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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0043%/8h= −4.7% APRnext payment $0.05 per $10,000 · paid last 24h +0.020%
Price spread now: Aftermath Perps against Coinbase International+0.136%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 3 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 pays, funding is against you. Aftermath Perps is 0.136% dearer against Coinbase International than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International META-PERP-INTX746.410.0128pay 0.0016% / 1h56m 15s$671K$7.6M10x
ShortAftermath Perps METAUSD747.430.0085get 0.0011% / 1h56m 15s$52K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Coinbase International. 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
−$9.02
Price spread: +0.136% → 0.000%
$13.65
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$14.37
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Aftermath Perps: 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 Coinbase International live order book, 3 min ago1.81 bp6.8 bp −$710.7 bp −$107doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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%8h746.59+0.024%$333K$1.1M20xas long as short
Aster METAUSDT0.0000%8h746.55+0.019%$492K$577K20xas long as short
Extended META_24_5-USD0.0000%1h745.79−0.083%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h745.97−0.059%$28.4M$181.7M20xas long as short
Bybit METAUSDT0.0000%8h745.84−0.076%$7.4M$14.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h746.31−0.013%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h745.66−0.100%$430K$5.9M100xas long as short
Variational Omni META0.0000%8h746.94+0.072%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h747.03+0.083%$13K$444K10xas long as short
SunX META-USDT0.0000%8h746.43+0.003%$1K$8.6M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit META_USDC-PERPETUAL0.0000%1h745.35−0.142%$31K$255K10xas long as short
HTX META-USDT0.0000%8h745.89−0.070%$106K$305K30xas long as short
Phemex METAUSDT0.0000%4h746.46+0.007%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h746.12−0.039%$768K$2.9M20xas long as short
Nado META-PERP+0.0032%1h746.20−0.028%$482K$556K20xas long as short
Arcus META-USD+0.0040%1h746.39−0.003%$111K$331K10xas long as short
Vest META-USD-PERP+0.0046%1h746.76+0.047%$11K25xas long as short
QFEX META-USD+0.0046%1h746.42+0.001%$2.2M$13.8M10xas long as short
Polymarket Perps META-USD+0.0050%1h746.02−0.052%$587K$564K10xas long as short
SoDEX META-USD+0.0050%1h746.18−0.031%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h745.67−0.099%$759K$4.6M10xas long as short
Popdex METAUSDT+0.0064%1h746.51+0.013%$180K$199K20xas long as short
Paradex META-USD-PERP+0.0067%8h746.34−0.009%5xas long as short
Aftermath Perps METAUSDshort+0.0085%1h747.43+0.136%$52K$82K10x
KuCoin METAUSDTM+0.0100%8h746.21−0.027%$1.6M$630K20xas long as short
ApeX Omni METAUSDT+0.0100%1h745.83−0.078%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h746.08−0.044%$1K$2410xas long as short
Bitget METAUSDT+0.0103%8h746.25−0.021%$5.5M$11.9M100xas long as short
Aevo META-PERP+0.0104%1h745.97−0.060%$26910xas long as short
Coinbase International META-PERP-INTXlong+0.0128%1h746.41long leg$671K$7.6M10x
Injective META/USDC PERP+0.0220%1h749.00+0.347%$173K$46K30xas long as short
Lighter META+0.0280%1h746.12−0.039%$946K$2.5M20xas long as short
edgeX METAUSDC+0.0362%4h746.93+0.069%$62K$340K10xas long as short
Hotstuff META-PERP+0.0440%1h747.30+0.119%$33K$10520xas long as short
tradeXYZ xyz:META+0.0484%1h746.34−0.009%$72.4M$122.4M20xas long as short
Phoenix META+0.0633%1h748.29+0.252%$799K$1.4M20xas long as short