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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h +0.018%
Price spread now: Hotstuff against Coinbase International+0.018%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds 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: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International META-PERP-INTX739.800.0144pay 0.0018% / 1h11m 30s$614K$7.3M10x
ShortHotstuff META-PERP739.930.0072get 0.0009% / 1h11m 30s$33K$10520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$15.12
Price spread: +0.018% → 0.000%
$1.76
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$28.36
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Hotstuff: 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 ago1.89 bp7.6 bp −$811.5 bp −$115doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Deribit META_USDC-PERPETUAL−0.0223%1h739.46−0.046%$30K$246K10xas long as short
BloFin META-USDT−0.0120%8h740.27+0.064%$326K$1.1M20xas long as short
Nado META-PERP−0.0075%1h739.67−0.018%$457K$460K20xas long as short
Aster METAUSDT0.0000%8h739.88+0.010%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h739.77−0.004%$550K$2.7M17xas long as short
Binance METAUSDT0.0000%8h739.96+0.022%$27.4M$179.7M20xas long as short
Bybit METAUSDT0.0000%8h740.22+0.057%$7.6M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.08+0.038%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h739.73−0.009%$349K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h739.93+0.018%$5.6M$11.1M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h740.24+0.060%$2.4M$3.3Mas long as short
GRVT META_USDT_Perp0.0000%8h740.32+0.070%$12K$459K10xas long as short
SunX META-USDT0.0000%8h740.37+0.077%$1K$9.3M20xas long as short
HTX META-USDT0.0000%8h739.56−0.032%$104K$295K30xas long as short
Phemex METAUSDT0.0000%4h740.59+0.107%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h740.13+0.045%$752K$3.2M20xas long as short
Vest META-USD-PERP+0.0046%1h740.31+0.069%$11K25xas long as short
Popdex METAUSDT+0.0048%1h740.06+0.035%$178K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.81+0.001%$557K$857K10xas long as short
SoDEX META-USD+0.0050%1h739.99+0.026%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h739.52−0.038%$666K$4.4M10xas long as short
QFEX META-USD+0.0055%1h739.78−0.003%$2.2M$14.2M10xas long as short
Paradex META-USD-PERP+0.0061%8h739.85+0.007%5xas long as short
Arcus META-USD+0.0063%1h739.70−0.014%$110K$331K10xas long as short
Aftermath Perps METAUSD+0.0069%1h740.57+0.104%$48K$80K10xas long as short
Hotstuff META-PERPshort+0.0072%1h739.93+0.018%$33K$10520x
KuCoin METAUSDTM+0.0100%8h740.06+0.035%$1.6M$447K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.88+0.011%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.02+0.030%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h739.85+0.006%$26610xas long as short
Coinbase International META-PERP-INTXlong+0.0144%1h739.80long leg$614K$7.3M10x
tradeXYZ xyz:META+0.0162%1h739.91+0.015%$67.7M$121.8M20xas long as short
Lighter META+0.0208%1h740.10+0.041%$852K$2.5M20xas long as short
Injective META/USDC PERP+0.0220%1h741.98+0.295%$171K$48K30xas long as short
Phoenix META+0.0259%1h740.56+0.103%$313K$930K20xas long as short
edgeX METAUSDC+0.0833%4h740.25+0.060%$62K$336K10xas long as short