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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Popdex against Aevo+0.008%7-day average · you sell dearer than you buy
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP743.180.0104pay 0.0013% / 1h35m 09s$26810x
ShortPopdex METAUSDT743.240.0112get 0.0014% / 1h35m 09s$178K$200K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$1.68
Price spread: +0.008% → 0.000%
$0.75
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$19.97
Costs to cover
0.224%
Break-even
90.2 days
Slippage unknown: Aevo: no order-book sample; Popdex: live order book, 14 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 Popdex live order book, 14 min ago0.40 bp5.0 bp −$59.5 bp −$95doesn'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%8h743.30+0.016%$332K$1.1M20xas long as short
Aster METAUSDT0.0000%8h743.08−0.014%$490K$589K20xas long as short
Extended META_24_5-USD0.0000%1h743.09−0.012%$544K$2.7M17xas long as short
Binance METAUSDT0.0000%8h742.88−0.041%$28.0M$181.5M20xas long as short
Bybit METAUSDT0.0000%8h743.08−0.014%$7.4M$14.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h743.06−0.017%$6.0M$12.4M20xas long as short
Gate META_USDT0.0000%8h742.83−0.048%$431K$5.9M100xas long as short
Bitget METAUSDT0.0000%8h743.19+0.001%$5.6M$12.1M100xas long as short
Variational Omni META0.0000%8h742.87−0.042%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h742.75−0.058%$12K$445K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h743.31+0.017%$1K$8.4M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h742.84−0.046%$33K$262K10xas long as short
HTX META-USDT0.0000%8h743.33+0.020%$106K$305K30xas long as short
Phemex METAUSDT0.0000%4h743.11−0.010%$2.0M$8K10xas long as short
Lighter RH META+0.0040%1h743.46+0.037%$768K$2.9M20xas long as short
Arcus META-USD+0.0040%1h742.65−0.072%$110K$331K10xas long as short
Vest META-USD-PERP+0.0046%1h743.42+0.032%$11K25xas long as short
QFEX META-USD+0.0046%1h743.28+0.013%$2.2M$13.8M10xas long as short
edgeX METAUSDC+0.0048%4h742.66−0.070%$62K$339K10xas long as short
Polymarket Perps META-USD+0.0050%1h742.94−0.033%$585K$564K10xas long as short
SoDEX META-USD+0.0050%1h743.11−0.010%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h742.40−0.105%$803K$4.6M10xas long as short
Nado META-PERP+0.0057%1h742.98−0.027%$480K$557K20xas long as short
Paradex META-USD-PERP+0.0082%8h743.20+0.002%5xas long as short
Aftermath Perps METAUSD+0.0087%1h743.59+0.054%$51K$81K10xas long as short
KuCoin METAUSDTM+0.0100%8h743.39+0.028%$1.6M$640K20xas long as short
ApeX Omni METAUSDT+0.0100%1h742.04−0.154%$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h743.28+0.013%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h743.18long leg$26810x
Popdex METAUSDTshort+0.0112%1h743.24+0.008%$178K$200K20x
Coinbase International META-PERP-INTX+0.0128%1h742.75−0.058%$676K$7.7M10xas long as short
Injective META/USDC PERP+0.0220%1h747.88+0.632%$172K$46K30xas long as short
Lighter META+0.0360%1h743.48+0.040%$1.0M$2.6M20xas long as short
Hotstuff META-PERP+0.0392%1h743.49+0.041%$33K$10520xas long as short
tradeXYZ xyz:META+0.0482%1h743.03−0.021%$74.0M$124.4M20xas long as short
Phoenix META+0.0685%1h743.37+0.025%$794K$1.4M20xas long as short