Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Aster−0.109%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.109%, 7d avg −0.097%

Together, before fees+0.228%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METAUSDT	741.03	0	get 0.0000% / 8h	2h 10m	$457K	$536K	20x
Short	HTX META-USDT	740.23	0	get 0.0000% / 8h	2h 10m	$105K	$283K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → −0.097%: −$1.14
Slippage, 4 orders: −$73.69
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$94.83
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from Aster: live order book, 12 min ago; HTX: live order book, 11 min ago.

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 Aster live order book, 12 min ago	10.12 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 11 min ago	2.70 bp	8.7 bp −$9	14.1 bp −$141	doesn't fit	doesn't fit

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	740.31	−0.098%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0109%	1h	740.39	−0.086%	$397K	$317K	20x	as long as short
Hotstuff META-PERP	−0.0048%	1h	740.70	−0.045%	$33K	$105	20x	as long as short
Aster METAUSDTlong	0.0000%	8h	741.03	long leg	$457K	$536K	20x
Extended META_24_5-USD	0.0000%	1h	740.44	−0.080%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.51	−0.070%	$26.9M	$177.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.26	−0.104%	$7.4M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.53	−0.068%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.04	−0.134%	$318K	$5.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.49	−0.073%	$5.8M	$11.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	740.42	−0.083%	$1.6M	$2.5M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.37	−0.090%	$12K	$525K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.04	+0.001%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.56	−0.064%	$30K	$256K	10x	as long as short
HTX META-USDTshort	0.0000%	8h	740.23	−0.109%	$105K	$283K	30x
Phemex METAUSDT	0.0000%	4h	740.51	−0.071%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0012%	1h	740.50	−0.072%	$2.2M	$14.2M	10x	as long as short
Lighter META	+0.0032%	1h	740.78	−0.034%	$860K	$2.6M	20x	as long as short
Lighter RH META	+0.0032%	1h	740.81	−0.030%	$740K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.21	−0.111%	$263K	$313K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.06	+0.003%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.49	−0.073%	$177K	$200K	20x	as long as short
tradeXYZ xyz:META	+0.0050%	1h	740.71	−0.044%	$68.5M	$120.5M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.60	−0.059%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.47	−0.076%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.13	−0.122%	$641K	$4.0M	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.36	−0.090%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0053%	1h	740.97	−0.008%	$45K	$61K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0080%	1h	740.26	−0.104%	$607K	$7.3M	10x	as long as short
Phoenix META	+0.0097%	1h	740.50	−0.072%	$291K	$782K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.52	−0.069%	$1.6M	$353K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.32	−0.096%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.46	−0.077%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.37	−0.090%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.25	−0.106%	$168K	$46K	30x	as long as short
edgeX METAUSDC	+0.0274%	4h	740.35	−0.092%	$62K	$331K	10x	as long as short