META

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.010%

Price spread now: ApeX Omni against Popdex−0.018%57s7-day average −0.052% · 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—prices read too far apart to compare

costs, in and out, $10k−$650.648% of the position

Long on Popdex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.032%+$3 on $10k

Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.018%, 7d avg −0.052%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.034% dearer against Popdex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%. The two prices were read 57 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	Popdex METAUSDT	742.71	0.0048	pay 0.0006% / 1h	0m 05s	$179K	$200K	20x
Short	ApeX Omni METAUSDT	742.58	0.0100	get 0.0013% / 1h	0m 05s	$166K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Popdex. 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 PopdexbpFee ApeX OmnibpOrdersPrice spread, now −0.018%Rate

Funding earned: $10.92
Price spread: −0.018% → −0.052%: $3.43
Slippage, 4 orders: −$48.42
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$50.46
Costs to cover: 0.648%
Break-even: 39.3 days

Slippage from Popdex: live order book, 51 min ago; ApeX Omni: live order book, 49 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 Popdex live order book, 51 min ago	0.67 bp	4.4 bp −$4	9.1 bp −$91	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 49 min ago	2.62 bp	16.2 bp −$16	283.5 bp −$2,835	doesn't fit	doesn't fit

META on 37 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	742.18	−0.071%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	742.51	−0.027%	$338K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.00	+0.039%	$493K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.49	−0.030%	$548K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.50	−0.029%	$26.0M	$192.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.63	−0.011%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.57	−0.019%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.41	−0.040%	$454K	$6.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.57	−0.019%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	742.21	−0.067%	$2.5M	$3.0M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	743.32	+0.082%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.75	+0.005%	$938	$7.4M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.61	−0.013%	$107K	$299K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.98	+0.036%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.60	−0.015%	$837K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.11	−0.081%	$111K	$284K	10x	as long as short
QFEX META-USD	+0.0041%	1h	742.43	−0.038%	$2.2M	$14.0M	10x	as long as short
Nado META-PERP	+0.0045%	1h	742.07	−0.086%	$476K	$552K	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.81	+0.013%	—	$11K	25x	as long as short
Popdex METAUSDTlong	+0.0048%	1h	742.71	long leg	$179K	$200K	20x
Polymarket Perps META-USD	+0.0050%	1h	742.34	−0.050%	$559K	$612K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.52	−0.026%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.87	−0.113%	$701K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0052%	8h	742.13	−0.079%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0074%	1h	742.82	+0.015%	$53K	$78K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.16	−0.074%	$661K	$7.7M	10x	as long as short
Pacifica META	+0.0100%	1h	742.04	−0.091%	$606	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.70	−0.001%	$1.6M	$858K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	742.58	−0.018%	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.73	+0.003%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.88	+0.023%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.93	+0.030%	$168K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0235%	1h	742.36	−0.047%	$86.0M	$135.3M	20x	as long as short
Lighter META	+0.0256%	1h	742.71	0.000%	$1.2M	$2.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0303%	1h	742.31	−0.054%	$36K	$265K	10x	as long as short
edgeX METAUSDC	+0.0402%	4h	743.23	+0.069%	$62K	$349K	10x	as long as short
Phoenix META	+0.0643%	1h	743.87	+0.156%	$794K	$1.5M	20x	as long as short