Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX−0.086%74s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.086% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.7 days of funding at the current rate (+$2 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX META-USD747.700.0050pay 0.0006% / 1h5m 46s$25K$3K10x
ShortApeX Omni METAUSDT747.060.0100get 0.0013% / 1h5m 46s$167K$71K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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

Funding earned
$10.5
Price spread: −0.086% → 0.000%
−$8.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.06
Costs to cover
0.180%
Break-even
17.7 days
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell ApeX Omni live order book, 45 min ago2.62 bp30.2 bp −$30624.6 bp −$6,246doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h748.02+0.043%$331K$1.1M20xas long as short
Nado META-PERP−0.0002%1h747.47−0.030%$483K$556K20xas long as short
Aster METAUSDT0.0000%8h747.23−0.063%$492K$577K20xas long as short
Extended META_24_5-USD0.0000%1h747.42−0.038%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h747.51−0.025%$28.5M$182.4M20xas long as short
Bybit METAUSDT0.0000%8h747.81+0.015%$7.5M$14.6M100xas long as short
OKX META-USDT-SWAP0.0000%8h747.63−0.009%$6.0M$13.0M20xas long as short
Gate META_USDT0.0000%8h747.15−0.074%$428K$5.9M100xas long as short
Variational Omni META0.0000%8h747.58−0.015%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h747.65−0.007%$12K$448K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h747.80+0.013%$836$8.8M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h747.35−0.047%$31K$252K10xas long as short
HTX META-USDT0.0000%8h747.58−0.016%$107K$304K30xas long as short
Phemex METAUSDT0.0000%4h748.07+0.049%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h747.90+0.027%$771K$3.0M20xas long as short
Arcus META-USD+0.0040%1h747.41−0.039%$111K$331K10xas long as short
Vest META-USD-PERP+0.0046%1h747.85+0.020%$11K25xas long as short
Polymarket Perps META-USD+0.0050%1h747.65−0.007%$588K$565K10xas long as short
SoDEX META-USDlong+0.0050%1h747.70long leg$25K$3K10x
Ondo Perps META-USD.P+0.0050%1h747.09−0.082%$770K$4.6M10xas long as short
QFEX META-USD+0.0058%1h747.71+0.001%$2.2M$13.8M10xas long as short
Paradex META-USD-PERP+0.0062%8h747.78+0.010%5xas long as short
Aftermath Perps METAUSD+0.0083%1h748.11+0.055%$52K$82K10xas long as short
Bitget METAUSDT+0.0093%8h747.57−0.017%$5.5M$11.9M100xas long as short
Popdex METAUSDT+0.0096%1h747.94+0.032%$180K$200K20xas long as short
KuCoin METAUSDTM+0.0100%8h747.74+0.005%$1.6M$624K20xas long as short
ApeX Omni METAUSDTshort+0.0100%1h747.06−0.086%$167K$71K50x
Orderly PERP_META_USDC_mythos+0.0100%8h747.73+0.004%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h747.66−0.005%$26910xas long as short
Coinbase International META-PERP-INTX+0.0128%1h747.35−0.047%$667K$7.6M10xas long as short
Injective META/USDC PERP+0.0220%1h747.19−0.068%$172K$48K30xas long as short
Hotstuff META-PERP+0.0248%1h748.02+0.043%$33K$10520xas long as short
Lighter META+0.0280%1h747.91+0.028%$906K$2.5M20xas long as short
tradeXYZ xyz:META+0.0343%1h747.59−0.015%$72.0M$121.8M20xas long as short
Phoenix META+0.0633%1h749.25+0.207%$800K$1.4M20xas long as short
edgeX METAUSDC+0.0974%4h747.99+0.039%$62K$338K10xas long as short