META

Alert

Funding spread now, next payment 18:00 UTC+0.0794%/8h

paid, last 24h+0.091%paid, last 7 days+0.412%to open and close $10k−$24

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.412% in total (about 21.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter META	737.61	0.0064	pay 0.0008% / 1h	25m 35s	$852K	$2.5M	20x
Short	edgeX METAUSDC	738.10	0.0858	get 0.0429% / 4h	2h 25m	$62K	$328K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee edgeXbpOrdersRate

Funding earned: $166.75
Slippage, 4 orders: −$14.54
Fee Lighter: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $143.22
Break-even: 1.0 days

Slippage from Lighter: live order book, 8 min ago; edgeX: live order book, 14 min ago.

Price risk

price view

Price gap now: +0.067%
Avg gap 7d: +0.016%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Lighter live order book, 8 min ago	0.34 bp	1.7 bp −$2	3.8 bp −$38	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	5.51 bp	10.1 bp −$10	11.7 bp −$117	doesn't fit	doesn't fit

META on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	$330K	$859K	20x	as long as short
Hotstuff META-PERP	−0.0048%	1h	$33K	$105	20x	as long as short
Aster METAUSDT	0.0000%	8h	$453K	$168K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	$549K	$1.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	$25.7M	$128.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	$7.7M	$9.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	$5.9M	$10.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	$354K	$4.1M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	$5.7M	$8.2M	100x	as long as short
Variational Omni META	0.0000%	8h	$1.5M	$2.1M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	$745	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	$28K	$266K	10x	as long as short
HTX META-USDT	0.0000%	8h	$105K	$274K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	$2.0M	$6K	10x	as long as short
Nado META-PERP	+0.0018%	1h	$390K	$173K	20x	as long as short
QFEX META-USD	+0.0020%	1h	$1.8M	$9.5M	10x	as long as short
Lighter RH META	+0.0032%	1h	$704K	$2.7M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	$173K	$174K	20x	as long as short
Coinbase International META-PERP-INTX	+0.0048%	1h	$643K	$6.1M	10x	as long as short
tradeXYZ xyz:META	+0.0050%	1h	$66.8M	$57.4M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	$668K	$483K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	$775K	$3.1M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	—	—	5x	as long as short
Phoenix META	+0.0055%	1h	$252K	$513K	20x	as long as short
Lighter METAlong	+0.0064%	1h	$852K	$2.5M	20x
KuCoin METAUSDTM	+0.0100%	8h	$1.5M	$208K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	$135K	$57K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	$1K	—	10x	as long as short
Aevo META-PERP	+0.0104%	1h	$266	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	$168K	$101K	30x	as long as short
Aftermath Perps METAUSD	+0.0282%	1h	$44K	$45K	10x	as long as short
Arcus META-USD	+0.0325%	1h	$268K	$299K	10x	as long as short
edgeX METAUSDCshort	+0.0858%	4h	$62K	$328K	10x