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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h +0.033%
Price spread now: Arcus against Aevo−0.045%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.045% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP743.720.0104pay 0.0013% / 1h15m 45s$26810x
ShortArcus META-USD743.390.0040get 0.0005% / 1h15m 45s$109K$331K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aevo. 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
−$13.38
Price spread: −0.045% → 0.000%
−$4.47
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$38.36
Costs to cover
0.205%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 33 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 Aevo no order-book sample
Sell Arcus live order book, 33 min ago2.75 bp10.7 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Aevo: 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%8h743.79+0.009%$330K$1.1M20xas long as short
Aster METAUSDT0.0000%8h744.06+0.046%$479K$589K20xas long as short
Extended META_24_5-USD0.0000%1h743.69−0.004%$544K$2.6M17xas long as short
Binance METAUSDT0.0000%8h743.98+0.035%$27.6M$182.8M20xas long as short
Bybit METAUSDT0.0000%8h743.74+0.002%$7.3M$15.1M100xas long as short
OKX META-USDT-SWAP0.0000%8h744.16+0.059%$6.0M$12.4M20xas long as short
Gate META_USDT0.0000%8h743.42−0.041%$440K$5.9M100xas long as short
Bitget METAUSDT0.0000%8h743.95+0.031%$5.6M$12.1M100xas long as short
Variational Omni META0.0000%8h743.82+0.013%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h743.82+0.013%$12K$443K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h744.05+0.044%$681$8.4M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h743.33−0.053%$31K$264K10xas long as short
HTX META-USDT0.0000%8h743.81+0.012%$106K$306K30xas long as short
Phemex METAUSDT0.0000%4h744.20+0.064%$2.0M$8K10xas long as short
Nado META-PERP+0.0013%1h743.48−0.033%$481K$558K20xas long as short
Lighter RH META+0.0032%1h744.29+0.076%$761K$3.0M20xas long as short
Arcus META-USDshort+0.0040%1h743.39−0.045%$109K$331K10x
Vest META-USD-PERP+0.0046%1h744.18+0.061%$11K25xas long as short
QFEX META-USD+0.0046%1h743.89+0.022%$2.2M$13.8M10xas long as short
Popdex METAUSDT+0.0048%1h743.99+0.036%$178K$200K20xas long as short
Polymarket Perps META-USD+0.0050%1h743.52−0.027%$585K$562K10xas long as short
SoDEX META-USD+0.0050%1h743.90+0.024%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h743.32−0.054%$745K$4.9M10xas long as short
Paradex META-USD-PERP+0.0072%8h743.46−0.035%5xas long as short
Aftermath Perps METAUSD+0.0085%1h744.44+0.096%$52K$81K10xas long as short
KuCoin METAUSDTM+0.0100%8h743.74+0.002%$1.6M$652K20xas long as short
ApeX Omni METAUSDT+0.0100%1h743.01−0.096%$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h743.94+0.029%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h743.72long leg$26810x
Coinbase International META-PERP-INTX+0.0128%1h743.43−0.039%$654K$7.8M10xas long as short
edgeX METAUSDC+0.0187%4h743.65−0.010%$62K$340K10xas long as short
Injective META/USDC PERP+0.0220%1h746.01+0.308%$172K$46K30xas long as short
Lighter META+0.0304%1h744.33+0.082%$1.0M$2.6M20xas long as short
Hotstuff META-PERP+0.0360%1h744.02+0.040%$33K$10520xas long as short
tradeXYZ xyz:META+0.0446%1h744.36+0.086%$75.3M$125.4M20xas long as short
Phoenix META+0.0685%1h744.89+0.157%$795K$1.4M20xas long as short