META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%

Price spread now: SoDEX against Nado−0.073%47s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.073% cheaper against Nado than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.3 days of funding at the current rate (+$1 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	745.61	0.0004	pay 0.0001% / 1h	10m 28s	$482K	$557K	20x
Short	SoDEX META-USD	745.06	0.0050	get 0.0006% / 1h	10m 28s	$25K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $9.65
Price spread: −0.073% → 0.000%: −$7.34
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$12.7
Costs to cover: 0.150%
Break-even: 16.2 days

Slippage unknown: Nado: live order book, 38 min ago; SoDEX: 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 Nado live order book, 38 min ago	0.60 bp	10.0 bp −$10	46.7 bp −$467	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	745.92	+0.042%	$330K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.65	+0.006%	$480K	$590K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.53	−0.010%	$549K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.86	+0.034%	$27.7M	$182.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.83	+0.030%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.91	+0.041%	$6.0M	$12.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.30	−0.041%	$433K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.85	+0.033%	$5.5M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	745.86	+0.034%	$2.4M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	744.06	−0.207%	$12K	$443K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.91	+0.041%	$809	$8.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.57	−0.005%	$31K	$263K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.86	+0.034%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.24	−0.049%	$2.0M	$8K	10x	as long as short
Nado META-PERPlong	+0.0004%	1h	745.61	long leg	$482K	$557K	20x
Lighter RH META	+0.0032%	1h	746.18	+0.077%	$767K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.74	−0.116%	$110K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.26	+0.088%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	745.52	−0.012%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.81	+0.027%	$179K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.41	−0.026%	$586K	$562K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	745.06	−0.073%	$25K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	745.23	−0.051%	$748K	$4.9M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	745.81	+0.028%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0083%	1h	745.20	−0.055%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.67	+0.008%	$1.6M	$656K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.10	−0.202%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.78	+0.023%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.77	+0.022%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	744.53	−0.145%	$655K	$7.8M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.85	−0.370%	$171K	$46K	30x	as long as short
Lighter META	+0.0304%	1h	746.26	+0.088%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERP	+0.0360%	1h	746.32	+0.096%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0449%	1h	746.31	+0.094%	$75.9M	$125.6M	20x	as long as short
edgeX METAUSDC	+0.0521%	4h	744.35	−0.169%	$62K	$339K	10x	as long as short
Phoenix META	+0.0685%	1h	745.86	+0.034%	$796K	$1.4M	20x	as long as short