META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h −0.019%

Price spread now: Popdex against Extended+0.029%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$180.180% of the position

Long on Extended Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.074%−$7 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.029%, 7d avg +0.033%

Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended META_24_5-USD	744.52	0	get 0.0000% / 1h	51m 20s	$547K	$2.3M	17x
Short	Popdex METAUSDT	744.74	0.0120	get 0.0015% / 1h	51m 20s	$177K	$203K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Extended. 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 ExtendedbpFee PopdexbpOrdersPrice spread, now +0.029%Rate

Funding earned: $25.2
Price spread: +0.029% → +0.033%: −$0.38
Slippage, 4 orders: −$6.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: $6.8
Costs to cover: 0.180%
Break-even: 5.1 days

Slippage from Extended: live order book, 2 min ago; Popdex: live order book, 52 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 Extended live order book, 2 min ago	0.13 bp	5.2 bp −$5	27.0 bp −$270	doesn't fit	doesn't fit
Sell Popdex live order book, 52 min ago	0.27 bp	3.7 bp −$4	6.4 bp −$64	doesn't fit	doesn't fit

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	745.06	+0.072%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.49	+0.130%	$479K	$593K	20x	as long as short
Extended META_24_5-USDlong	0.0000%	1h	744.52	long leg	$547K	$2.3M	17x
Binance METAUSDT	0.0000%	8h	744.61	+0.012%	$25.1M	$188.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.51	−0.002%	$7.5M	$15.4M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.73	+0.028%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.22	−0.041%	$465K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.64	+0.016%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	745.61	+0.146%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.24	+0.096%	$13K	$436K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	744.86	+0.045%	$947	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.41	−0.015%	$34K	$275K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.63	+0.014%	$106K	$309K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.56	+0.139%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.50	−0.003%	$2.2M	$13.9M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.83	+0.041%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.87	+0.047%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.46	−0.008%	$564K	$597K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.76	+0.032%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.17	−0.047%	$728K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	744.46	−0.009%	—	—	5x	as long as short
Lighter RH META	+0.0072%	1h	744.97	+0.060%	$787K	$3.1M	20x	as long as short
Nado META-PERP	+0.0077%	1h	744.22	−0.041%	$480K	$560K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	745.53	+0.135%	$52K	$81K	10x	as long as short
Pacifica META	+0.0100%	1h	744.84	+0.042%	$13	$106	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.74	+0.029%	$1.6M	$707K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.40	−0.016%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.58	+0.008%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.45	−0.010%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.65	+0.017%	$654K	$7.9M	10x	as long as short
Popdex METAUSDTshort	+0.0120%	1h	744.74	+0.029%	$177K	$203K	20x
Injective META/USDC PERP	+0.0220%	1h	748.52	+0.537%	$173K	$46K	30x	as long as short
edgeX METAUSDC	+0.0274%	4h	745.01	+0.066%	$62K	$344K	10x	as long as short
Hotstuff META-PERP	+0.0352%	1h	745.35	+0.111%	$33K	$105	20x	as long as short
Lighter META	+0.0488%	1h	745.18	+0.088%	$1.1M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0547%	1h	744.99	+0.063%	$80.5M	$129.1M	20x	as long as short
Phoenix META	+0.0750%	1h	746.46	+0.260%	$797K	$1.5M	20x	as long as short