META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.050%

Price spread now: SoDEX against Injective−0.375%7-day average — · you buy dearer than you sell

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

Long on Injective Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.375% cheaper against Injective than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective META/USDC PERP	748.43	0.0220	pay 0.0028% / 1h	45m 15s	$173K	$46K	30x
Short	SoDEX META-USD	745.62	0.0050	get 0.0006% / 1h	45m 15s	$25K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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 InjectivebpFee SoDEXbpOrdersPrice spread, now −0.375%Rate

Funding earned: −$35.7
Price spread: −0.375% → 0.000%: −$37.55
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$81.27
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 4 min ago; SoDEX: 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 Injective live order book, 4 min ago	19.96 bp	20.0 bp −$20	9885.4 bp −$98.9K	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	745.65	−0.371%	$333K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.24	−0.293%	$492K	$577K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.54	−0.386%	$547K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.71	−0.364%	$28.3M	$181.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.66	−0.370%	$7.4M	$14.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.77	−0.355%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.14	−0.440%	$434K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	745.64	−0.372%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.37	−0.409%	$12K	$450K	10x	as long as short
SunX META-USDT	0.0000%	8h	745.81	−0.350%	$823	$8.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX META-USDT	0.0000%	8h	745.54	−0.386%	$106K	$305K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.91	−0.337%	$2.0M	$8K	10x	as long as short
Arcus META-USD	+0.0040%	1h	745.21	−0.430%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.70	−0.365%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	745.62	−0.375%	$2.2M	$13.7M	10x	as long as short
Bitget METAUSDT	+0.0049%	8h	745.76	−0.357%	$5.4M	$11.9M	100x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.26	−0.424%	$586K	$564K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	745.62	−0.375%	$25K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	745.04	−0.453%	$758K	$4.5M	10x	as long as short
Nado META-PERP	+0.0055%	1h	745.04	−0.453%	$482K	$556K	20x	as long as short
Lighter RH META	+0.0056%	1h	745.79	−0.353%	$770K	$2.9M	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0072%	1h	745.25	−0.425%	$31K	$256K	10x	as long as short
Paradex META-USD-PERP	+0.0078%	8h	745.43	−0.401%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	746.29	−0.286%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.72	−0.362%	$1.6M	$633K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.41	−0.537%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.59	−0.379%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.47	−0.396%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	746.41	−0.270%	$671K	$7.6M	10x	as long as short
Popdex METAUSDT	+0.0136%	1h	745.77	−0.355%	$179K	$199K	20x	as long as short
Injective META/USDC PERPlong	+0.0220%	1h	748.43	long leg	$173K	$46K	30x
edgeX METAUSDC	+0.0361%	4h	745.34	−0.413%	$62K	$340K	10x	as long as short
Lighter META	+0.0384%	1h	745.88	−0.341%	$984K	$2.5M	20x	as long as short
Hotstuff META-PERP	+0.0448%	1h	745.82	−0.349%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0524%	1h	745.84	−0.346%	$72.5M	$122.9M	20x	as long as short
Phoenix META	+0.0685%	1h	746.70	−0.231%	$797K	$1.4M	20x	as long as short