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 −0.026%

Price spread now: Bitget against Orderly−0.007%53s7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Bitget

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_META_USDC_mythos	742.96	0.0100	pay 0.0100% / 8h	5h 05m	$1K	$24	10x
Short	Bitget METAUSDT	742.91	0	get 0.0000% / 8h	5h 05m	$5.5M	$11.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$21
Price spread: −0.007% → 0.000%: −$0.67
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$39.67
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 3 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	0.54 bp	10.3 bp −$10	18.8 bp −$188	31.5 bp −$3,146	doesn't fit

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
Deribit META_USDC-PERPETUAL	−0.0208%	1h	742.48	−0.065%	$31K	$245K	10x	as long as short
BloFin META-USDT	−0.0120%	8h	742.37	−0.079%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0025%	1h	742.87	−0.012%	$480K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.72	−0.033%	$467K	$550K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.82	−0.019%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.98	+0.003%	$27.4M	$179.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.90	−0.008%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.95	−0.001%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.51	−0.061%	$362K	$5.7M	100x	as long as short
Bitget METAUSDTshort	0.0000%	8h	742.91	−0.007%	$5.5M	$11.5M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	742.77	−0.026%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	741.81	−0.155%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.88	−0.011%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.56	−0.054%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.61	−0.047%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.27	+0.042%	$768K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	742.78	−0.024%	$2.1M	$13.6M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.01	−0.128%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.25	+0.039%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.08	+0.016%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.78	−0.024%	$560K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.96	0.000%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.49	−0.063%	$721K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0065%	8h	742.98	+0.003%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	742.53	−0.058%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.46	−0.067%	$613K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.83	−0.017%	$1.6M	$527K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.06	−0.256%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythoslong	+0.0100%	8h	742.96	long leg	$1K	$24	10x
Aevo META-PERP	+0.0104%	1h	742.76	−0.027%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.78	−0.159%	$171K	$48K	30x	as long as short
Lighter META	+0.0264%	1h	743.20	+0.032%	$862K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0328%	1h	743.03	+0.009%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0334%	1h	743.09	+0.017%	$69.4M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	742.66	−0.040%	$586K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0769%	4h	742.22	−0.100%	$62K	$336K	10x	as long as short