META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%

Price spread now: Orderly against OKX−0.027%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Orderly is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX META-USDT-SWAP	742.99	0	get 0.0000% / 8h	5h 03m	$6.0M	$13.4M	20x
Short	Orderly PERP_META_USDC_mythos	742.79	0.0100	get 0.0100% / 8h	5h 03m	$1K	$24	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now −0.027%Rate

Funding earned: $21
Price spread: −0.027% → 0.000%: −$2.69
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $2.31
Costs to cover: 0.160%
Break-even: 6.2 days

Slippage unknown: OKX: live order book, 5 min ago; Orderly: 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 OKX live order book, 5 min ago	0.20 bp	10.5 bp −$11	20.3 bp −$203	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	742.81	−0.024%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0030%	1h	742.59	−0.054%	$480K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.47	−0.070%	$467K	$550K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.73	−0.035%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.94	−0.007%	$27.4M	$179.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.79	−0.027%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAPlong	0.0000%	8h	742.99	long leg	$6.0M	$13.4M	20x
Gate META_USDT	0.0000%	8h	742.59	−0.054%	$362K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.96	−0.004%	$5.5M	$11.5M	100x	as long as short
Variational Omni META	0.0000%	8h	742.77	−0.030%	$2.4M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.91	−0.011%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.01	+0.003%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.41	−0.078%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.79	−0.027%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.94	−0.007%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.10	+0.015%	$768K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	742.67	−0.043%	$2.1M	$13.6M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.22	−0.104%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.06	+0.009%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.06	+0.009%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.71	−0.038%	$560K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.02	+0.004%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.16	−0.112%	$721K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0064%	8h	742.68	−0.042%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	743.08	+0.012%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.87	−0.016%	$613K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.77	−0.030%	$1.6M	$528K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.51	−0.065%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythosshort	+0.0100%	8h	742.79	−0.027%	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	742.63	−0.049%	$267	—	10x	as long as short
edgeX METAUSDC	+0.0188%	4h	742.88	−0.015%	$62K	$337K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.07	−0.124%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0232%	1h	742.91	−0.011%	$33K	$105	20x	as long as short
Lighter META	+0.0256%	1h	743.08	+0.012%	$862K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0329%	1h	742.89	−0.013%	$69.4M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	743.64	+0.087%	$596K	$1.1M	20x	as long as short