META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.020%

Price spread now: Deribit against Aevo−0.075%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.075% cheaper against Aevo than usual: you would sell low and buy high (−$7 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	Aevo META-PERP	742.36	0.0104	pay 0.0013% / 1h	39m 24s	$267	—	10x
Short	Deribit META_USDC-PERPETUAL	741.80	−0.0006	pay 0.0001% / 1h	39m 24s	$31K	$245K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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 AevobpFee DeribitbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$23.11
Price spread: −0.075% → 0.000%: −$7.5
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$53.61
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 19 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 Aevo no order-book sample	—	—	—	—	—
Sell Deribit live order book, 19 min ago	0.07 bp	3.6 bp −$4	6.6 bp −$66	doesn't fit	doesn't fit

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 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	742.47	+0.015%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0041%	1h	741.79	−0.076%	$480K	$553K	20x	as long as short
Deribit META_USDC-PERPETUALshort	−0.0006%	1h	741.80	−0.075%	$31K	$245K	10x
Aster METAUSDT	0.0000%	8h	742.36	+0.001%	$466K	$551K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.04	−0.043%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.39	+0.005%	$27.5M	$180.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.19	−0.022%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.16	−0.026%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.95	−0.055%	$363K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.37	+0.002%	$5.4M	$11.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	742.48	+0.016%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.51	+0.021%	$12K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.67	+0.042%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.26	−0.013%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.35	−0.001%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.42	+0.009%	$766K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	742.30	−0.008%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.06	−0.040%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.45	+0.013%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.27	−0.012%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.02	−0.045%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.43	+0.010%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.69	−0.090%	$710K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0061%	8h	742.06	−0.039%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.15	+0.107%	$51K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.42	+0.009%	$1.6M	$539K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.86	−0.067%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.30	−0.008%	$1K	$24	10x	as long as short
Aevo META-PERPlong	+0.0104%	1h	742.36	long leg	$267	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	742.02	−0.045%	$614K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0136%	1h	742.35	−0.001%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.47	+0.285%	$172K	$48K	30x	as long as short
Lighter META	+0.0232%	1h	742.38	+0.003%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0267%	1h	742.33	−0.004%	$69.4M	$120.3M	20x	as long as short
edgeX METAUSDC	+0.0317%	4h	742.38	+0.003%	$62K	$335K	10x	as long as short
Phoenix META	+0.0591%	1h	743.35	+0.134%	$647K	$1.2M	20x	as long as short