Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Nado against SoDEX−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX META-USD | 739.45 | 0.0050 | pay 0.0006% / 1h | 45m 50s | $24K | $3K | 10x |
| Short | Nado META-PERP | 739.40 | 0.0026 | get 0.0003% / 1h | 45m 50s | $381K | $335K | 20x |
SoDEX META-USD
Nado META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.1
- Price spread: −0.007% → 0.000%
- −$0.65
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$20.76
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 27 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 Nado live order book, 27 min ago | 0.41 bp | 10.5 bp −$11 | 34.8 bp −$348 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 740.01 | +0.076% | $327K | $1.1M | 20x | as long as short |
| Phemex METAUSDT | −0.0068% | 4h | 739.85 | +0.054% | $2.0M | $7K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.69 | +0.168% | $463K | $548K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 739.31 | −0.018% | $549K | $1.9M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 739.45 | −0.001% | $27.3M | $178.8M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 739.36 | −0.012% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 739.37 | −0.011% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.20 | −0.034% | $357K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 739.67 | +0.030% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 739.65 | +0.027% | $2.3M | $3.2M | — | as long as short |
BloFin META-USDT
Phemex METAUSDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.23 | +0.106% | $12K | $482K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 739.80 | +0.047% | $628 | $9.4M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.22 | −0.031% | $106K | $292K | 30x | as long as short |
| Nado META-PERPshort | +0.0026% | 1h | 739.40 | −0.007% | $381K | $335K | 20x | |
| Lighter RH META | +0.0032% | 1h | 739.58 | +0.018% | $757K | $3.1M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 739.96 | +0.069% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 739.77 | +0.043% | $177K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.59 | +0.019% | $557K | $857K | 10x | as long as short |
| SoDEX META-USDlong | +0.0050% | 1h | 739.45 | long leg | $24K | $3K | 10x | |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.20 | −0.034% | $687K | $4.3M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 739.67 | +0.030% | $2.2M | $14.2M | 10x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 739.70 | +0.034% | $110K | $331K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0068% | 8h | 739.59 | +0.019% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0070% | 1h | 740.11 | +0.089% | $48K | $79K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 739.70 | +0.034% | $1.6M | $417K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.96 | +0.069% | $166K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 739.88 | +0.058% | $1K | $24 | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0102% | 1h | 739.29 | −0.022% | $30K | $250K | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 739.69 | +0.032% | $266 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.0105% | 1h | 739.25 | −0.027% | $67.6M | $121.3M | 20x | as long as short |
| Hotstuff META-PERP | +0.0112% | 1h | 739.71 | +0.035% | $33K | $105 | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 739.36 | −0.012% | $601K | $7.3M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 739.48 | +0.004% | $168K | $46K | 30x | as long as short |
| Lighter META | +0.0240% | 1h | 739.67 | +0.030% | $855K | $2.4M | 20x | as long as short |
| Phoenix META | +0.0259% | 1h | 740.16 | +0.096% | $277K | $930K | 20x | as long as short |
| edgeX METAUSDC | +0.0367% | 4h | 740.09 | +0.087% | $62K | $334K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Lighter RH META
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
Ondo Perps META-USD.P
QFEX META-USD
Arcus META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Deribit META_USDC-PERPETUAL
Aevo META-PERP
tradeXYZ xyz:META
Hotstuff META-PERP
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
Phoenix META
edgeX METAUSDC