META

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget+0.016%7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1601.599% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.206%+$21 on $10k

Price spread, last 7 days−0.137%−$14 · spread now +0.016%, 7d avg −0.064%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.081% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METAUSDT	744.79	0	get 0.0000% / 8h	7h 01m	$5.7M	$12.2M	100x
Short	KuCoin METAUSDTM	744.91	0.0100	get 0.0100% / 8h	7h 01m	$1.6M	$796K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.016%Rate

Funding earned: $21
Price spread: +0.016% → −0.064%: $8.05
Slippage, 4 orders: −$135.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$130.8
Costs to cover: 1.599%
Break-even: 50.6 days

Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.94 bp	9.4 bp −$9	17.1 bp −$171	29.2 bp −$2,918	doesn't fit
Sell KuCoin live order book, 4 min ago	3.62 bp	23.4 bp −$23	doesn't fit	doesn't fit	doesn't fit

META on 37 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	745.21	+0.056%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.80	+0.001%	$490K	$623K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.51	−0.038%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.79	0.000%	$25.9M	$191.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.08	+0.039%	$7.7M	$15.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.88	+0.012%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.69	−0.013%	$442K	$6.4M	100x	as long as short
Bitget METAUSDTlong	0.0000%	8h	744.79	long leg	$5.7M	$12.2M	100x
Variational Omni META	0.0000%	8h	744.88	+0.012%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.10	+0.042%	$12K	$437K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.26	+0.063%	$1K	$7.6M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.81	+0.003%	$36K	$271K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.97	+0.024%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.11	+0.043%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0009%	1h	744.78	−0.002%	$479K	$559K	20x	as long as short
Lighter RH META	+0.0032%	1h	745.31	+0.070%	$790K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	745.08	+0.039%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.78	−0.001%	$111K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.44	+0.087%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.20	+0.055%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.84	+0.007%	$566K	$618K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.19	+0.054%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.28	−0.068%	$719K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0059%	8h	745.08	+0.039%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0076%	1h	745.52	+0.098%	$51K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	744.43	−0.048%	$612	$2K	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	744.91	+0.016%	$1.6M	$796K	20x
ApeX Omni METAUSDT	+0.0100%	1h	744.32	−0.063%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.19	+0.054%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.94	+0.020%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	744.19	−0.081%	$642K	$8.0M	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	745.27	+0.064%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.78	−0.001%	$176K	$52K	30x	as long as short
Lighter META	+0.0296%	1h	745.49	+0.094%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0301%	1h	745.17	+0.051%	$86.1M	$134.5M	20x	as long as short
edgeX METAUSDC	+0.0510%	4h	745.00	+0.028%	$63K	$348K	10x	as long as short
Phoenix META	+0.0791%	1h	746.00	+0.162%	$796K	$1.5M	20x	as long as short