Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: SoDEX against Nado+0.069%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.069% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado META-PERP746.020.0015pay 0.0002% / 1h5m 43s$481K$561K20x
ShortSoDEX META-USD746.530.0050get 0.0006% / 1h5m 43s$25K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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

Funding earned
$7.35
Price spread: +0.069% → 0.000%
$6.87
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$0.78
Costs to cover
0.150%
Break-even
7.7 days
Slippage unknown: Nado: live order book, 32 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 32 min ago0.40 bp14.5 bp −$1593.1 bp −$931doesn't fitdoesn'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 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h746.81+0.106%$333K$1.1M20xas long as short
Aster METAUSDT0.0000%8h746.54+0.070%$480K$593K20xas long as short
Extended META_24_5-USD0.0000%1h746.40+0.051%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h746.58+0.075%$25.4M$189.7M20xas long as short
Bybit METAUSDT0.0000%8h746.80+0.105%$7.5M$15.5M100xas long as short
OKX META-USDT-SWAP0.0000%8h746.65+0.085%$6.0M$12.8M20xas long as short
Gate META_USDT0.0000%8h746.25+0.031%$473K$6.3M100xas long as short
Bitget METAUSDT0.0000%8h746.53+0.069%$5.7M$12.4M100xas long as short
Variational Omni META0.0000%8h746.51+0.067%$2.5M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h747.23+0.163%$12K$439K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h746.58+0.075%$1K$8.0M20xas long as short
HTX META-USDT0.0000%8h746.28+0.035%$108K$312K30xas long as short
Phemex METAUSDT0.0000%4h747.25+0.165%$2.0M$8K10xas long as short
Nado META-PERPlong+0.0015%1h746.02long leg$481K$561K20x
QFEX META-USD+0.0031%1h746.53+0.069%$2.2M$14.1M10xas long as short
Lighter RH META+0.0040%1h746.82+0.108%$797K$3.1M20xas long as short
Arcus META-USD+0.0040%1h746.60+0.078%$112K$338K10xas long as short
Vest META-USD-PERP+0.0046%1h747.11+0.146%$12K25xas long as short
Polymarket Perps META-USD+0.0050%1h746.28+0.035%$568K$621K10xas long as short
SoDEX META-USDshort+0.0050%1h746.53+0.069%$25K$3K10x
Ondo Perps META-USD.P+0.0050%1h746.25+0.031%$734K$5.1M10xas long as short
Paradex META-USD-PERP+0.0056%8h746.47+0.061%5xas long as short
Deribit META_USDC-PERPETUAL+0.0058%1h746.16+0.019%$34K$276K10xas long as short
Popdex METAUSDT+0.0072%1h746.59+0.077%$178K$202K20xas long as short
Aftermath Perps METAUSD+0.0087%1h747.44+0.191%$49K$91K10xas long as short
Pacifica META+0.0100%1h746.78+0.103%$633$1K10xas long as short
KuCoin METAUSDTM+0.0100%8h746.81+0.106%$1.6M$728K20xas long as short
ApeX Omni METAUSDT+0.0100%1h746.55+0.071%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h746.65+0.085%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h746.51+0.066%$26910xas long as short
Coinbase International META-PERP-INTX+0.0104%1h746.79+0.104%$651K$8.0M10xas long as short
Injective META/USDC PERP+0.0220%1h749.54+0.472%$177K$51K30xas long as short
Lighter META+0.0448%1h746.95+0.125%$1.1M$2.9M20xas long as short
Hotstuff META-PERP+0.0464%1h747.03+0.136%$33K$10520xas long as short
tradeXYZ xyz:META+0.0564%1h747.13+0.149%$83.6M$131.7M20xas long as short
Phoenix META+0.0750%1h747.82+0.242%$798K$1.5M20xas long as short
edgeX METAUSDC+0.0931%4h747.28+0.169%$62K$344K10xas long as short