Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against GRVT+0.014%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · Vest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT META_USDT_Perp	740.09	0	get 0.0000% / 8h	6h 46m	$13K	$446K	10x
Short	Vest META-USD-PERP	740.19	0.0046	get 0.0006% / 1h	46m 48s	—	$11K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.014%Rate

Funding earned: $9.59
Price spread: +0.014% → 0.000%: $1.35
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$0.06
Costs to cover: 0.110%
Break-even: 7.0 days

Slippage unknown: GRVT: live order book, 21 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 GRVT live order book, 21 min ago	1.49 bp	6.0 bp −$6	15.3 bp −$153	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 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
Nado META-PERP	−0.0175%	1h	739.65	−0.059%	$478K	$546K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.99	−0.014%	$327K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.47	+0.052%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.93	−0.022%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.13	+0.005%	$27.4M	$179.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.83	−0.035%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.07	−0.003%	$5.9M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.01	−0.011%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.13	+0.005%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.19	+0.014%	$2.4M	$3.3M	—	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_Perplong	0.0000%	8h	740.09	long leg	$13K	$446K	10x
SunX META-USDT	0.0000%	8h	740.18	+0.012%	$742	$9.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.49	−0.081%	$30K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.80	−0.039%	$105K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.46	+0.050%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	739.86	−0.031%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.07	−0.003%	$750K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	739.75	−0.046%	$110K	$330K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	740.19	+0.014%	—	$11K	25x
Popdex METAUSDT	+0.0048%	1h	740.06	−0.004%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.80	−0.039%	$557K	$855K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.91	−0.024%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.80	−0.039%	$693K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	739.82	−0.036%	—	—	5x	as long as short
Lighter META	+0.0064%	1h	740.00	−0.012%	$856K	$2.4M	20x	as long as short
Aftermath Perps METAUSD	+0.0068%	1h	740.68	+0.079%	$49K	$80K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.06	−0.004%	$1.6M	$463K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.33	−0.103%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.88	−0.028%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.69	−0.053%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	740.05	−0.005%	$610K	$7.3M	10x	as long as short
Hotstuff META-PERP	+0.0112%	1h	740.11	+0.003%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0197%	4h	740.06	−0.004%	$62K	$336K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.52	+0.328%	$171K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0241%	1h	740.15	+0.008%	$68.3M	$120.4M	20x	as long as short
Phoenix META	+0.0313%	1h	740.91	+0.111%	$368K	$1.1M	20x	as long as short