Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX META-USDT | 740.01 | 0 | get 0.0000% / 8h | 7h 50m | $779 | $9.4M | 20x |
| Short | Orderly PERP_META_USDC_mythos | 740.00 | 0.0100 | get 0.0100% / 8h | 7h 50m | $1K | $24 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SunX. 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
- $21
- Price spread: −0.001% → 0.000%
- −$0.14
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.86
- Costs to cover
- 0.140%
- Break-even
- 4.7 days
Slippage unknown: SunX: live order book, 9 min ago; Orderly: no order-book sample. 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 SunX live order book, 9 min ago | 28.40 bp | 32.4 bp −$32 | 61.5 bp −$615 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.000% | $327K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.90 | +0.121% | $461K | $546K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 739.97 | −0.005% | $552K | $1.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.02 | +0.001% | $27.4M | $178.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.05 | +0.005% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 739.85 | −0.022% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.60 | −0.055% | $357K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 739.92 | −0.012% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 739.73 | −0.038% | $2.3M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.20 | +0.026% | $12K | $486K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDTlong | 0.0000% | 8h | 740.01 | long leg | $779 | $9.4M | 20x | |
| HTX META-USDT | 0.0000% | 8h | 739.62 | −0.053% | $106K | $285K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.85 | +0.114% | $2.0M | $7K | 10x | as long as short |
| Nado META-PERP | +0.0026% | 1h | 739.64 | −0.051% | $381K | $336K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 739.99 | −0.003% | $757K | $3.1M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.14 | +0.018% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.14 | +0.018% | $177K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.87 | −0.019% | $557K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 739.88 | −0.018% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.07 | −0.127% | $735K | $4.3M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 739.99 | −0.003% | $2.2M | $14.2M | 10x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 739.69 | −0.043% | $110K | $331K | 10x | as long as short |
| Hotstuff META-PERP | +0.0064% | 1h | 739.69 | −0.043% | $33K | $105 | 20x | as long as short |
| Paradex META-USD-PERP | +0.0070% | 8h | 739.62 | −0.053% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0070% | 1h | 740.11 | +0.013% | $49K | $77K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.10 | +0.012% | $1.6M | $412K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.48 | −0.072% | $166K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythosshort | +0.0100% | 8h | 740.00 | −0.001% | $1K | $24 | 10x | |
| Aevo META-PERP | +0.0104% | 1h | 739.94 | −0.010% | $266 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.0114% | 1h | 739.83 | −0.024% | $67.6M | $121.2M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 740.11 | +0.014% | $602K | $7.3M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.93 | +0.259% | $169K | $46K | 30x | as long as short |
| Lighter META | +0.0248% | 1h | 740.03 | +0.003% | $856K | $2.4M | 20x | as long as short |
| Phoenix META | +0.0259% | 1h | 740.13 | +0.016% | $277K | $930K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0359% | 1h | 739.96 | −0.007% | $30K | $253K | 10x | as long as short |
| edgeX METAUSDC | +0.0474% | 4h | 740.08 | +0.009% | $62K | $333K | 10x | as long as short |
SunX META-USDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
tradeXYZ xyz:META
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
Phoenix META
Deribit META_USDC-PERPETUAL
edgeX METAUSDC