META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.024%

Price spread now: Extended against SoDEX−0.032%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.032% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX META-USD	743.97	0.0050	pay 0.0006% / 1h	48m 07s	$24K	$3K	10x
Short	Extended META_24_5-USD	743.73	0	get 0.0000% / 1h	48m 07s	$548K	$2.8M	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee SoDEXbpFee ExtendedbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$10.5
Price spread: −0.032% → 0.000%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$26.7
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Extended: live order book, 5 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 SoDEX no order-book sample	—	—	—	—	—
Sell Extended live order book, 5 min ago	0.13 bp	5.1 bp −$5	24.0 bp −$240	doesn't fit	doesn'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 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	744.46	+0.066%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.24	+0.170%	$479K	$593K	20x	as long as short
Extended META_24_5-USDshort	0.0000%	1h	743.73	−0.032%	$548K	$2.8M	17x
Binance METAUSDT	0.0000%	8h	744.13	+0.022%	$25.1M	$188.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.91	−0.008%	$7.4M	$15.4M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.07	+0.013%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.49	−0.065%	$465K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.98	+0.001%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.33	+0.048%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	744.62	+0.088%	$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	743.98	+0.001%	$1K	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.56	−0.055%	$34K	$275K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.71	−0.035%	$106K	$309K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.75	+0.105%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.00	+0.004%	$2.2M	$13.9M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.25	+0.038%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.28	+0.042%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.71	−0.035%	$564K	$621K	10x	as long as short
SoDEX META-USDlong	+0.0050%	1h	743.97	long leg	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	743.71	−0.035%	$728K	$5.1M	10x	as long as short
edgeX METAUSDC	+0.0051%	4h	744.65	+0.091%	$62K	$344K	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	743.76	−0.028%	—	—	5x	as long as short
Nado META-PERP	+0.0073%	1h	743.47	−0.067%	$479K	$560K	20x	as long as short
Lighter RH META	+0.0080%	1h	744.35	+0.051%	$787K	$3.1M	20x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	744.76	+0.106%	$46K	$88K	10x	as long as short
Pacifica META	+0.0100%	1h	744.12	+0.020%	$13	$106	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.04	+0.009%	$1.6M	$709K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.68	−0.039%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.92	−0.007%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.88	−0.012%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.65	+0.091%	$654K	$7.9M	10x	as long as short
Popdex METAUSDT	+0.0136%	1h	743.95	−0.003%	$177K	$203K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.52	+0.612%	$173K	$46K	30x	as long as short
Hotstuff META-PERP	+0.0408%	1h	744.65	+0.091%	$33K	$105	20x	as long as short
Lighter META	+0.0512%	1h	744.56	+0.079%	$1.1M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0557%	1h	744.55	+0.078%	$80.5M	$129.3M	20x	as long as short
Phoenix META	+0.0750%	1h	746.46	+0.335%	$797K	$1.5M	20x	as long as short