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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0357%/8h= −39.1% APRpaid last 24h −0.096%
Price spread now: Aster against edgeX−0.013%100s7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.560%−$56 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.013%, 7d avg +0.082%
Together, before fees−0.467%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.095% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.082%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX METAUSDC742.740.0357pay 0.0179% / 4h49m 52s$62K$336K10x
ShortAster METAUSDT742.650get 0.0000% / 8h4h 49m$466K$551K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$74.98
Price spread: −0.013% → +0.082%
−$9.48
Slippage, 4 orders
−$72.69
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$174.15
Costs to cover
0.897%
Break-even
never at this rate
Slippage from edgeX: live order book, 8 min ago; Aster: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 8 min ago5.31 bp9.9 bp −$1011.5 bp −$115doesn't fitdoesn't fit
Sell Aster live order book, 8 min ago13.37 bp24.3 bp −$2462.4 bp −$624doesn't fitdoesn't fit

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%8h742.96+0.029%$330K$1.1M20xas long as short
Nado META-PERP−0.0054%1h742.50−0.032%$480K$552K20xas long as short
Aster METAUSDTshort0.0000%8h742.65−0.013%$466K$551K20x
Extended META_24_5-USD0.0000%1h742.89+0.020%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h743.09+0.047%$27.5M$180.2M20xas long as short
Bybit METAUSDT0.0000%8h742.93+0.025%$7.5M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h743.03+0.039%$6.0M$13.5M20xas long as short
Gate META_USDT0.0000%8h742.58−0.022%$362K$5.7M100xas long as short
Bitget METAUSDT0.0000%8h743.01+0.036%$5.4M$11.6M100xas long as short
Variational Omni META0.0000%8h742.77+0.003%$2.4M$3.1Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h742.93+0.025%$12K$434K10xas long as short
SunX META-USDT0.0000%8h743.08+0.046%$948$9.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h742.29−0.061%$31K$245K10xas long as short
HTX META-USDT0.0000%8h742.80+0.008%$106K$296K30xas long as short
Phemex METAUSDT0.0000%4h743.10+0.048%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h743.12+0.051%$766K$3.0M20xas long as short
QFEX META-USD+0.0036%1h742.70−0.006%$2.1M$13.7M10xas long as short
Arcus META-USD+0.0040%1h742.59−0.020%$110K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h743.12+0.051%$10K25xas long as short
Popdex METAUSDT+0.0048%1h742.86+0.016%$179K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h742.64−0.014%$559K$540K10xas long as short
SoDEX META-USD+0.0050%1h742.89+0.020%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h742.05−0.093%$711K$4.3M10xas long as short
Paradex META-USD-PERP+0.0061%8h742.69−0.007%5xas long as short
Aftermath Perps METAUSD+0.0078%1h743.58+0.113%$50K$81K10xas long as short
KuCoin METAUSDTM+0.0100%8h743.12+0.051%$1.6M$532K20xas long as short
ApeX Omni METAUSDT+0.0100%1h742.29−0.061%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h742.88+0.019%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h742.740.000%$26710xas long as short
Coinbase International META-PERP-INTX+0.0104%1h742.67−0.010%$615K$7.2M10xas long as short
Hotstuff META-PERP+0.0128%1h742.90+0.021%$33K$10520xas long as short
Lighter META+0.0216%1h743.06+0.043%$857K$2.4M20xas long as short
Injective META/USDC PERP+0.0220%1h744.79+0.276%$172K$48K30xas long as short
tradeXYZ xyz:META+0.0263%1h743.12+0.051%$69.5M$120.3M20xas long as short
edgeX METAUSDClong+0.0357%4h742.74long leg$62K$336K10x
Phoenix META+0.0591%1h743.61+0.117%$622K$1.2M20xas long as short