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 0.000%

Price spread now: HTX against GRVT−0.001%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on GRVT Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.001%, 7d avg −0.017%

Together, before fees+0.069%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT META_USDT_Perp	739.41	0	get 0.0000% / 8h	7h 29m	$12K	$471K	10x
Short	HTX META-USDT	739.40	0	get 0.0000% / 8h	7h 29m	$106K	$295K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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 GRVTbpFee HTXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.017%: $1.52
Slippage, 4 orders: −$15.58
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$35.06
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from GRVT: live order book, 44 min ago; HTX: live order book, 43 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 GRVT live order book, 44 min ago	1.15 bp	6.7 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell HTX live order book, 43 min ago	2.70 bp	8.7 bp −$9	12.6 bp −$126	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	739.45	+0.005%	$329K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.65	+0.032%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.39	−0.003%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.52	+0.015%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.62	+0.028%	$7.6M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.49	+0.011%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	738.97	−0.060%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.34	−0.009%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	739.38	−0.004%	$2.3M	$3.3M	—	as long as short
GRVT META_USDT_Perplong	0.0000%	8h	739.41	long leg	$12K	$471K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	739.71	+0.041%	$845	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.21	−0.027%	$30K	$246K	10x	as long as short
HTX META-USDTshort	0.0000%	8h	739.40	−0.001%	$106K	$295K	30x
Phemex METAUSDT	0.0000%	4h	739.57	+0.022%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0007%	1h	739.16	−0.034%	$393K	$356K	20x	as long as short
Lighter RH META	+0.0032%	1h	739.61	+0.027%	$755K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.70	+0.039%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.42	+0.001%	$177K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.30	−0.015%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.42	+0.001%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.70	−0.096%	$691K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.52	+0.015%	$2.2M	$14.2M	10x	as long as short
Arcus META-USD	+0.0063%	1h	738.82	−0.080%	$110K	$331K	10x	as long as short
Paradex META-USD-PERP	+0.0066%	8h	739.35	−0.008%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	739.57	+0.021%	$48K	$80K	10x	as long as short
Hotstuff META-PERP	+0.0088%	1h	739.55	+0.019%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.55	+0.019%	$1.6M	$432K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	738.62	−0.107%	$165K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.48	+0.009%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.36	−0.007%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	738.49	−0.124%	$604K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0178%	1h	739.49	+0.011%	$67.5M	$121.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.90	+0.202%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	739.65	+0.032%	$851K	$2.5M	20x	as long as short
Phoenix META	+0.0259%	1h	739.35	−0.008%	$277K	$930K	20x	as long as short
edgeX METAUSDC	+0.0475%	4h	739.30	−0.014%	$62K	$335K	10x	as long as short