META

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against Ondo Perps+0.031%7-day average +0.036% · you sell dearer than you buy

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

Long on Ondo Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.031%, 7d avg +0.036%

Together, before fees+0.018%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps META-USD.P	743.11	0.0050	pay 0.0006% / 1h	9m 30s	$705K	$5.0M	10x
Short	ApeX Omni METAUSDT	743.34	0.0100	get 0.0013% / 1h	9m 30s	$167K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.031%Rate

Funding earned: $10.42
Price spread: +0.031% → +0.036%: −$0.54
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$5.13
Costs to cover: 0.150%
Break-even: 10.4 days

Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 39 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 39 min ago	2.62 bp	16.2 bp −$16	283.5 bp −$2,835	doesn't fit	doesn't fit

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 exchanges

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	743.65	+0.073%	$337K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.79	+0.226%	$494K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.42	+0.042%	$548K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.66	+0.074%	$26.0M	$192.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.65	+0.073%	$7.7M	$15.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.66	+0.074%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.27	+0.022%	$458K	$6.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.64	+0.071%	$5.7M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	743.41	+0.041%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	743.64	+0.071%	$12K	$434K	10x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	743.81	+0.094%	$1K	$7.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.21	+0.013%	$36K	$265K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.40	+0.039%	$107K	$299K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.77	+0.089%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.72	+0.082%	$821K	$2.8M	20x	as long as short
Nado META-PERP	+0.0038%	1h	743.32	+0.028%	$477K	$551K	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.21	+0.013%	$111K	$284K	10x	as long as short
QFEX META-USD	+0.0041%	1h	743.50	+0.052%	$2.2M	$14.0M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.11	+0.135%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.70	+0.079%	$179K	$201K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.36	+0.034%	$560K	$612K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.52	+0.055%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.Plong	+0.0050%	1h	743.11	long leg	$705K	$5.0M	10x
Paradex META-USD-PERP	+0.0051%	8h	743.39	+0.037%	—	—	5x	as long as short
edgeX METAUSDC	+0.0065%	4h	743.53	+0.057%	$62K	$348K	10x	as long as short
Aftermath Perps METAUSD	+0.0074%	1h	744.18	+0.144%	$52K	$77K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.95	−0.022%	$643K	$7.7M	10x	as long as short
Pacifica META	+0.0100%	1h	743.26	+0.020%	$607	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.79	+0.092%	$1.6M	$848K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	743.34	+0.031%	$167K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.65	+0.073%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.46	+0.047%	$268	—	10x	as long as short
Hotstuff META-PERP	+0.0192%	1h	743.46	+0.047%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.23	+0.285%	$168K	$60K	30x	as long as short
tradeXYZ xyz:META	+0.0240%	1h	743.52	+0.055%	$86.1M	$135.0M	20x	as long as short
Lighter META	+0.0264%	1h	743.87	+0.102%	$1.2M	$2.7M	20x	as long as short
Phoenix META	+0.0643%	1h	744.90	+0.241%	$795K	$1.5M	20x	as long as short