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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Vest against Deribit+0.068%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 airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.068% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit META_USDC-PERPETUAL740.560get 0.0000% / 1h4m 40s$30K$256K10x
ShortVest META-USD-PERP741.060.0046get 0.0006% / 1h4m 40s$9K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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
$9.59
Price spread: +0.068% → 0.000%
$6.75
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$7.34
Costs to cover
0.090%
Break-even
1.6 days
Slippage unknown: Deribit: live order book, 19 min ago; Vest: 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 Deribit live order book, 19 min ago0.07 bp3.6 bp −$45.6 bp −$56doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h740.30−0.035%$329K$1.1M20xas long as short
Nado META-PERP−0.0106%1h740.46−0.014%$397K$317K20xas long as short
Hotstuff META-PERP−0.0048%1h740.77+0.028%$33K$10520xas long as short
Aster METAUSDT0.0000%8h740.95+0.053%$457K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.34−0.030%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.42−0.019%$26.9M$177.5M20xas long as short
Bybit METAUSDT0.0000%8h740.39−0.023%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.50−0.008%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h740.18−0.051%$318K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.55−0.001%$5.8M$11.0M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h740.46−0.013%$1.6M$2.5Mas long as short
GRVT META_USDT_Perp0.0000%8h740.42−0.019%$12K$521K10xas long as short
SunX META-USDT0.0000%8h740.90+0.046%$911$9.5M20xas long as short
Deribit META_USDC-PERPETUALlong0.0000%1h740.56long leg$30K$256K10x
HTX META-USDT0.0000%8h740.28−0.038%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.50−0.008%$2.0M$8K10xas long as short
QFEX META-USD+0.0012%1h740.33−0.031%$2.2M$14.2M10xas long as short
Lighter META+0.0032%1h740.71+0.020%$859K$2.6M20xas long as short
Lighter RH META+0.0032%1h740.73+0.023%$748K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.24−0.043%$263K$313K10xas long as short
Vest META-USD-PERPshort+0.0046%1h741.06+0.068%$9K25x
Popdex METAUSDT+0.0048%1h740.47−0.012%$178K$201K20xas long as short
tradeXYZ xyz:META+0.0050%1h740.72+0.022%$68.5M$120.5M20xas long as short
Polymarket Perps META-USD+0.0050%1h740.64+0.011%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.48−0.011%$24K$3K10xas long as short
Paradex META-USD-PERP+0.0050%8h740.34−0.030%5xas long as short
Ondo Perps META-USD.P+0.0050%1h740.26−0.041%$641K$4.0M10xas long as short
Aftermath Perps METAUSD+0.0052%1h740.99+0.058%$45K$61K10xas long as short
Coinbase International META-PERP-INTX+0.0080%1h740.26−0.041%$607K$7.3M10xas long as short
Phoenix META+0.0097%1h740.71+0.020%$291K$782K20xas long as short
KuCoin METAUSDTM+0.0100%8h740.37−0.026%$1.6M$354K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.43−0.018%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.47−0.012%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.38−0.025%$26710xas long as short
Injective META/USDC PERP+0.0220%1h740.29−0.036%$168K$46K30xas long as short
edgeX METAUSDC+0.0401%4h740.46−0.013%$62K$329K10xas long as short