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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.009%
Price spread now: Ondo Perps against Aevo−0.028%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.028% cheaper against Aevo 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP740.340.0104pay 0.0013% / 1h12m 29s$26710x
ShortOndo Perps META-USD.P740.130.0050get 0.0006% / 1h12m 29s$641K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$11.26
Price spread: −0.028% → 0.000%
−$2.79
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$35.05
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Ondo Perps no order-book sample
Aevo and Ondo Perps: 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%8h740.40+0.009%$329K$1.1M20xas long as short
Nado META-PERP−0.0110%1h740.38+0.006%$397K$317K20xas long as short
Hotstuff META-PERP−0.0016%1h740.76+0.057%$33K$10520xas long as short
Aster METAUSDT0.0000%8h740.97+0.085%$457K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.42+0.011%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.48+0.019%$26.9M$177.5M20xas long as short
Bybit METAUSDT0.0000%8h740.40+0.009%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.22−0.016%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h739.98−0.048%$318K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.41+0.010%$5.8M$11.0M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h740.42+0.011%$1.6M$2.5Mas long as short
GRVT META_USDT_Perp0.0000%8h740.31−0.004%$12K$525K10xas long as short
SunX META-USDT0.0000%8h740.86+0.071%$1K$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.68+0.046%$30K$256K10xas long as short
HTX META-USDT0.0000%8h740.18−0.021%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.43+0.013%$2.0M$8K10xas long as short
QFEX META-USD+0.0012%1h740.36+0.003%$2.2M$14.2M10xas long as short
Lighter META+0.0032%1h740.72+0.052%$860K$2.6M20xas long as short
Lighter RH META+0.0032%1h740.73+0.053%$740K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.27−0.009%$263K$313K10xas long as short
Vest META-USD-PERP+0.0046%1h741.03+0.094%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.42+0.011%$177K$200K20xas long as short
tradeXYZ xyz:META+0.0050%1h740.70+0.049%$68.5M$120.5M20xas long as short
Polymarket Perps META-USD+0.0050%1h740.59+0.034%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.37+0.004%$24K$3K10xas long as short
Ondo Perps META-USD.Pshort+0.0050%1h740.13−0.028%$641K$4.0M10x
Paradex META-USD-PERP+0.0050%8h740.36+0.003%5xas long as short
Aftermath Perps METAUSD+0.0053%1h741.02+0.092%$45K$61K10xas long as short
Coinbase International META-PERP-INTX+0.0080%1h740.26−0.010%$607K$7.3M10xas long as short
Phoenix META+0.0097%1h740.50+0.022%$291K$782K20xas long as short
KuCoin METAUSDTM+0.0100%8h740.43+0.013%$1.6M$353K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.32−0.002%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.43+0.013%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h740.34long leg$26710x
Injective META/USDC PERP+0.0220%1h740.09−0.033%$168K$46K30xas long as short
edgeX METAUSDC+0.0274%4h740.35+0.002%$62K$331K10xas long as short