Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.110%

Price spread now: Vest against edgeX+0.057%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Vest: 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 0.057% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX METAUSDC	742.28	0.0013	pay 0.0007% / 4h	1h 55m	$62K	$347K	10x
Short	Vest META-USD-PERP	742.70	0.0046	get 0.0006% / 1h	55m 27s	—	$11K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee edgeXbpFee VestbpOrdersPrice spread, now +0.057%Rate

Funding earned: $6.85
Price spread: +0.057% → 0.000%: $5.71
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: $1.56
Costs to cover: 0.110%
Break-even: 5.4 days

Slippage unknown: edgeX: live order book, 56 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 56 min ago	5.10 bp	9.7 bp −$10	11.2 bp −$112	doesn't fit	doesn'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 37 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	742.40	+0.017%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	742.55	+0.037%	$338K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.00	+0.097%	$493K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.44	+0.022%	$548K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.66	+0.052%	$26.0M	$192.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.59	+0.042%	$7.7M	$15.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.63	+0.048%	$6.1M	$13.0M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.09	−0.025%	$454K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.67	+0.053%	$5.7M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	742.47	+0.025%	$2.5M	$3.0M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.57	+0.040%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.69	+0.056%	$942	$7.3M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.46	+0.025%	$107K	$299K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.98	+0.095%	$2.0M	$8K	10x	as long as short
edgeX METAUSDClong	+0.0013%	4h	742.28	long leg	$62K	$347K	10x
Lighter RH META	+0.0032%	1h	742.59	+0.042%	$844K	$2.8M	20x	as long as short
QFEX META-USD	+0.0038%	1h	742.45	+0.023%	$2.2M	$14.0M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.19	−0.012%	$111K	$284K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	742.70	+0.057%	—	$11K	25x
Polymarket Perps META-USD	+0.0050%	1h	742.38	+0.014%	$559K	$612K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.48	+0.027%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.78	−0.067%	$702K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0053%	8h	742.21	−0.009%	—	—	5x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	742.00	−0.037%	$644K	$7.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0073%	1h	742.82	+0.074%	$54K	$79K	10x	as long as short
Pacifica META	+0.0100%	1h	741.97	−0.041%	$635	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.66	+0.052%	$1.6M	$864K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.73	−0.074%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.57	+0.040%	$1K	$24	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0100%	1h	742.16	−0.016%	$36K	$257K	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.41	+0.018%	$267	—	10x	as long as short
Popdex METAUSDT	+0.0128%	1h	742.72	+0.060%	$179K	$200K	20x	as long as short
Nado META-PERP	+0.0135%	1h	742.00	−0.038%	$476K	$552K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.93	+0.088%	$168K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0296%	1h	742.40	+0.017%	$86.0M	$135.4M	20x	as long as short
Lighter META	+0.0392%	1h	742.69	+0.056%	$1.2M	$2.6M	20x	as long as short
Phoenix META	+0.0643%	1h	743.08	+0.108%	$793K	$1.5M	20x	as long as short