Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against HTX+0.028%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.028% dearer against HTX than usual: you sell high and buy low: +$3 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	HTX META-USDT	744.27	0	get 0.0000% / 8h	7h 11m	$108K	$300K	30x
Short	Aevo META-PERP	744.48	0.0104	get 0.0013% / 1h	11m 15s	$268	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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 HTXbpFee AevobpOrdersPrice spread, now +0.028%Rate

Funding earned: $21.84
Price spread: +0.028% → 0.000%: $2.77
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$3.39
Costs to cover: 0.280%
Break-even: 8.1 days

Slippage unknown: HTX: live order book, 21 min ago; Aevo: 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 HTX live order book, 21 min ago	2.89 bp	10.9 bp −$11	17.9 bp −$179	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 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	744.63	+0.048%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.80	+0.071%	$487K	$623K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.50	+0.031%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.77	+0.067%	$25.9M	$191.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.62	+0.047%	$7.5M	$15.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.64	+0.050%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.44	+0.023%	$439K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.49	+0.030%	$5.7M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	743.90	−0.050%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	744.05	−0.030%	$12K	$437K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	744.76	+0.066%	$639	$7.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.44	+0.023%	$36K	$270K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	744.27	long leg	$108K	$300K	30x
Phemex METAUSDT	0.0000%	4h	744.88	+0.082%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0003%	1h	744.47	+0.027%	$479K	$561K	20x	as long as short
Lighter RH META	+0.0032%	1h	744.87	+0.081%	$797K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	744.66	+0.052%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.24	−0.004%	$111K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.06	+0.106%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.65	+0.051%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.32	+0.007%	$566K	$619K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.62	+0.047%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.04	−0.031%	$727K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0054%	8h	744.57	+0.040%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0076%	1h	744.72	+0.061%	$51K	$92K	10x	as long as short
Pacifica META	+0.0100%	1h	744.29	+0.003%	$612	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.18	−0.012%	$1.6M	$786K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.59	−0.091%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.62	+0.047%	$1K	$24	10x	as long as short
edgeX METAUSDC	+0.0103%	4h	743.85	−0.057%	$63K	$349K	10x	as long as short
Aevo META-PERPshort	+0.0104%	1h	744.48	+0.028%	$268	—	10x
Coinbase International META-PERP-INTX	+0.0120%	1h	744.19	−0.011%	$642K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.78	+0.069%	$176K	$52K	30x	as long as short
Hotstuff META-PERP	+0.0224%	1h	744.47	+0.027%	$33K	$105	20x	as long as short
Lighter META	+0.0288%	1h	745.10	+0.112%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0293%	1h	744.61	+0.046%	$85.7M	$134.2M	20x	as long as short
Phoenix META	+0.0791%	1h	745.15	+0.118%	$795K	$1.5M	20x	as long as short