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 +0.045%

Price spread now: Aster against Binance+0.035%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1171.166% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 2 days (all we have)+0.059%+$6 · spread now +0.035%, 7d avg +0.025%

Together, before fees+0.104%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance METAUSDT	742.59	0	get 0.0000% / 8h	56m 33s	$27.2M	$179.0M	20x
Short	Aster METAUSDT	742.86	0	get 0.0000% / 8h	56m 33s	$459K	$536K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.025%: $1
Slippage, 4 orders: −$98.6
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$115.6
Costs to cover: 1.166%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Aster: live order book, 21 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 Binance live order book, 2 min ago	0.07 bp	7.1 bp −$7	13.8 bp −$138	44.3 bp −$4,430	doesn't fit
Sell Aster live order book, 21 min ago	9.23 bp	60.5 bp −$61	79.9 bp −$799	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	742.53	−0.009%	$281K	$1.1M	20x	as long as short
Nado META-PERP	−0.0020%	1h	742.47	−0.017%	$391K	$329K	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	742.86	+0.035%	$459K	$536K	20x
Extended META_24_5-USD	0.0000%	1h	742.44	−0.021%	$549K	$1.5M	17x	as long as short
Binance METAUSDTlong	0.0000%	8h	742.59	long leg	$27.2M	$179.0M	20x
Bybit METAUSDT	0.0000%	8h	742.55	−0.006%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.70	+0.014%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.09	−0.068%	$344K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.52	−0.010%	$5.8M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	742.05	−0.073%	$2.1M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.20	−0.053%	$12K	$490K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.35	−0.033%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.50	−0.013%	$30K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.47	−0.017%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.56	−0.005%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0027%	1h	742.43	−0.022%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	742.88	+0.039%	$761K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.18	−0.056%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.94	+0.047%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.61	+0.002%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.67	+0.010%	$542K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.61	+0.002%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.08	−0.069%	$722K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	742.55	−0.006%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0061%	1h	742.92	+0.044%	$52K	$72K	10x	as long as short
Phoenix META	+0.0065%	1h	742.39	−0.027%	$291K	$797K	20x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.12	−0.064%	$606K	$7.4M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.51	−0.011%	$1.6M	$374K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.87	−0.098%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.62	+0.003%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.49	−0.013%	$267	—	10x	as long as short
Hotstuff META-PERP	+0.0152%	1h	742.69	+0.013%	$33K	$105	20x	as long as short
Lighter META	+0.0192%	1h	742.86	+0.036%	$864K	$2.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.75	−0.114%	$169K	$46K	30x	as long as short
tradeXYZ xyz:META	+0.0229%	1h	742.73	+0.018%	$67.5M	$122.1M	20x	as long as short
edgeX METAUSDC	+0.0550%	4h	742.25	−0.046%	$62K	$333K	10x	as long as short