META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against Binance−0.054%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$860.858% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.255%+$25 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.054%, 7d avg −0.069%

Together, before fees+0.311%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance METAUSDT	743.91	0	get 0.0000% / 8h	4h 17m	$28.0M	$181.6M	20x
Short	KuCoin METAUSDTM	743.51	0.0100	get 0.0100% / 8h	4h 17m	$1.6M	$550K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.054%Rate

Funding earned: $21
Price spread: −0.054% → −0.069%: $1.53
Slippage, 4 orders: −$63.82
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.29
Costs to cover: 0.858%
Break-even: 28.1 days

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 4 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, 11 min ago	0.07 bp	7.0 bp −$7	16.9 bp −$169	51.7 bp −$5,174	doesn't fit
Sell KuCoin live order book, 4 min ago	3.84 bp	48.7 bp −$49	doesn't fit	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	743.99	+0.011%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0021%	1h	743.37	−0.073%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.40	−0.069%	$468K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.71	−0.027%	$550K	$2.7M	17x	as long as short
Binance METAUSDTlong	0.0000%	8h	743.91	long leg	$28.0M	$181.6M	20x
Bybit METAUSDT	0.0000%	8h	744.11	+0.027%	$7.6M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.96	+0.007%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.48	−0.058%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.92	+0.001%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	742.78	−0.152%	$2.4M	$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	744.09	+0.024%	$13K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.81	−0.013%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	743.88	−0.004%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.41	−0.067%	$2.0M	$8K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0019%	1h	743.52	−0.052%	$31K	$246K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.01	+0.013%	$772K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.79	−0.016%	$2.2M	$13.8M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.16	−0.101%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.02	+0.015%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.94	+0.004%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.48	−0.058%	$585K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.86	−0.007%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.27	−0.086%	$765K	$4.5M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	743.80	−0.015%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.65	−0.036%	$52K	$82K	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	743.51	−0.054%	$1.6M	$550K	20x
ApeX Omni METAUSDT	+0.0100%	1h	743.15	−0.102%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.91	0.000%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.75	−0.021%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.78	−0.017%	$626K	$7.2M	10x	as long as short
edgeX METAUSDC	+0.0104%	4h	743.84	−0.010%	$62K	$337K	10x	as long as short
Hotstuff META-PERP	+0.0160%	1h	743.79	−0.016%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.66	−0.168%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	743.97	+0.008%	$864K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0271%	1h	743.85	−0.008%	$69.5M	$120.5M	20x	as long as short
Phoenix META	+0.0591%	1h	744.70	+0.106%	$696K	$1.2M	20x	as long as short