Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.137%
Price spread now: Extended against Ondo Perps+0.077%7-day average +0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days−0.386%−$39 · spread now +0.077%, 7d avg +0.053%
=Together, before fees−0.350%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.023% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.053%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 742.16 | 0.0050 | pay 0.0006% / 1h | 3m 04s | $721K | $4.3M | 10x |
| Short | Extended META_24_5-USD | 742.73 | 0 | get 0.0000% / 1h | 3m 04s | $548K | $2.7M | 17x |
Ondo Perps META-USD.P
Extended META_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.58
- Price spread: +0.077% → +0.053%
- $2.34
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.25
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago | 0.81 bp | 5.9 bp −$6 | 37.0 bp −$370 | 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 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 | +0.088% | $330K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0030% | 1h | 742.59 | +0.058% | $480K | $550K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 742.49 | +0.045% | $467K | $550K | 20x | as long as short |
| Extended META_24_5-USDshort | 0.0000% | 1h | 742.73 | +0.077% | $548K | $2.7M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 742.99 | +0.112% | $27.4M | $179.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.92 | +0.102% | $7.5M | $13.7M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 742.99 | +0.112% | $6.0M | $13.4M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 742.60 | +0.059% | $362K | $5.7M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 743.05 | +0.120% | $5.5M | $11.5M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 742.77 | +0.082% | $2.4M | $3.1M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow 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 | +0.101% | $12K | $435K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 743.01 | +0.115% | $1K | $9.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 742.41 | +0.034% | $31K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 742.79 | +0.085% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 742.94 | +0.105% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.10 | +0.127% | $768K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0032% | 1h | 742.67 | +0.069% | $2.1M | $13.6M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 742.22 | +0.008% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 743.06 | +0.121% | — | $10K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 743.06 | +0.121% | $179K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.71 | +0.074% | $560K | $540K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 743.02 | +0.116% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Plong | +0.0050% | 1h | 742.16 | long leg | $721K | $4.3M | 10x | |
| Paradex META-USD-PERP | +0.0064% | 8h | 742.68 | +0.070% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0078% | 1h | 743.08 | +0.124% | $50K | $82K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 742.87 | +0.096% | $613K | $7.2M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 742.79 | +0.085% | $1.6M | $528K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 742.51 | +0.047% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 742.79 | +0.085% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 742.63 | +0.063% | $267 | — | 10x | as long as short |
| edgeX METAUSDC | +0.0188% | 4h | 742.88 | +0.097% | $62K | $337K | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 742.07 | −0.012% | $171K | $48K | 30x | as long as short |
| Hotstuff META-PERP | +0.0232% | 1h | 742.91 | +0.101% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0256% | 1h | 743.08 | +0.124% | $862K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0329% | 1h | 743.05 | +0.120% | $69.4M | $120.2M | 20x | as long as short |
| Phoenix META | +0.0496% | 1h | 743.64 | +0.199% | $596K | $1.1M | 20x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
edgeX METAUSDC
Injective META/USDC PERP
Hotstuff META-PERP
Lighter META
tradeXYZ xyz:META
Phoenix META