K | $5.5M | 100x |
| Short | Orderly PERP_META_USDC_mythos | 743.65 | 0.0100 | get 0.0100% / 8h | 44m 01s | $1K | $24 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.055% → 0.000%
- $5.52
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $5.52
- Costs to cover
- 0.210%
- Break-even
- 5.2 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago | 4.84 bp | 13.1 bp −$13 | 37.7 bp −$377 | doesn't fit | 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 | 743.68 | +0.059% | $281K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0078% | 1h | 743.41 | +0.023% | $392K | $329K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 743.12 | −0.016% | $459K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 743.54 | +0.040% | $549K | $1.6M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 743.67 | +0.058% | $27.4M | $179.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 743.55 | +0.042% | $7.5M | $14.0M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 743.79 | +0.074% | $6.0M | $13.3M | 20x | as long as short |
| Gate META_USDTlong | 0.0000% | 8h | 743.24 | long leg | $345K | $5.5M | 100x | |
| Bitget METAUSDT | 0.0000% | 8h | 743.61 | +0.050% | $5.6M | $11.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 743.70 | +0.062% | $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 | 743.15 | −0.013% | $13K | $486K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 743.56 | +0.043% | $1K | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 743.44 | +0.027% | $30K | $257K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 743.61 | +0.050% | $107K | $285K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 743.55 | +0.042% | $2.0M | $7K | 10x | as long as short |
| QFEX META-USD | +0.0027% | 1h | 743.54 | +0.040% | $2.2M | $14.3M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.89 | +0.087% | $760K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 743.23 | −0.001% | $110K | $481K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 744.01 | +0.104% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 743.74 | +0.067% | $178K | $209K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 743.66 | +0.057% | $543K | $841K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 743.66 | +0.057% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 742.93 | −0.042% | $780K | $4.3M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0051% | 8h | 743.57 | +0.044% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0061% | 1h | 743.96 | +0.096% | $52K | $72K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 743.28 | +0.005% | $610K | $7.4M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 743.26 | +0.003% | $1.6M | $378K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 743.07 | −0.023% | $166K | $74K | 50x | as long as short |
| Orderly PERP_META_USDC_mythosshort | +0.0100% | 8h | 743.65 | +0.055% | $1K | $24 | 10x | |
| Aevo META-PERP | +0.0104% | 1h | 743.50 | +0.035% | $268 | — | 10x | as long as short |
| Lighter META | +0.0128% | 1h | 743.88 | +0.086% | $865K | $2.6M | 20x | as long as short |
| Hotstuff META-PERP | +0.0128% | 1h | 743.77 | +0.071% | $33K | $105 | 20x | as long as short |
| Phoenix META | +0.0129% | 1h | 743.34 | +0.013% | $292K | $797K | 20x | as long as short |
| tradeXYZ xyz:META | +0.0211% | 1h | 743.76 | +0.070% | $67.6M | $122.3M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 745.22 | +0.266% | $170K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0897% | 4h | 743.03 | −0.029% | $62K | $332K | 10x | as long as short |
Gate META_USDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
Lighter META
Phoenix META
tradeXYZ xyz:META
Injective META/USDC PERP
edgeX METAUSDC