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 −0.030%

Price spread now: SunX against Orderly−0.005%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 SunX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_META_USDC_mythos	745.48	0.0100	pay 0.0100% / 8h	34m 55s	$1K	$24	10x
Short	SunX META-USDT	745.44	0	get 0.0000% / 8h	34m 55s	$695	$8.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$21
Price spread: −0.005% → 0.000%: −$0.54
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.54
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago	28.11 bp	32.1 bp −$32	61.7 bp −$617	doesn't fit	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 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	745.79	+0.042%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.35	−0.017%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.56	+0.011%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.77	+0.039%	$25.1M	$188.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.46	−0.003%	$7.5M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.74	+0.035%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.03	−0.060%	$469K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.61	+0.017%	$5.5M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	745.45	−0.004%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.58	+0.013%	$12K	$436K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDTshort	0.0000%	8h	745.44	−0.005%	$695	$8.1M	20x
HTX META-USDT	0.0000%	8h	745.31	−0.023%	$108K	$312K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.75	+0.036%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	745.33	−0.020%	$2.2M	$13.9M	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0032%	1h	745.01	−0.063%	$34K	$275K	10x	as long as short
Arcus META-USD	+0.0040%	1h	745.11	−0.050%	$112K	$339K	10x	as long as short
Nado META-PERP	+0.0041%	1h	744.85	−0.084%	$480K	$560K	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.64	+0.021%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.08	−0.054%	$565K	$621K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.49	+0.001%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.98	−0.067%	$729K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	745.36	−0.016%	—	—	5x	as long as short
Lighter RH META	+0.0056%	1h	746.00	+0.070%	$790K	$3.1M	20x	as long as short
Popdex METAUSDT	+0.0080%	1h	745.47	−0.001%	$177K	$203K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	746.24	+0.102%	$48K	$90K	10x	as long as short
Pacifica META	+0.0100%	1h	745.56	+0.011%	$25	$189	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.30	−0.024%	$1.6M	$717K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.68	−0.107%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythoslong	+0.0100%	8h	745.48	long leg	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	745.34	−0.018%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	745.33	−0.020%	$645K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.69	+0.296%	$172K	$46K	30x	as long as short
edgeX METAUSDC	+0.0275%	4h	745.30	−0.024%	$62K	$344K	10x	as long as short
Hotstuff META-PERP	+0.0472%	1h	745.89	+0.055%	$33K	$105	20x	as long as short
Lighter META	+0.0480%	1h	745.92	+0.059%	$1.1M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0571%	1h	746.17	+0.093%	$81.3M	$129.8M	20x	as long as short
Phoenix META	+0.0750%	1h	746.69	+0.162%	$797K	$1.5M	20x	as long as short