META

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.023%

Price spread now: tradeXYZ against ApeX Omni+0.089%45s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.511% of the position

Long on ApeX Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.089%, 7d avg +0.017%

Together, before fees+0.005%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.072% dearer against ApeX Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni METAUSDT	739.61	0.0100	pay 0.0013% / 1h	12m 46s	$166K	$71K	50x
Short	tradeXYZ xyz:META	740.27	0.0239	get 0.0030% / 1h	12m 46s	$68.3M	$120.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against ApeX Omni. 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 ApeX OmnibpFee tradeXYZbpOrdersPrice spread, now +0.089%Rate

Funding earned: $29.13
Price spread: +0.089% → +0.017%: $7.18
Slippage, 4 orders: −$23.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$14.77
Costs to cover: 0.511%
Break-even: 10.5 days

Slippage from ApeX Omni: live order book, 53 min ago; tradeXYZ: live order book, 7 min ago.

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 ApeX Omni live order book, 53 min ago	2.63 bp	15.4 bp −$15	379.5 bp −$3,795	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.41 bp	9.7 bp −$10	10.4 bp −$104	doesn't fit	doesn't fit

META on 35 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
Deribit META_USDC-PERPETUAL	−0.0128%	1h	739.79	+0.024%	$31K	$244K	10x	as long as short
Nado META-PERP	−0.0120%	1h	740.05	+0.059%	$478K	$549K	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.91	+0.175%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.15	+0.073%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.34	+0.099%	$27.3M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.20	+0.080%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.13	+0.070%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.97	+0.049%	$352K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.28	+0.091%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.06	+0.061%	$2.3M	$3.1M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	740.19	+0.078%	$12K	$434K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.13	+0.070%	$879	$9.2M	20x	as long as short
HTX META-USDT	0.0000%	8h	740.05	+0.059%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.23	+0.084%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.22	+0.082%	$2.2M	$13.9M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.54	+0.126%	$750K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	739.73	+0.016%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.54	+0.126%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.22	+0.082%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.20	+0.080%	$558K	$547K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.19	+0.078%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.36	−0.034%	$697K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	740.12	+0.069%	—	—	5x	as long as short
edgeX METAUSDC	+0.0066%	4h	739.99	+0.051%	$62K	$337K	10x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	740.82	+0.163%	$49K	$80K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.44	+0.112%	$1.6M	$487K	20x	as long as short
ApeX Omni METAUSDTlong	+0.0100%	1h	739.61	long leg	$166K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.26	+0.088%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.10	+0.066%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	740.66	+0.142%	$609K	$7.2M	10x	as long as short
Lighter META	+0.0136%	1h	740.49	+0.119%	$860K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0160%	1h	740.27	+0.089%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	739.90	+0.039%	$171K	$48K	30x	as long as short
tradeXYZ xyz:METAshort	+0.0239%	1h	740.27	+0.089%	$68.3M	$120.0M	20x
Phoenix META	+0.0313%	1h	740.88	+0.172%	$442K	$1.1M	20x	as long as short