Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
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 +0.026%
Price spread now: Orderly against Bitget+0.015%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget METAUSDT744.380get 0.0000% / 8h3h 58m$5.4M$11.8M100x
ShortOrderly PERP_META_USDC_mythos744.490.0100get 0.0100% / 8h3h 58m$1K$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$21
Price spread: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.48
Costs to cover
0.180%
Break-even
5.5 days
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago0.54 bp9.9 bp −$1018.7 bp −$18738.8 bp −$3,880doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

META on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h744.49+0.015%$329K$1.1M20xas long as short
Aster METAUSDT0.0000%8h744.11−0.036%$469K$553K20xas long as short
Extended META_24_5-USD0.0000%1h744.27−0.014%$550K$2.7M17xas long as short
Binance METAUSDT0.0000%8h744.42+0.005%$28.5M$183.1M20xas long as short
Bybit METAUSDT0.0000%8h744.44+0.008%$7.7M$14.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h744.28−0.013%$6.0M$13.6M20xas long as short
Gate META_USDT0.0000%8h744.06−0.043%$366K$5.8M100xas long as short
Bitget METAUSDTlong0.0000%8h744.38long leg$5.4M$11.8M100x
Variational Omni META0.0000%8h745.25+0.117%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h744.97+0.080%$12K$448K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h744.48+0.013%$993$9.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.08−0.040%$31K$246K10xas long as short
HTX META-USDT0.0000%8h744.55+0.023%$106K$301K30xas long as short
Phemex METAUSDT0.0000%4h745.20+0.110%$2.0M$8K10xas long as short
Nado META-PERP+0.0010%1h744.08−0.040%$481K$553K20xas long as short
Lighter RH META+0.0032%1h744.63+0.034%$780K$2.9M20xas long as short
Arcus META-USD+0.0040%1h744.18−0.027%$111K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h744.63+0.034%$10K25xas long as short
Popdex METAUSDT+0.0048%1h744.37−0.001%$179K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h744.24−0.019%$586K$565K10xas long as short
SoDEX META-USD+0.0050%1h744.40+0.003%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h743.82−0.075%$819K$4.6M10xas long as short
QFEX META-USD+0.0058%1h744.21−0.023%$2.2M$13.7M10xas long as short
Aftermath Perps METAUSD+0.0083%1h745.02+0.085%$52K$82K10xas long as short
KuCoin METAUSDTM+0.0100%8h744.62+0.032%$1.6M$560K20xas long as short
ApeX Omni METAUSDT+0.0100%1h744.01−0.050%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythosshort+0.0100%8h744.49+0.015%$1K$2410x
Aevo META-PERP+0.0104%1h744.37−0.001%$26810xas long as short
Paradex META-USD-PERP+0.0104%8h744.44+0.008%5xas long as short
Coinbase International META-PERP-INTX+0.0128%1h744.19−0.026%$616K$7.3M10xas long as short
Hotstuff META-PERP+0.0168%1h744.51+0.017%$33K$10520xas long as short
Lighter META+0.0208%1h744.60+0.030%$862K$2.4M20xas long as short
Injective META/USDC PERP+0.0220%1h747.42+0.408%$172K$48K30xas long as short
tradeXYZ xyz:META+0.0303%1h744.51+0.017%$69.8M$120.9M20xas long as short
Phoenix META+0.0591%1h745.84+0.196%$737K$1.2M20xas long as short
edgeX METAUSDC+0.0992%4h745.16+0.105%$62K$338K10xas long as short