META

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h −0.020%

Price spread now: Nado against Popdex−0.074%7-day average −0.038% · 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−$31as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Popdex Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.151%−$15 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.074%, 7d avg −0.038%

Together, before fees−0.257%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.036% cheaper against Popdex than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.038%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex METAUSDT	739.53	0.0048	pay 0.0006% / 1h	54m 55s	$178K	$199K	20x
Short	Nado META-PERP	738.98	0.0104	get 0.0013% / 1h	54m 55s	$474K	$536K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.074%Rate

Funding earned: $11.82
Price spread: −0.074% → −0.038%: −$3.64
Slippage, 4 orders: −$13.77
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$18.99
Costs to cover: 0.272%
Break-even: 18.2 days

Slippage from Popdex: live order book, 52 min ago; Nado: live order book, 51 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, 52 min ago	0.47 bp	4.3 bp −$4	10.1 bp −$101	doesn't fit	doesn't fit
Sell Nado live order book, 51 min ago	0.54 bp	8.6 bp −$9	17.8 bp −$178	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	740.15	+0.084%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.33	−0.027%	$337K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.74	+0.028%	$492K	$629K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	738.98	−0.074%	$547K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.24	−0.039%	$25.2M	$191.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.07	−0.062%	$7.5M	$16.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.14	−0.053%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	738.82	−0.096%	$471K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.33	−0.027%	$5.9M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	739.44	−0.012%	$2.6M	$3.2M	—	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	739.66	+0.018%	$12K	$423K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.86	+0.045%	$797	$6.8M	20x	as long as short
HTX META-USDT	0.0000%	8h	739.18	−0.047%	$108K	$309K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.73	+0.027%	$2.0M	$9K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.29	−0.032%	$856K	$2.8M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.47	−0.008%	—	$11K	25x	as long as short
Popdex METAUSDTlong	+0.0048%	1h	739.53	long leg	$178K	$199K	20x
Polymarket Perps META-USD	+0.0050%	1h	739.20	−0.045%	$557K	$590K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.19	−0.046%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.71	−0.111%	$754K	$5.1M	10x	as long as short
QFEX META-USD	+0.0056%	1h	739.32	−0.028%	$2.2M	$14.0M	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0061%	1h	738.78	−0.101%	$36K	$209K	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	739.16	−0.050%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	740.00	+0.063%	$53K	$86K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0088%	1h	739.08	−0.061%	$642K	$7.3M	10x	as long as short
Pacifica META	+0.0100%	1h	738.93	−0.081%	$612	$3K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.19	−0.046%	$1.6M	$932K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.00	−0.072%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.18	−0.047%	$1K	$338	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.04	−0.067%	$266	—	10x	as long as short
Nado META-PERPshort	+0.0104%	1h	738.98	−0.074%	$474K	$536K	20x
Arcus META-USD	+0.0209%	1h	739.20	−0.045%	$111K	$291K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.69	+0.157%	$167K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0290%	1h	739.13	−0.054%	$86.9M	$136.1M	20x	as long as short
Lighter META	+0.0344%	1h	739.35	−0.024%	$1.2M	$2.6M	20x	as long as short
Phoenix META	+0.0613%	1h	740.45	+0.124%	$791K	$1.6M	20x	as long as short
edgeX METAUSDC	+0.0808%	4h	739.92	+0.053%	$63K	$349K	10x	as long as short