META

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.010%

Price spread now: ApeX Omni against Popdex−0.001%57s7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.558% of the position

Long on Popdex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.165%−$17 · spread now −0.001%, 7d avg −0.049%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.048% dearer against Popdex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.049%. The two prices were read 57 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	Popdex METAUSDT	744.92	0.0048	pay 0.0006% / 1h	54m 14s	$179K	$205K	20x
Short	ApeX Omni METAUSDT	744.91	0.0100	get 0.0013% / 1h	54m 14s	$167K	$71K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Popdex. 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 PopdexbpFee ApeX OmnibpOrdersPrice spread, now −0.001%Rate

Funding earned: $10.92
Price spread: −0.001% → −0.049%: $4.78
Slippage, 4 orders: −$39.44
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$40.14
Costs to cover: 0.558%
Break-even: 32.7 days

Slippage from Popdex: live order book, 39 min ago; ApeX Omni: live order book, 37 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 Popdex live order book, 39 min ago	0.67 bp	4.3 bp −$4	9.5 bp −$95	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 37 min ago	2.62 bp	17.1 bp −$17	531.1 bp −$5,311	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	744.57	−0.047%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.20	+0.038%	$490K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.63	−0.038%	$544K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.90	−0.002%	$25.9M	$192.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.92	0.000%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.01	+0.012%	$6.1M	$13.0M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.45	−0.063%	$447K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.71	−0.028%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	745.38	+0.062%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.62	+0.094%	$12K	$438K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.06	+0.019%	$931	$7.6M	20x	as long as short
HTX META-USDT	0.0000%	8h	744.70	−0.030%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.86	−0.008%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.95	+0.004%	$815K	$2.8M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.40	−0.070%	$111K	$315K	10x	as long as short
QFEX META-USD	+0.0041%	1h	744.90	−0.003%	$2.2M	$14.1M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.20	+0.038%	—	$12K	25x	as long as short
Popdex METAUSDTlong	+0.0048%	1h	744.92	long leg	$179K	$205K	20x
Polymarket Perps META-USD	+0.0050%	1h	745.00	+0.011%	$567K	$609K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.78	−0.019%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.09	−0.111%	$741K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0063%	8h	744.45	−0.064%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	745.64	+0.096%	$51K	$91K	10x	as long as short
Nado META-PERP	+0.0088%	1h	744.06	−0.116%	$478K	$559K	20x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	744.98	+0.008%	$641K	$7.8M	10x	as long as short
Pacifica META	+0.0100%	1h	744.91	−0.001%	$608	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.95	+0.004%	$1.6M	$804K	20x	as long as short
ApeX Omni METAUSDTshort	+0.0100%	1h	744.91	−0.001%	$167K	$71K	50x
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.89	−0.004%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.65	−0.036%	$268	—	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0193%	1h	744.52	−0.054%	$36K	$269K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.33	+0.189%	$176K	$52K	30x	as long as short
Hotstuff META-PERP	+0.0280%	1h	744.83	−0.012%	$33K	$105	20x	as long as short
Lighter META	+0.0288%	1h	745.10	+0.024%	$1.2M	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0375%	1h	745.11	+0.026%	$86.5M	$134.6M	20x	as long as short
edgeX METAUSDC	+0.0473%	4h	745.31	+0.053%	$63K	$346K	10x	as long as short
Phoenix META	+0.0791%	1h	746.65	+0.232%	$797K	$1.5M	20x	as long as short