META

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.028%

Price spread now: ApeX Omni against Nado−0.065%7-day average −0.012% · 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−$83as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.178%+$18 on $10k

Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.065%, 7d avg −0.012%

Together, before fees+0.411%+ Points / potential airdropNado: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.053% cheaper against Nado than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.012%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	743.06	−0.0014	get 0.0002% / 1h	34m 58s	$479K	$560K	20x
Short	ApeX Omni METAUSDT	742.58	0.0100	get 0.0013% / 1h	34m 58s	$166K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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 NadobpFee ApeX OmnibpOrdersPrice spread, now −0.065%Rate

Funding earned: $23.93
Price spread: −0.065% → −0.012%: −$5.3
Slippage, 4 orders: −$60.99
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$59.36
Costs to cover: 0.780%
Break-even: 24.4 days

Slippage from Nado: live order book, 63 min ago; ApeX Omni: live order book, 61 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 Nado live order book, 63 min ago	0.40 bp	14.5 bp −$15	93.1 bp −$931	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 61 min ago	2.62 bp	23.7 bp −$24	614.1 bp −$6,141	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	743.30	+0.032%	$334K	$1.1M	20x	as long as short
Nado META-PERPlong	−0.0014%	1h	743.06	long leg	$479K	$560K	20x
Aster METAUSDT	0.0000%	8h	744.00	+0.126%	$488K	$603K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.08	+0.002%	$547K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.31	+0.034%	$25.8M	$191.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.42	+0.048%	$7.4M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.88	−0.024%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.00	−0.008%	$476K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.24	+0.024%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	743.29	+0.031%	$2.5M	$3.0M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	743.50	+0.059%	$12K	$438K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.19	+0.017%	$796	$7.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.00	−0.008%	$46K	$282K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.02	−0.006%	$107K	$312K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.47	+0.055%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.39	+0.044%	$793K	$2.9M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.20	+0.019%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.05	−0.002%	$112K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.62	+0.075%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.24	+0.024%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.89	−0.023%	$565K	$619K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.15	+0.012%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.83	−0.031%	$722K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	743.18	+0.016%	—	—	5x	as long as short
edgeX METAUSDC	+0.0079%	4h	743.33	+0.035%	$63K	$346K	10x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.87	+0.109%	$51K	$93K	10x	as long as short
Pacifica META	+0.0100%	1h	743.03	−0.004%	$626	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.45	+0.052%	$1.6M	$763K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	742.58	−0.065%	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.34	+0.037%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.15	+0.011%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	742.98	−0.011%	$635K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.70	+0.355%	$176K	$52K	30x	as long as short
tradeXYZ xyz:META	+0.0284%	1h	743.25	+0.025%	$84.4M	$132.8M	20x	as long as short
Hotstuff META-PERP	+0.0288%	1h	743.49	+0.058%	$33K	$105	20x	as long as short
Lighter META	+0.0296%	1h	743.57	+0.068%	$1.2M	$2.9M	20x	as long as short
Phoenix META	+0.0791%	1h	744.37	+0.176%	$795K	$1.5M	20x	as long as short