Funding you earn now, next payment 02:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.050%
Price spread now: Ondo Perps against Injective−0.398%7-day average −0.385% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 3 days (all we have)+0.177%+$18 · spread now −0.398%, 7d avg −0.385%
=Together, before fees−0.166%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.385%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 742.82 | 0.0220 | pay 0.0028% / 1h | 58m 31s | $171K | $48K | 30x |
| Short | Ondo Perps META-USD.P | 739.86 | 0.0050 | get 0.0006% / 1h | 58m 31s | $693K | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- −$35.62
- Price spread: −0.398% → −0.385%
- −$1.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$41.98
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 10 min ago; Ondo Perps: 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 Injective live order book, 10 min ago | 14.91 bp | 14.9 bp −$15 | 9877.0 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 740.34 | −0.334% | $326K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0106% | 1h | 740.29 | −0.341% | $490K | $527K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.0047% | 1h | 739.98 | −0.382% | $30K | $246K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.40 | −0.326% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.21 | −0.352% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.52 | −0.310% | $27.4M | $179.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.63 | −0.295% | $7.5M | $14.0M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.11 | −0.365% | $5.9M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.20 | −0.353% | $351K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.42 | −0.323% | $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 | −0.351% | $2.4M | $3.3M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.46 | −0.318% | $12K | $452K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.37 | −0.330% | $720 | $9.3M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.99 | −0.381% | $105K | $295K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.44 | −0.320% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0025% | 1h | 740.18 | −0.355% | $2.2M | $14.1M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.62 | −0.296% | $753K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.01 | −0.378% | $110K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.84 | −0.267% | — | $11K | 25x | as long as short |
| Hotstuff META-PERP | +0.0048% | 1h | 740.59 | −0.300% | $33K | $105 | 20x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.41 | −0.324% | $176K | $197K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.15 | −0.359% | $558K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.34 | −0.334% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.0050% | 1h | 739.86 | −0.398% | $693K | $4.4M | 10x | |
| Paradex META-USD-PERP | +0.0059% | 8h | 740.39 | −0.327% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0067% | 1h | 741.01 | −0.244% | $48K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.62 | −0.296% | $1.6M | $456K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.26 | −0.345% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.41 | −0.324% | $1K | $24 | 10x | as long as short |
| Lighter META | +0.0104% | 1h | 740.58 | −0.302% | $857K | $2.4M | 20x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.27 | −0.343% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 740.19 | −0.354% | $610K | $7.4M | 10x | as long as short |
| tradeXYZ xyz:META | +0.0164% | 1h | 740.57 | −0.303% | $67.9M | $121.1M | 20x | as long as short |
| Injective META/USDC PERPlong | +0.0220% | 1h | 742.82 | long leg | $171K | $48K | 30x | |
| Phoenix META | +0.0259% | 1h | 741.06 | −0.237% | $343K | $920K | 20x | as long as short |
| edgeX METAUSDC | +0.0352% | 4h | 740.50 | −0.312% | $62K | $336K | 10x | as long as short |
Injective META/USDC PERP
BloFin META-USDT
Deribit META_USDC-PERPETUAL
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Lighter META
Coinbase International META-PERP-INTX
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC