Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.058%
Price spread now: Ondo Perps against Extended−0.031%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days+0.679%+$68 · spread now −0.031%, 7d avg −0.062%
=Together, before fees+0.644%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.031% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended META_24_5-USD | 744.83 | 0 | get 0.0000% / 1h | 26m 08s | $548K | $1.8M | 17x |
| Short | Ondo Perps META-USD.P | 744.60 | 0.0050 | get 0.0006% / 1h | 26m 08s | $685K | $5.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Extended. 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
- $10.58
- Price spread: −0.031% → −0.062%
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $3.71
- Costs to cover
- 0.100%
- Break-even
- 4.5 days
Slippage unknown: Extended: live order book, 2 min ago; Ondo Perps: 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 Extended live order book, 2 min ago | 0.34 bp | 5.7 bp −$6 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 37 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 | 745.00 | +0.023% | $333K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0045% | 1h | 744.88 | +0.006% | $480K | $559K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.15 | +0.043% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USDlong | 0.0000% | 1h | 744.83 | long leg | $548K | $1.8M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 744.96 | +0.018% | $25.0M | $188.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 744.81 | −0.003% | $7.3M | $15.4M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 744.95 | +0.016% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.43 | −0.054% | $460K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.03 | +0.027% | $5.6M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 744.51 | −0.042% | $2.4M | $3.3M | — | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 744.76 | −0.010% | $12K | $439K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 744.90 | +0.009% | $699 | $8.2M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.45 | −0.051% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.79 | −0.006% | $106K | $308K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 744.97 | +0.019% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 744.72 | −0.015% | $2.2M | $14.0M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.31 | +0.064% | $787K | $2.9M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.61 | −0.030% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.55 | +0.097% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 744.99 | +0.021% | $177K | $203K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.54 | −0.039% | $586K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 744.97 | +0.019% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.0050% | 1h | 744.60 | −0.031% | $685K | $5.3M | 10x | |
| Paradex META-USD-PERP | +0.0060% | 8h | 744.84 | +0.001% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0085% | 1h | 745.90 | +0.144% | $52K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.92 | +0.012% | $1.6M | $682K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.47 | −0.048% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 744.92 | +0.012% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 744.76 | −0.010% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 744.73 | −0.014% | $650K | $8.0M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.56 | +0.232% | $172K | $46K | 30x | as long as short |
| Lighter META | +0.0360% | 1h | 745.47 | +0.086% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0360% | 1h | 745.36 | +0.071% | $33K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.0412% | 4h | 744.66 | −0.023% | $62K | $342K | 10x | as long as short |
| tradeXYZ xyz:META | +0.0486% | 1h | 745.40 | +0.076% | $77.6M | $127.8M | 20x | as long as short |
| Phoenix META | +0.0739% | 1h | 746.25 | +0.190% | $797K | $1.5M | 20x | as long as short |
| Pacifica META | +0.0800% | 1h | 745.02 | +0.026% | $13 | $46 | — | 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
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
edgeX METAUSDC
tradeXYZ xyz:META
Phoenix META
Pacifica META