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+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.041%
Price spread now: Coinbase International against Aftermath Perps−0.088%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.088% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 32 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps METAUSD741.000.0055pay 0.0007% / 1h34m 21s$49K$63K10x
ShortCoinbase International META-PERP-INTX740.350.0064get 0.0008% / 1h34m 21s$607K$7.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath Perps. 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
$1.94
Price spread: −0.088% → 0.000%
−$8.82
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$25.88
Costs to cover
0.190%
Break-even
100.4 days
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 5 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 Aftermath Perps no order-book sample
Sell Coinbase International live order book, 5 min ago0.07 bp7.1 bp −$711.8 bp −$118doesn't fitdoesn't fit
Aftermath 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%8h740.24−0.103%$328K$1.1M20xas long as short
Nado META-PERP−0.0068%1h740.47−0.072%$395K$317K20xas long as short
Aster METAUSDT0.0000%8h741.10+0.013%$458K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.23−0.105%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.36−0.087%$26.9M$177.9M20xas long as short
Bybit METAUSDT0.0000%8h740.43−0.077%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.27−0.099%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h739.91−0.148%$329K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.42−0.079%$5.8M$11.0M100xas long as short
Variational Omni META0.0000%8h740.63−0.050%$1.6M$2.6Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h740.67−0.045%$12K$509K10xas long as short
SunX META-USDT0.0000%8h740.46−0.073%$666$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.34−0.090%$30K$256K10xas long as short
HTX META-USDT0.0000%8h739.65−0.183%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.52−0.065%$2.0M$7K10xas long as short
QFEX META-USD+0.0003%1h740.41−0.080%$2.2M$14.3M10xas long as short
Lighter RH META+0.0032%1h740.73−0.037%$743K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.05−0.129%$110K$481K10xas long as short
Vest META-USD-PERP+0.0046%1h741.11+0.014%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.36−0.087%$178K$201K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.55−0.061%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.36−0.087%$24K$3K10xas long as short
Paradex META-USD-PERP+0.0050%8h740.27−0.099%5xas long as short
Ondo Perps META-USD.P+0.0050%1h740.13−0.118%$666K$4.1M10xas long as short
Aftermath Perps METAUSDlong+0.0055%1h741.00long leg$49K$63K10x
edgeX METAUSDC+0.0058%4h740.42−0.079%$62K$330K10xas long as short
Coinbase International META-PERP-INTXshort+0.0064%1h740.35−0.088%$607K$7.3M10x
Phoenix META+0.0065%1h740.33−0.091%$291K$791K20xas long as short
Lighter META+0.0080%1h740.69−0.042%$861K$2.5M20xas long as short
KuCoin METAUSDTM+0.0100%8h740.47−0.072%$1.6M$361K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.89−0.150%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.49−0.069%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.36−0.086%$26710xas long as short
tradeXYZ xyz:META+0.0115%1h740.55−0.061%$68.3M$120.6M20xas long as short
Injective META/USDC PERP+0.0220%1h740.28−0.098%$168K$46K30xas long as short
Hotstuff META-PERP+0.0248%1h740.50−0.068%$33K$10520xas long as short