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: Aster against HTX−0.024%7-day average +0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1421.418% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.024%, 7d avg +0.095%

Together, before fees+0.057%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.119% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	740.34	0	get 0.0000% / 8h	7h 15m	$105K	$295K	30x
Short	Aster METAUSDT	740.16	0	get 0.0000% / 8h	7h 15m	$466K	$549K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.095%: −$11.92
Slippage, 4 orders: −$121.82
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$153.74
Costs to cover: 1.418%
Break-even: never at this rate

Slippage from HTX: live order book, 56 min ago; Aster: live order book, 57 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 HTX live order book, 56 min ago	2.70 bp	11.4 bp −$11	17.8 bp −$178	doesn't fit	doesn't fit
Sell Aster live order book, 57 min ago	9.91 bp	22.7 bp −$23	doesn't fit	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	740.38	+0.005%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0053%	1h	739.87	−0.064%	$474K	$446K	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	740.16	−0.024%	$466K	$549K	20x
Extended META_24_5-USD	0.0000%	1h	740.13	−0.028%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.31	−0.004%	$27.4M	$179.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.50	+0.022%	$7.6M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.29	−0.007%	$6.0M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.96	−0.051%	$349K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.27	−0.009%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	740.24	−0.013%	$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_Perp	0.0000%	8h	739.89	−0.061%	$12K	$459K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.87	+0.072%	$842	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.98	−0.049%	$30K	$246K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	740.34	long leg	$105K	$295K	30x
Phemex METAUSDT	0.0000%	4h	740.59	+0.034%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	740.57	+0.031%	$751K	$3.2M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.45	+0.015%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.36	+0.003%	$178K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.17	−0.023%	$558K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.32	−0.003%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.60	−0.100%	$673K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	740.17	−0.023%	$2.2M	$14.2M	10x	as long as short
Paradex META-USD-PERP	+0.0062%	8h	740.30	−0.006%	—	—	5x	as long as short
Arcus META-USD	+0.0063%	1h	739.75	−0.080%	$110K	$331K	10x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.44	+0.014%	$48K	$80K	10x	as long as short
Hotstuff META-PERP	+0.0072%	1h	740.13	−0.028%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.21	−0.018%	$1.6M	$443K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.64	−0.095%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.28	−0.008%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.12	−0.029%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	739.50	−0.113%	$615K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0167%	1h	740.35	+0.001%	$67.7M	$121.7M	20x	as long as short
Lighter META	+0.0216%	1h	740.54	+0.027%	$852K	$2.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.54	+0.162%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	740.56	+0.030%	$304K	$930K	20x	as long as short
edgeX METAUSDC	+0.0499%	4h	739.60	−0.100%	$62K	$334K	10x	as long as short