Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%

Price spread now: Binance against Gate+0.056%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$460.458% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.056%, 7d avg +0.057%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate META_USDT	748.02	0	get 0.0000% / 8h	3h 10m	$380K	$5.8M	100x
Short	Binance METAUSDT	748.44	0	get 0.0000% / 8h	3h 10m	$28.6M	$182.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → +0.057%: −$0.18
Slippage, 4 orders: −$20.75
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.93
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 3 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 Gate live order book, 3 min ago	6.63 bp	15.8 bp −$16	43.4 bp −$434	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.07 bp	5.6 bp −$6	10.7 bp −$107	45.6 bp −$4,560	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	748.57	+0.074%	$333K	$1.1M	20x	as long as short
Nado META-PERP	−0.0002%	1h	748.92	+0.120%	$484K	$556K	20x	as long as short
Aster METAUSDT	0.0000%	8h	748.00	−0.003%	$493K	$577K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	748.18	+0.021%	$551K	$2.7M	17x	as long as short
Binance METAUSDTshort	0.0000%	8h	748.44	+0.056%	$28.6M	$182.5M	20x
Bybit METAUSDT	0.0000%	8h	748.73	+0.095%	$7.5M	$14.6M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	748.80	+0.104%	$6.0M	$13.1M	20x	as long as short
Gate META_USDTlong	0.0000%	8h	748.02	long leg	$380K	$5.8M	100x
Variational Omni META	0.0000%	8h	748.56	+0.072%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.24	−0.104%	$12K	$451K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	748.53	+0.068%	$1K	$8.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	748.16	+0.019%	$33K	$250K	10x	as long as short
HTX META-USDT	0.0000%	8h	748.57	+0.074%	$107K	$304K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	748.59	+0.076%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	748.56	+0.072%	$771K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	747.50	−0.070%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	749.04	+0.136%	—	$11K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	748.98	+0.128%	$589K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.92	−0.013%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	748.00	−0.003%	$773K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	748.51	+0.066%	$2.2M	$13.8M	10x	as long as short
Paradex META-USD-PERP	+0.0062%	8h	748.29	+0.036%	—	—	5x	as long as short
Bitget METAUSDT	+0.0067%	8h	748.67	+0.087%	$5.5M	$11.9M	100x	as long as short
Aftermath Perps METAUSD	+0.0083%	1h	747.60	−0.057%	$52K	$82K	10x	as long as short
Popdex METAUSDT	+0.0096%	1h	748.68	+0.088%	$180K	$200K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	748.12	+0.013%	$1.6M	$622K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.51	−0.202%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	748.50	+0.064%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	748.43	+0.055%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	748.61	+0.079%	$673K	$7.5M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.71	−0.175%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0240%	1h	748.60	+0.078%	$33K	$105	20x	as long as short
Lighter META	+0.0280%	1h	748.52	+0.067%	$876K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0332%	1h	748.90	+0.118%	$71.6M	$121.7M	20x	as long as short
Phoenix META	+0.0633%	1h	747.82	−0.027%	$798K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0737%	4h	747.08	−0.126%	$62K	$337K	10x	as long as short