Funding you earn now, next payment 21:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.123%
Price spread now: Extended against Aevo−0.042%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 −$3 a day on $10k at the current rate, and Extended is 0.042% cheaper against Aevo than usual: you would sell low and buy high (−$4 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 | 741.07 | 0.0104 | pay 0.0013% / 1h | 32m 24s | $267 | — | 10x |
| Short | Extended META_24_5-USD | 740.77 | 0 | get 0.0000% / 1h | 32m 24s | $561K | $1.5M | 17x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aevo. 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
- −$21.84
- Price spread: −0.042% → 0.000%
- −$4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago | 0.54 bp | 5.5 bp −$6 | 35.7 bp −$357 | 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 | 741.07 | −0.001% | $332K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.70 | +0.084% | $456K | $534K | 20x | as long as short |
| Extended META_24_5-USDshort | 0.0000% | 1h | 740.77 | −0.042% | $561K | $1.5M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 740.87 | −0.028% | $27.4M | $175.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 741.10 | +0.003% | $7.6M | $13.7M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.77 | −0.041% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.63 | −0.060% | $328K | $5.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.86 | −0.029% | $6.1M | $10.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 741.36 | +0.038% | $1.7M | $2.4M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 741.22 | +0.020% | $12K | $547K | 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 | 741.02 | −0.007% | $777 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.93 | −0.019% | $30K | $255K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.80 | −0.037% | $105K | $282K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 741.45 | +0.051% | $2.0M | $7K | 10x | as long as short |
| Nado META-PERP | +0.0026% | 1h | 740.76 | −0.043% | $349K | $286K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 741.17 | +0.013% | $737K | $3.2M | 20x | as long as short |
| Phoenix META | +0.0032% | 1h | 741.32 | +0.033% | $304K | $774K | 20x | as long as short |
| QFEX META-USD | +0.0037% | 1h | 741.03 | −0.006% | $2.2M | $14.1M | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 741.37 | +0.040% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.87 | −0.028% | $177K | $200K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.89 | −0.025% | $540K | $836K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 741.03 | −0.006% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.50 | −0.078% | $716K | $3.8M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0053% | 8h | 740.92 | −0.022% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0061% | 1h | 741.75 | +0.091% | $37K | $52K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0072% | 1h | 741.22 | +0.020% | $618K | $7.3M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.84 | −0.032% | $1.6M | $316K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.91 | −0.022% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 741.33 | +0.034% | $1K | $24 | 10x | as long as short |
| Aevo META-PERPlong | +0.0104% | 1h | 741.07 | long leg | $267 | — | 10x | |
| tradeXYZ xyz:META | +0.0193% | 1h | 740.90 | −0.024% | $69.4M | $118.9M | 20x | as long as short |
| Lighter META | +0.0216% | 1h | 741.23 | +0.021% | $861K | $2.6M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.53 | −0.073% | $171K | $47K | 30x | as long as short |
| Arcus META-USD | +0.0224% | 1h | 740.82 | −0.034% | $263K | $313K | 10x | as long as short |
| Hotstuff META-PERP | +0.0232% | 1h | 740.87 | −0.028% | $33K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.0832% | 4h | 741.23 | +0.021% | $62K | $327K | 10x | as long as short |
Extended META_24_5-USD
BloFin META-USDT
Aster METAUSDT
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Phoenix META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
tradeXYZ xyz:META
Lighter META
Injective META/USDC PERP
edgeX METAUSDC