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−0.0921%/8h= −100.9% APRpaid last 24h −0.103%
Price spread now: BloFin against edgeX+0.087%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.748%−$75 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.087%, 7d avg +0.021%
Together, before fees−0.738%+ Points / potential airdropedgeX: Active · farm board−$74 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.066% dearer against edgeX than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.021%): +$7 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.748% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX METAUSDC737.900.0801pay 0.0401% / 4h3h 35m$62K$333K10x
ShortBloFin META-USDT738.54−0.0120pay 0.0120% / 8h7h 35m$329K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$193.43
Price spread: +0.087% → +0.021%
$6.6
Slippage, 4 orders
−$15.59
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$223.42
Costs to cover
0.366%
Break-even
never at this rate
Slippage from edgeX: live order book, 37 min ago; BloFin: live order book, 1 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, 37 min ago5.19 bp9.8 bp −$1011.3 bp −$113doesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago1.62 bp8.7 bp −$914.5 bp −$145doesn'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
Phemex METAUSDT−0.0244%4h738.69+0.107%$2.0M$8K10xas long as short
BloFin META-USDTshort−0.0120%8h738.54+0.087%$329K$1.1M20x
Aster METAUSDT0.0000%8h738.80+0.122%$465K$549K20xas long as short
Extended META_24_5-USD0.0000%1h738.70+0.109%$547K$2.5M17xas long as short
Binance METAUSDT0.0000%8h738.89+0.134%$27.2M$179.1M20xas long as short
Bybit METAUSDT0.0000%8h738.87+0.131%$7.6M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h738.80+0.122%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h738.58+0.092%$351K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h738.76+0.116%$5.6M$11.1M100xas long as short
Variational Omni META0.0000%8h738.79+0.121%$2.3M$3.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h738.15+0.034%$12K$479K10xas long as short
SunX META-USDT0.0000%8h739.13+0.167%$765$9.3M20xas long as short
HTX META-USDT0.0000%8h738.70+0.108%$106K$292K30xas long as short
Deribit META_USDC-PERPETUAL+0.0021%1h738.47+0.077%$30K$247K10xas long as short
Nado META-PERP+0.0031%1h738.48+0.078%$373K$344K20xas long as short
Lighter RH META+0.0032%1h739.01+0.150%$756K$3.1M20xas long as short
Vest META-USD-PERP+0.0046%1h738.92+0.138%$11K25xas long as short
Popdex METAUSDT+0.0048%1h738.93+0.139%$177K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h738.77+0.118%$556K$857K10xas long as short
SoDEX META-USD+0.0050%1h738.81+0.123%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h738.20+0.041%$692K$4.4M10xas long as short
QFEX META-USD+0.0055%1h738.91+0.137%$2.2M$14.2M10xas long as short
Arcus META-USD+0.0063%1h738.17+0.037%$110K$331K10xas long as short
Paradex META-USD-PERP+0.0069%8h738.68+0.106%5xas long as short
Aftermath Perps METAUSD+0.0071%1h739.41+0.204%$48K$80K10xas long as short
Hotstuff META-PERP+0.0080%1h738.42+0.070%$33K$10520xas long as short
KuCoin METAUSDTM+0.0100%8h738.85+0.129%$1.6M$425K20xas long as short
ApeX Omni METAUSDT+0.0100%1h737.51−0.053%$165K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h738.82+0.125%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h738.65+0.101%$26610xas long as short
Coinbase International META-PERP-INTX+0.0144%1h738.49+0.080%$604K$7.3M10xas long as short
tradeXYZ xyz:META+0.0171%1h738.88+0.133%$67.4M$121.4M20xas long as short
Injective META/USDC PERP+0.0220%1h740.07+0.294%$171K$48K30xas long as short
Phoenix META+0.0259%1h738.15+0.034%$277K$930K20xas long as short
Lighter META+0.0280%1h739.06+0.157%$850K$2.5M20xas long as short
edgeX METAUSDClong+0.0801%4h737.90long leg$62K$333K10x