META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%

Price spread now: Bitget against BloFin+0.003%75s7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.386% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.188%+$19 on $10k

Price spread, last 4 days (all we have)−0.423%−$42 · spread now +0.003%, 7d avg −0.017%

Together, before fees−0.235%−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin META-USDT	741.41	−0.0120	get 0.0120% / 8h	5h 34m	$328K	$1.1M	20x
Short	Bitget METAUSDT	741.43	0	get 0.0000% / 8h	5h 34m	$5.6M	$11.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: $25.2
Price spread: +0.003% → −0.017%: $1.94
Slippage, 4 orders: −$14.61
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.47
Costs to cover: 0.386%
Break-even: 10.2 days

Slippage from BloFin: live order book, 8 min ago; Bitget: live order book, 5 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 BloFin live order book, 8 min ago	1.01 bp	10.5 bp −$11	18.1 bp −$181	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.61 bp	9.8 bp −$10	20.3 bp −$203	38.6 bp −$3,862	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-USDTlong	−0.0120%	8h	741.41	long leg	$328K	$1.1M	20x
Nado META-PERP	−0.0037%	1h	741.01	−0.054%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.66	+0.034%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.14	−0.036%	$549K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.34	−0.010%	$27.3M	$178.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.33	−0.011%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.35	−0.008%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.01	−0.054%	$345K	$5.6M	100x	as long as short
Bitget METAUSDTshort	0.0000%	8h	741.43	+0.003%	$5.6M	$11.4M	100x
Variational Omni META	0.0000%	8h	741.13	−0.038%	$2.3M	$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	741.23	−0.024%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.29	−0.016%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.82	−0.080%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.36	−0.007%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.39	−0.003%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.68	+0.036%	$763K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.20	−0.028%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	740.85	−0.076%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.51	+0.013%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.40	−0.001%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.12	−0.039%	$558K	$539K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.37	−0.005%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.67	−0.100%	$702K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	741.18	−0.031%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0076%	1h	742.13	+0.097%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.82	+0.055%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.51	+0.013%	$1.6M	$511K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.43	−0.132%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.34	−0.009%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.24	−0.022%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	743.52	+0.285%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	741.63	+0.030%	$861K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0248%	1h	741.42	+0.001%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0340%	1h	741.52	+0.015%	$69.2M	$120.1M	20x	as long as short
edgeX METAUSDC	+0.0464%	4h	741.05	−0.048%	$62K	$336K	10x	as long as short
Phoenix META	+0.0496%	1h	741.90	+0.066%	$526K	$1.1M	20x	as long as short