META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%

Price spread now: Nado against SoDEX+0.022%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.022% dearer against SoDEX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX META-USD	745.36	0.0050	pay 0.0006% / 1h	9m 09s	$25K	$3K	10x
Short	Nado META-PERP	745.52	0.0002	get 0.0000% / 1h	9m 09s	$482K	$557K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.022%Rate

Funding earned: −$10
Price spread: +0.022% → 0.000%: $2.15
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22.85
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 39 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 Nado live order book, 39 min ago	0.60 bp	10.2 bp −$10	18.0 bp −$180	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 36 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	745.61	+0.034%	$330K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.55	+0.025%	$480K	$590K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.40	+0.005%	$549K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.60	+0.032%	$27.7M	$182.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.57	+0.028%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.71	+0.047%	$6.0M	$12.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.30	−0.008%	$433K	$6.0M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.68	+0.043%	$5.5M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	745.86	+0.067%	$2.4M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.02	+0.088%	$12K	$440K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.69	+0.044%	$888	$8.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.36	0.000%	$31K	$263K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.50	+0.019%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.68	+0.043%	$2.0M	$8K	10x	as long as short
Nado META-PERPshort	+0.0002%	1h	745.52	+0.022%	$482K	$557K	20x
Lighter RH META	+0.0032%	1h	745.93	+0.076%	$775K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.94	−0.056%	$110K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	746.12	+0.102%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	745.57	+0.028%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.77	+0.055%	$179K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.36	0.000%	$586K	$562K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	745.36	long leg	$25K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	745.21	−0.020%	$748K	$4.9M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	745.70	+0.046%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0083%	1h	745.46	+0.014%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.61	+0.034%	$1.6M	$656K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	745.52	+0.021%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.70	+0.046%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.53	+0.023%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	745.40	+0.005%	$656K	$7.8M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.03	+0.358%	$172K	$46K	30x	as long as short
Lighter META	+0.0296%	1h	745.99	+0.085%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERP	+0.0360%	1h	746.30	+0.126%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0449%	1h	746.00	+0.086%	$75.9M	$125.6M	20x	as long as short
Phoenix META	+0.0685%	1h	746.97	+0.216%	$798K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0903%	4h	745.78	+0.056%	$62K	$339K	10x	as long as short