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 −0.004%

Price spread now: Aster against Bitget+0.054%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$930.925% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.054%, 7d avg +0.072%

Together, before fees−0.158%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METAUSDT	740.81	0	get 0.0000% / 8h	1h 50m	$5.8M	$11.0M	100x
Short	Aster METAUSDT	741.21	0	get 0.0000% / 8h	1h 50m	$457K	$536K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → +0.072%: −$1.81
Slippage, 4 orders: −$72.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$94.31
Costs to cover: 0.925%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 32 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 Bitget live order book, 3 min ago	0.74 bp	8.9 bp −$9	16.2 bp −$162	29.8 bp −$2,977	doesn't fit
Sell Aster live order book, 32 min ago	10.12 bp	27.0 bp −$27	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	740.93	+0.016%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0103%	1h	740.47	−0.045%	$396K	$317K	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	741.21	+0.054%	$457K	$536K	20x
Extended META_24_5-USD	0.0000%	1h	740.71	−0.014%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.84	+0.004%	$26.9M	$177.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.63	−0.024%	$7.4M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.39	−0.057%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.28	−0.072%	$327K	$5.4M	100x	as long as short
Bitget METAUSDTlong	0.0000%	8h	740.81	long leg	$5.8M	$11.0M	100x
Variational Omni META	0.0000%	8h	740.46	−0.047%	$1.6M	$2.5M	—	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	740.47	−0.046%	$12K	$520K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.22	+0.055%	$745	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.52	−0.039%	$30K	$256K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.81	0.000%	$105K	$283K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.60	−0.028%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0003%	1h	740.63	−0.024%	$2.2M	$14.2M	10x	as long as short
Lighter RH META	+0.0032%	1h	741.03	+0.030%	$747K	$3.2M	20x	as long as short
Hotstuff META-PERP	+0.0032%	1h	740.66	−0.020%	$33K	$105	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.47	−0.046%	$263K	$313K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.12	+0.042%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.80	−0.001%	$178K	$201K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.83	+0.003%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.68	−0.018%	$24K	$3K	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.51	−0.041%	—	—	5x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.48	−0.045%	$649K	$4.0M	10x	as long as short
Aftermath Perps METAUSD	+0.0053%	1h	741.12	+0.042%	$48K	$64K	10x	as long as short
Lighter META	+0.0064%	1h	741.00	+0.026%	$860K	$2.5M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	740.89	+0.011%	$608K	$7.3M	10x	as long as short
Phoenix META	+0.0065%	1h	740.60	−0.028%	$291K	$791K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.55	−0.035%	$1.6M	$357K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.20	−0.082%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.69	−0.016%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.60	−0.029%	$267	—	10x	as long as short
tradeXYZ xyz:META	+0.0117%	1h	740.91	+0.013%	$68.5M	$120.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.62	+0.244%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0614%	4h	740.53	−0.038%	$62K	$329K	10x	as long as short