Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.018%
Price spread now: Popdex against Vest−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Popdex is 0.044% cheaper against Vest than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 747.61 | 0.0046 | pay 0.0006% / 1h | 4m 55s | — | $11K | 25x |
| Short | Popdex METAUSDT | 747.28 | 0.0096 | get 0.0012% / 1h | 4m 55s | $180K | $199K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Vest. 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
- $10.57
- Price spread: −0.044% → 0.000%
- −$4.41
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$2.25
- Costs to cover
- 0.084%
- Break-even
- 8.5 days
Slippage unknown: Vest: no order-book sample; Popdex: live order book, 49 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 Vest no order-book sample | — | — | — | — | — |
| Sell Popdex live order book, 49 min ago | 0.34 bp | 4.3 bp −$4 | 7.2 bp −$72 | doesn't fit | doesn't fit |
Vest: 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 | 747.32 | −0.039% | $331K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0003% | 1h | 747.33 | −0.037% | $483K | $556K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 747.16 | −0.060% | $492K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 747.28 | −0.044% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 747.44 | −0.023% | $28.5M | $182.3M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 747.36 | −0.033% | $7.5M | $14.6M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 747.47 | −0.019% | $6.0M | $13.0M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 747.06 | −0.074% | $421K | $5.9M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 747.58 | −0.003% | $2.4M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 748.03 | +0.057% | $12K | $448K | 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 | 747.12 | −0.066% | $965 | $8.8M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 746.57 | −0.139% | $31K | $252K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 747.06 | −0.074% | $106K | $304K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 747.93 | +0.043% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 747.30 | −0.041% | $770K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 747.32 | −0.039% | $111K | $331K | 10x | as long as short |
| Vest META-USD-PERPlong | +0.0046% | 1h | 747.61 | long leg | — | $11K | 25x | |
| Polymarket Perps META-USD | +0.0050% | 1h | 746.80 | −0.108% | $588K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 747.19 | −0.056% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 746.55 | −0.142% | $770K | $4.6M | 10x | as long as short |
| QFEX META-USD | +0.0058% | 1h | 747.32 | −0.039% | $2.2M | $13.8M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0062% | 8h | 747.53 | −0.010% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0083% | 1h | 748.11 | +0.067% | $52K | $82K | 10x | as long as short |
| Popdex METAUSDTshort | +0.0096% | 1h | 747.28 | −0.044% | $180K | $199K | 20x | |
| Bitget METAUSDT | +0.0098% | 8h | 747.33 | −0.037% | $5.5M | $11.9M | 100x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 747.55 | −0.008% | $1.6M | $625K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 747.07 | −0.072% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 747.03 | −0.078% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 746.94 | −0.089% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 747.35 | −0.035% | $667K | $7.6M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 747.19 | −0.056% | $172K | $48K | 30x | as long as short |
| Hotstuff META-PERP | +0.0256% | 1h | 747.53 | −0.011% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0280% | 1h | 747.29 | −0.043% | $911K | $2.5M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0345% | 1h | 747.66 | +0.007% | $72.0M | $121.8M | 20x | as long as short |
| Phoenix META | +0.0633% | 1h | 749.25 | +0.219% | $800K | $1.4M | 20x | as long as short |
| edgeX METAUSDC | +0.0974% | 4h | 747.99 | +0.051% | $62K | $338K | 10x | as long as short |
Popdex METAUSDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Bitget METAUSDT
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC