META

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against Polymarket Perps+0.033%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.369%−$37 · spread now +0.033%, 7d avg +0.030%

Together, before fees−0.349%+ Points / potential airdropExtended: Active · farm board−$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps META-USD	744.46	0.0050	pay 0.0006% / 1h	18m 19s	$586K	$564K	10x
Short	Extended META_24_5-USD	744.71	0	get 0.0000% / 1h	18m 19s	$548K	$1.8M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. 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 Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$10.5
Price spread: +0.033% → +0.030%: $0.34
Slippage, 4 orders: −$10.57
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.73
Costs to cover: 0.236%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 24 min ago; Extended: live order book, 5 min ago.

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 Polymarket Perps live order book, 24 min ago	0.07 bp	4.2 bp −$4	6.3 bp −$63	8.2 bp −$816	doesn't fit
Sell Extended live order book, 5 min ago	0.27 bp	5.3 bp −$5	39.4 bp −$394	doesn't fit	doesn't fit

META on 37 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	744.56	+0.013%	$333K	$1.1M	20x	as long as short
Nado META-PERP	−0.0040%	1h	744.68	+0.030%	$480K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.22	+0.102%	$479K	$593K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	744.71	+0.033%	$548K	$1.8M	17x
Binance METAUSDT	0.0000%	8h	744.85	+0.052%	$25.0M	$188.1M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.88	+0.056%	$7.3M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.94	+0.064%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.48	+0.003%	$462K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.82	+0.048%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.80	+0.046%	$2.4M	$3.3M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.80	+0.045%	$13K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.85	+0.052%	$873	$8.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.44	−0.003%	$34K	$275K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.44	−0.003%	$106K	$308K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.87	+0.055%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.72	+0.035%	$2.2M	$13.8M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.31	+0.114%	$787K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.62	+0.021%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.50	+0.140%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.92	+0.062%	$177K	$203K	20x	as long as short
Polymarket Perps META-USDlong	+0.0050%	1h	744.46	long leg	$586K	$564K	10x
SoDEX META-USD	+0.0050%	1h	744.82	+0.048%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.61	+0.020%	$685K	$5.2M	10x	as long as short
Paradex META-USD-PERP	+0.0058%	8h	744.87	+0.055%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	745.80	+0.179%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.90	+0.059%	$1.6M	$689K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.29	−0.023%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.88	+0.056%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.75	+0.039%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.73	+0.036%	$650K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.34	+0.387%	$172K	$46K	30x	as long as short
Lighter META	+0.0360%	1h	745.45	+0.133%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERP	+0.0376%	1h	745.49	+0.138%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0489%	1h	745.46	+0.134%	$77.9M	$127.6M	20x	as long as short
Phoenix META	+0.0739%	1h	746.23	+0.238%	$797K	$1.5M	20x	as long as short
Pacifica META	+0.0800%	1h	745.10	+0.086%	$16	$103	10x	as long as short
edgeX METAUSDC	+0.0905%	4h	744.74	+0.037%	$62K	$343K	10x	as long as short