META

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%

Price spread now: Coinbase International against SoDEX−0.015%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX META-USD	739.19	0.0050	pay 0.0006% / 1h	54m 25s	$24K	$3K	10x
Short	Coinbase International META-PERP-INTX	739.08	0.0088	get 0.0011% / 1h	54m 25s	$642K	$7.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.015%Rate

Funding earned: $7.98
Price spread: −0.015% → 0.000%: −$1.49
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.51
Costs to cover: 0.180%
Break-even: 17.1 days

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 3 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 SoDEX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 3 min ago	3.59 bp	9.9 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit

SoDEX: 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 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	739.12	−0.009%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.33	+0.019%	$337K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.69	+0.068%	$492K	$629K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.00	−0.026%	$547K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.19	+0.001%	$25.2M	$191.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.08	−0.015%	$7.5M	$16.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.13	−0.008%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	738.84	−0.047%	$471K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.30	+0.015%	$5.9M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	739.44	+0.034%	$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	+0.064%	$12K	$423K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.86	+0.091%	$797	$6.8M	20x	as long as short
HTX META-USDT	0.0000%	8h	739.18	−0.001%	$108K	$309K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.73	+0.073%	$2.0M	$9K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.34	+0.020%	$856K	$2.8M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.28	+0.012%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.29	+0.014%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	738.78	−0.055%	$557K	$590K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	739.19	long leg	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	738.72	−0.064%	$754K	$5.1M	10x	as long as short
QFEX META-USD	+0.0056%	1h	739.17	−0.003%	$2.2M	$14.0M	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0061%	1h	738.78	−0.055%	$36K	$209K	10x	as long as short
Paradex META-USD-PERP	+0.0068%	8h	738.85	−0.047%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	739.65	+0.063%	$53K	$86K	10x	as long as short
Coinbase International META-PERP-INTXshort	+0.0088%	1h	739.08	−0.015%	$642K	$7.3M	10x
Pacifica META	+0.0100%	1h	738.64	−0.074%	$612	$3K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.20	+0.001%	$1.6M	$932K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.00	−0.026%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.18	−0.001%	$1K	$338	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.04	−0.021%	$266	—	10x	as long as short
Nado META-PERP	+0.0110%	1h	738.67	−0.070%	$474K	$536K	20x	as long as short
Arcus META-USD	+0.0209%	1h	739.20	+0.001%	$111K	$291K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.69	+0.203%	$167K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0294%	1h	739.05	−0.019%	$86.9M	$136.1M	20x	as long as short
Lighter META	+0.0352%	1h	739.38	+0.026%	$1.2M	$2.6M	20x	as long as short
Phoenix META	+0.0613%	1h	740.45	+0.170%	$791K	$1.6M	20x	as long as short
edgeX METAUSDC	+0.0808%	4h	739.92	+0.099%	$63K	$349K	10x	as long as short