META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.015%

Price spread now: BloFin against Gate+0.077%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

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

costs, in and out, $10k−$470.469% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 3 days (all we have)+0.132%+$13 · spread now +0.077%, 7d avg +0.072%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate META_USDT	740.28	0	get 0.0000% / 8h	1h 31m	$329K	$5.4M	100x
Short	BloFin META-USDT	740.85	−0.0120	pay 0.0120% / 8h	1h 31m	$328K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$25.2
Price spread: +0.077% → +0.072%: $0.53
Slippage, 4 orders: −$19.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$71.55
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from Gate: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	7.63 bp	16.9 bp −$17	38.7 bp −$387	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	0.07 bp	6.6 bp −$7	10.7 bp −$107	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-USDTshort	−0.0120%	8h	740.85	+0.077%	$328K	$1.1M	20x
Nado META-PERP	−0.0080%	1h	740.78	+0.067%	$395K	$317K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.39	+0.150%	$458K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.61	+0.045%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.86	+0.078%	$26.9M	$177.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.03	+0.101%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.98	+0.095%	$6.0M	$13.1M	20x	as long as short
Gate META_USDTlong	0.0000%	8h	740.28	long leg	$329K	$5.4M	100x
Bitget METAUSDT	0.0000%	8h	740.92	+0.086%	$5.8M	$11.0M	100x	as long as short
Variational Omni META	0.0000%	8h	740.63	+0.047%	$1.6M	$2.6M	—	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	740.39	+0.014%	$12K	$506K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.95	+0.091%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.79	+0.069%	$30K	$256K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.84	+0.076%	$105K	$283K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.80	+0.070%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0003%	1h	740.56	+0.038%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	741.35	+0.145%	$744K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.25	−0.004%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.27	+0.134%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.72	+0.059%	$178K	$201K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.85	+0.077%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.72	+0.059%	$24K	$3K	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.56	+0.038%	—	—	5x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.40	+0.016%	$639K	$4.1M	10x	as long as short
Aftermath Perps METAUSD	+0.0054%	1h	741.02	+0.100%	$49K	$63K	10x	as long as short
Lighter META	+0.0064%	1h	741.33	+0.142%	$862K	$2.5M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	740.91	+0.085%	$606K	$7.4M	10x	as long as short
Phoenix META	+0.0065%	1h	740.67	+0.053%	$291K	$791K	20x	as long as short
tradeXYZ xyz:META	+0.0099%	1h	740.75	+0.063%	$68.4M	$120.6M	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.72	+0.059%	$1.6M	$362K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.52	+0.032%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.74	+0.062%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.76	+0.065%	$267	—	10x	as long as short
Hotstuff META-PERP	+0.0184%	1h	740.83	+0.074%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.58	+0.041%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0246%	4h	740.42	+0.019%	$62K	$331K	10x	as long as short