data as of
Settings8H · net · $10k
Funding arb /

META

RWAall META markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0050%/8h
paid, last 24h+0.010%paid, last 5 days+0.004%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_META_USDC_mythos712.790.0100pay 0.0100% / 8h33m 11s$1K10x
ShortPolymarket Perps META-USD712.920.0050get 0.0006% / 1h33m 11s$648K$463K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$10.5
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$24.5
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 16 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.018%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Polymarket Perps live order book, 16 min ago3.11 bp8.0 bp −$88.1 bp −$8110.7 bp −$1,073doesn'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 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin META-USDT−0.0120%8h$341K$470K20xas long as short
Phemex METAUSDT−0.0021%4h$1.9M$5K10xas long as short
Aster METAUSDT0.0000%8h$439K$86K20xas long as short
Extended META_24_5-USD0.0000%1h$515K$1.3M17xas long as short
Binance METAUSDT0.0000%8h$25.3M$93.2M20xas long as short
Bybit METAUSDT0.0000%8h$6.8M$7.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h$6.1M$7.4M20xas long as short
Gate META_USDT0.0000%8h$383K$3.2M100xas long as short
Bitget METAUSDT0.0000%8h$4.9M$5.9M100xas long as short
Variational Omni META0.0000%8h$1.4M$1.9Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX META-USDT0.0000%8h$965$8.2M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h$29K$254K10xas long as short
HTX META-USDT0.0000%8h$101K$265K30xas long as short
Nado META-PERP+0.0017%1h$442K$87K20xas long as short
QFEX META-USD+0.0028%1h$1.8M$6.0M10xas long as short
Lighter META+0.0032%1h$686K$2.1M20xas long as short
Lighter RH META+0.0032%1h$667K$2.4M20xas long as short
Vest META-USD-PERP+0.0046%1h$6K25xas long as short
Popdex METAUSDT+0.0048%1h$166K$155K20xas long as short
tradeXYZ xyz:META+0.0050%1h$61.7M$46.5M20xas long as short
Polymarket Perps META-USDshort+0.0050%1h$648K$463K10x
SoDEX META-USD+0.0050%1h$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h$845K$2.6M10xas long as short
Paradex META-USD-PERP+0.0052%8h5xas long as short
Coinbase International META-PERP-INTX+0.0056%1h$644K$4.9M10xas long as short
Hotstuff META-PERP+0.0088%1h$32K$10520xas long as short
Arcus META-USD+0.0088%1h$280K$249K10xas long as short
Phoenix META+0.0090%1h$230K$284K20xas long as short
KuCoin METAUSDTM+0.0100%8h$1.5M$139K20xas long as short
ApeX Omni METAUSDT+0.0100%1h$111K$46K50xas long as short
Orderly PERP_META_USDC_mythoslong+0.0100%8h$1K10x
Aevo META-PERP+0.0104%1h$25710xas long as short
Injective META/USDC PERP+0.0220%1h$162K$135K30xas long as short
Aftermath Perps METAUSD+0.0244%1h$43K$48K10xas long as short
edgeX METAUSDC+0.0875%4h$60K$324K10xas long as short