Funding you earn now, next payment 07:00 UTC−0.0382%/8h= −41.8% APRnext payment −$0.48 per $10,000 · paid last 24h −0.026%
Price spread now: Aevo against tradeXYZ−0.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aevo is 0.083% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:META | 745.36 | 0.0486 | pay 0.0061% / 1h | 24m 15s | $77.7M | $127.4M | 20x |
| Short | Aevo META-PERP | 744.74 | 0.0104 | get 0.0013% / 1h | 24m 15s | $268 | — | 10x |
tradeXYZ xyz:META
Aevo META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$80.22
- Price spread: −0.083% → 0.000%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$122.55
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; Aevo: no order-book sample. 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 tradeXYZ live order book, 6 min ago | 0.40 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 744.90 | −0.062% | $333K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0044% | 1h | 744.32 | −0.140% | $480K | $559K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.22 | −0.019% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 744.73 | −0.084% | $548K | $1.8M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 744.90 | −0.062% | $25.0M | $188.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 744.78 | −0.078% | $7.3M | $15.4M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 744.70 | −0.089% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.27 | −0.146% | $460K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 744.98 | −0.051% | $5.5M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 744.86 | −0.066% | $2.4M | $3.3M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 744.95 | −0.054% | $12K | $440K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 744.77 | −0.079% | $646 | $8.2M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.51 | −0.114% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.51 | −0.114% | $106K | $308K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 744.90 | −0.062% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 744.72 | −0.086% | $2.2M | $13.9M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.33 | −0.004% | $787K | $2.9M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.60 | −0.102% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.48 | +0.016% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 744.78 | −0.078% | $177K | $205K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.47 | −0.119% | $586K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 744.88 | −0.064% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 744.60 | −0.102% | $685K | $5.3M | 10x | as long as short |
| edgeX METAUSDC | +0.0052% | 4h | 745.04 | −0.043% | $62K | $342K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0060% | 8h | 744.52 | −0.112% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0085% | 1h | 745.82 | +0.062% | $52K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.92 | −0.059% | $1.6M | $685K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.59 | −0.103% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 744.79 | −0.076% | $1K | $24 | 10x | as long as short |
| Aevo META-PERPshort | +0.0104% | 1h | 744.74 | −0.083% | $268 | — | 10x | |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 744.73 | −0.085% | $650K | $8.0M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.56 | +0.161% | $172K | $46K | 30x | as long as short |
| Lighter META | +0.0352% | 1h | 745.45 | +0.012% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0368% | 1h | 745.37 | +0.001% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:METAlong | +0.0486% | 1h | 745.36 | long leg | $77.7M | $127.4M | 20x | |
| Phoenix META | +0.0739% | 1h | 746.28 | +0.123% | $797K | $1.5M | 20x | as long as short |
| Pacifica META | +0.0800% | 1h | 744.78 | −0.078% | $13 | $46 | — | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
edgeX METAUSDC
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
Hotstuff META-PERP
Phoenix META
Pacifica META