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 +0.005%

Price spread now: HTX against BloFin+0.007%59s7-day average −0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as 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−$360.359% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.007%, 7d avg −0.031%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.031%. The two prices were read 59 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	744.71	−0.0120	get 0.0120% / 8h	1h 11m	$331K	$1.1M	20x
Short	HTX META-USDT	744.76	0	get 0.0000% / 8h	1h 11m	$106K	$308K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $25.2
Price spread: +0.007% → −0.031%: $3.74
Slippage, 4 orders: −$11.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$6.96
Costs to cover: 0.359%
Break-even: 8.9 days

Slippage from BloFin: live order book, 11 min ago; HTX: live order book, 30 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, 11 min ago	0.60 bp	7.0 bp −$7	9.5 bp −$95	doesn't fit	doesn't fit
Sell HTX live order book, 30 min ago	2.68 bp	8.7 bp −$9	10.7 bp −$107	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-USDTlong	−0.0120%	8h	744.71	long leg	$331K	$1.1M	20x
Nado META-PERP	−0.0038%	1h	744.66	−0.007%	$480K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.29	+0.077%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.78	+0.009%	$548K	$1.8M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.98	+0.036%	$24.9M	$188.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.09	+0.051%	$7.4M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.02	+0.042%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.63	−0.011%	$463K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.96	+0.034%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.70	−0.001%	$2.4M	$3.3M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.77	+0.008%	$13K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.85	+0.019%	$929	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.63	−0.011%	$34K	$274K	10x	as long as short
HTX META-USDTshort	0.0000%	8h	744.76	+0.007%	$106K	$308K	30x
Phemex METAUSDT	0.0000%	4h	744.93	+0.030%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.87	+0.021%	$2.2M	$13.8M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.30	+0.079%	$789K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.67	−0.005%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.41	+0.094%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.03	+0.043%	$177K	$205K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.62	−0.012%	$578K	$572K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.93	+0.030%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.48	−0.031%	$685K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0058%	8h	744.89	+0.024%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.89	+0.158%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.98	+0.036%	$1.6M	$691K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.16	−0.074%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.96	+0.034%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.82	+0.015%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.73	+0.003%	$650K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.34	+0.353%	$172K	$46K	30x	as long as short
Lighter META	+0.0368%	1h	745.55	+0.113%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERP	+0.0376%	1h	745.47	+0.102%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0488%	1h	745.45	+0.099%	$78.2M	$128.0M	20x	as long as short
Phoenix META	+0.0739%	1h	745.99	+0.172%	$796K	$1.5M	20x	as long as short
Pacifica META	+0.0800%	1h	745.08	+0.049%	$16	$103	10x	as long as short
edgeX METAUSDC	+0.0926%	4h	744.82	+0.015%	$62K	$345K	10x	as long as short