META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.075%

Price spread now: Orderly against Binance+0.024%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Orderly

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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.024% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance METAUSDT	740.87	0	get 0.0000% / 8h	3h 31m	$27.3M	$175.1M	20x
Short	Orderly PERP_META_USDC_mythos	741.05	0.0100	get 0.0100% / 8h	3h 31m	$1K	$24	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now +0.024%Rate

Funding earned: $21
Price spread: +0.024% → 0.000%: $2.43
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.43
Costs to cover: 0.160%
Break-even: 4.5 days

Slippage unknown: Binance: live order book, 3 min ago; Orderly: 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 Binance live order book, 3 min ago	0.07 bp	6.7 bp −$7	16.0 bp −$160	56.2 bp −$5,617	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	+0.027%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.70	+0.112%	$456K	$534K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.87	0.000%	$552K	$1.5M	17x	as long as short
Binance METAUSDTlong	0.0000%	8h	740.87	long leg	$27.3M	$175.1M	20x
Bybit METAUSDT	0.0000%	8h	741.13	+0.035%	$7.6M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.94	+0.009%	$6.1M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.64	−0.031%	$324K	$5.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.98	+0.015%	$6.1M	$10.4M	100x	as long as short
Variational Omni META	0.0000%	8h	741.36	+0.066%	$1.7M	$2.4M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	741.13	+0.035%	$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	740.82	−0.007%	$768	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.78	−0.012%	$30K	$255K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.37	+0.067%	$105K	$282K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.19	+0.043%	$2.0M	$7K	10x	as long as short
Nado META-PERP	+0.0024%	1h	740.77	−0.014%	$349K	$286K	20x	as long as short
Lighter RH META	+0.0032%	1h	741.23	+0.049%	$737K	$3.2M	20x	as long as short
Phoenix META	+0.0032%	1h	741.08	+0.028%	$303K	$774K	20x	as long as short
QFEX META-USD	+0.0037%	1h	741.09	+0.030%	$2.2M	$14.1M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.38	+0.069%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.95	+0.011%	$177K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.92	+0.007%	$540K	$836K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.94	+0.009%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.50	−0.050%	$717K	$3.8M	10x	as long as short
Paradex META-USD-PERP	+0.0053%	8h	740.94	+0.010%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0061%	1h	741.75	+0.118%	$37K	$52K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0072%	1h	741.13	+0.035%	$618K	$7.3M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.84	−0.004%	$1.6M	$316K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.61	−0.035%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythosshort	+0.0100%	8h	741.05	+0.024%	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	740.96	+0.012%	$267	—	10x	as long as short
tradeXYZ xyz:META	+0.0188%	1h	740.94	+0.009%	$69.4M	$118.9M	20x	as long as short
Lighter META	+0.0216%	1h	741.26	+0.053%	$861K	$2.6M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.49	−0.051%	$171K	$47K	30x	as long as short
Arcus META-USD	+0.0224%	1h	740.79	−0.011%	$263K	$313K	10x	as long as short
Hotstuff META-PERP	+0.0232%	1h	740.99	+0.016%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0423%	4h	741.06	+0.026%	$62K	$328K	10x	as long as short