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 − costs—prices read too far apart to compare
costs, in and out, $10k−$900.897% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 742.74 | 0.0357 | pay 0.0179% / 4h | 49m 52s | $62K | $336K | 10x |
| Short | Aster METAUSDT | 742.65 | 0 | get 0.0000% / 8h | 4h 49m | $466K | $551K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 8 min ago | 5.31 bp | 9.9 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Aster live order book, 8 min ago | 13.37 bp | 24.3 bp −$24 | 62.4 bp −$624 | doesn't fit | doesn't fit |
META on 36 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-USDT | −0.0120% | 8h | 742.96 | +0.029% | $330K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0054% | 1h | 742.50 | −0.032% | $480K | $552K | 20x | as long as short |
| Aster METAUSDTshort | 0.0000% | 8h | 742.65 | −0.013% | $466K | $551K | 20x | |
| Extended META_24_5-USD | 0.0000% | 1h | 742.89 | +0.020% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 743.09 | +0.047% | $27.5M | $180.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.93 | +0.025% | $7.5M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 743.03 | +0.039% | $6.0M | $13.5M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 742.58 | −0.022% | $362K | $5.7M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 743.01 | +0.036% | $5.4M | $11.6M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 742.77 | +0.003% | $2.4M | $3.1M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 742.93 | +0.025% | $12K | $434K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 743.08 | +0.046% | $948 | $9.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 742.29 | −0.061% | $31K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 742.80 | +0.008% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 743.10 | +0.048% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.12 | +0.051% | $766K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 742.70 | −0.006% | $2.1M | $13.7M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 742.59 | −0.020% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 743.12 | +0.051% | — | $10K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 742.86 | +0.016% | $179K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.64 | −0.014% | $559K | $540K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 742.89 | +0.020% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 742.05 | −0.093% | $711K | $4.3M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0061% | 8h | 742.69 | −0.007% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0078% | 1h | 743.58 | +0.113% | $50K | $81K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 743.12 | +0.051% | $1.6M | $532K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 742.29 | −0.061% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 742.88 | +0.019% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 742.74 | 0.000% | $267 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 742.67 | −0.010% | $615K | $7.2M | 10x | as long as short |
| Hotstuff META-PERP | +0.0128% | 1h | 742.90 | +0.021% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0216% | 1h | 743.06 | +0.043% | $857K | $2.4M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.79 | +0.276% | $172K | $48K | 30x | as long as short |
| tradeXYZ xyz:META | +0.0263% | 1h | 743.12 | +0.051% | $69.5M | $120.3M | 20x | as long as short |
| edgeX METAUSDClong | +0.0357% | 4h | 742.74 | long leg | $62K | $336K | 10x | |
| Phoenix META | +0.0591% | 1h | 743.61 | +0.117% | $622K | $1.2M | 20x | as long as short |
edgeX METAUSDC
Aster METAUSDT
BloFin META-USDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Lighter META
Injective META/USDC PERP
tradeXYZ xyz:META
Phoenix META