META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.026%

Price spread now: Bitget against Orderly−0.044%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.044% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_META_USDC_mythos	745.16	0.0100	pay 0.0100% / 8h	3h 46m	$1K	$24	10x
Short	Bitget METAUSDT	744.83	0	get 0.0000% / 8h	3h 46m	$5.4M	$11.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$21
Price spread: −0.044% → 0.000%: −$4.43
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$43.43
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	1.01 bp	9.4 bp −$9	20.8 bp −$208	38.6 bp −$3,859	doesn't fit

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	745.02	−0.019%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0014%	1h	744.71	−0.060%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.68	−0.064%	$469K	$554K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.94	−0.030%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.16	0.000%	$28.4M	$182.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.75	−0.055%	$7.5M	$14.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.96	−0.027%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.61	−0.074%	$364K	$5.8M	100x	as long as short
Bitget METAUSDTshort	0.0000%	8h	744.83	−0.044%	$5.4M	$11.8M	100x
Variational Omni META	0.0000%	8h	744.99	−0.022%	$2.4M	$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	743.99	−0.157%	$12K	$450K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.94	−0.030%	$702	$9.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.57	−0.079%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.00	−0.021%	$106K	$302K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.07	−0.012%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.32	+0.021%	$782K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.22	−0.126%	$111K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.27	+0.015%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.08	−0.011%	$179K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.79	−0.050%	$586K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.96	−0.027%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.23	−0.259%	$801K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	744.88	−0.038%	$2.2M	$13.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	745.11	−0.006%	$52K	$82K	10x	as long as short
Paradex META-USD-PERP	+0.0097%	8h	744.92	−0.032%	—	—	5x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.83	−0.044%	$1.6M	$602K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.08	−0.279%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythoslong	+0.0100%	8h	745.16	long leg	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	744.98	−0.024%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	744.02	−0.153%	$617K	$7.4M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.08	−0.145%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0232%	1h	745.08	−0.011%	$33K	$105	20x	as long as short
Lighter META	+0.0248%	1h	745.30	+0.019%	$864K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0333%	1h	745.24	+0.011%	$70.1M	$121.0M	20x	as long as short
edgeX METAUSDC	+0.0484%	4h	743.90	−0.169%	$62K	$338K	10x	as long as short
Phoenix META	+0.0633%	1h	745.04	−0.016%	$762K	$1.4M	20x	as long as short