Funding you earn now, next payment 08:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.079%
Price spread now: Variational Omni against edgeX0.000%89s7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now 0.000%, 7d avg −0.002%
=Together, before fees−0.417%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. The two prices were read 89 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 | edgeX METAUSDC | 745.99 | 0.0524 | pay 0.0262% / 4h | 2h 50m | $62K | $339K | 10x |
| Short | Variational Omni META | 745.99 | 0 | get 0.0000% / 8h | 2h 50m | $2.4M | $3.2M | — |
edgeX METAUSDC
Variational Omni METAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- −$110.09
- Price spread: 0.000% → −0.002%
- $0.16
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$118.93
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 63 min ago; Variational Omni: RFQ quote, 4 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 edgeX live order book, 63 min ago | 5.17 bp | 9.8 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.46 bp | doesn't fit | 10.6 bp −$106 | doesn't fit | doesn't fit |
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 | 746.10 | +0.015% | $333K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.59 | +0.080% | $492K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.44 | −0.074% | $547K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.61 | −0.051% | $28.3M | $181.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.54 | −0.061% | $7.4M | $14.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.81 | −0.024% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.28 | −0.095% | $430K | $5.9M | 100x | as long as short |
| Variational Omni METAshort | 0.0000% | 8h | 745.99 | 0.000% | $2.4M | $3.2M | — | |
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.09 | +0.013% | $13K | $448K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 745.74 | −0.034% | $715 | $8.5M | 20x | as long as short |
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
GRVT META_USDT_Perp
SunX META-USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX META-USDT | 0.0000% | 8h | 745.56 | −0.058% | $106K | $305K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 746.15 | +0.021% | $2.0M | $8K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0018% | 1h | 745.21 | −0.105% | $31K | $255K | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.76 | −0.031% | $111K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.14 | +0.020% | — | $11K | 25x | as long as short |
| QFEX META-USD | +0.0046% | 1h | 745.87 | −0.016% | $2.2M | $13.8M | 10x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.33 | −0.089% | $586K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.64 | −0.047% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.21 | −0.105% | $759K | $4.5M | 10x | as long as short |
| Nado META-PERP | +0.0060% | 1h | 745.35 | −0.085% | $482K | $557K | 20x | as long as short |
| Lighter RH META | +0.0072% | 1h | 745.76 | −0.031% | $768K | $2.9M | 20x | as long as short |
| Paradex META-USD-PERP | +0.0074% | 8h | 745.58 | −0.056% | — | — | 5x | as long as short |
| Bitget METAUSDT | +0.0079% | 8h | 745.69 | −0.040% | $5.5M | $11.9M | 100x | as long as short |
| Aftermath Perps METAUSD | +0.0086% | 1h | 746.47 | +0.064% | $51K | $82K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.76 | −0.031% | $1.6M | $633K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.14 | −0.114% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.71 | −0.038% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.58 | −0.055% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 746.41 | +0.056% | $671K | $7.6M | 10x | as long as short |
| Popdex METAUSDT | +0.0136% | 1h | 745.77 | −0.030% | $179K | $199K | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 749.00 | +0.403% | $173K | $46K | 30x | as long as short |
| Lighter META | +0.0376% | 1h | 745.82 | −0.023% | $983K | $2.5M | 20x | as long as short |
| Hotstuff META-PERP | +0.0464% | 1h | 746.19 | +0.027% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0522% | 1h | 745.97 | −0.003% | $72.3M | $122.6M | 20x | as long as short |
| edgeX METAUSDClong | +0.0524% | 4h | 745.99 | long leg | $62K | $339K | 10x | |
| Phoenix META | +0.0685% | 1h | 747.53 | +0.206% | $798K | $1.4M | 20x | as long as short |
HTX META-USDT
Phemex METAUSDT
Deribit META_USDC-PERPETUAL
Arcus META-USD
Vest META-USD-PERP
QFEX META-USD
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Nado META-PERP
Lighter RH META
Paradex META-USD-PERP
Bitget METAUSDT
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Popdex METAUSDT
Injective META/USDC PERP
Lighter META
Hotstuff META-PERP
tradeXYZ xyz:META
Phoenix META