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 +0.031%

Price spread now: Binance against HTX+0.036%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.036%, 7d avg +0.031%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	745.26	0	get 0.0000% / 8h	41m 13s	$108K	$311K	30x
Short	Binance METAUSDT	745.53	0	get 0.0000% / 8h	41m 13s	$25.1M	$188.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → +0.031%: $0.54
Slippage, 4 orders: −$9.32
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.78
Costs to cover: 0.313%
Break-even: never at this rate

Slippage from HTX: live order book, 61 min ago; Binance: live order book, 2 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, 61 min ago	2.68 bp	11.3 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.20 bp	5.3 bp −$5	9.9 bp −$99	38.0 bp −$3,803	doesn't fit

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	745.44	+0.024%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.26	0.000%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.33	+0.009%	$548K	$3.4M	17x	as long as short
Binance METAUSDTshort	0.0000%	8h	745.53	+0.036%	$25.1M	$188.5M	20x
Bybit METAUSDT	0.0000%	8h	745.27	+0.001%	$7.5M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.59	+0.044%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.14	−0.016%	$466K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.49	+0.031%	$5.5M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	744.45	−0.109%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	744.63	−0.085%	$12K	$438K	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	745.50	+0.032%	$1K	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.08	−0.024%	$34K	$275K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	745.26	long leg	$108K	$311K	30x
Phemex METAUSDT	0.0000%	4h	745.33	+0.009%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	745.55	+0.039%	$2.2M	$13.9M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.52	+0.035%	$789K	$3.1M	20x	as long as short
Nado META-PERP	+0.0037%	1h	745.20	−0.008%	$480K	$560K	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.70	−0.075%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.91	+0.087%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.33	+0.009%	$565K	$621K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.50	+0.032%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.22	−0.005%	$729K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	745.55	+0.038%	—	—	5x	as long as short
Popdex METAUSDT	+0.0064%	1h	745.52	+0.035%	$177K	$203K	20x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.60	+0.046%	$47K	$88K	10x	as long as short
Pacifica META	+0.0100%	1h	744.97	−0.039%	$13	$106	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.08	−0.024%	$1.6M	$715K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.98	−0.172%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.32	+0.008%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.19	−0.010%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	745.36	+0.013%	$644K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.51	+0.168%	$172K	$46K	30x	as long as short
Hotstuff META-PERP	+0.0424%	1h	745.94	+0.091%	$33K	$105	20x	as long as short
Lighter META	+0.0472%	1h	745.94	+0.091%	$1.1M	$2.9M	20x	as long as short
edgeX METAUSDC	+0.0495%	4h	744.81	−0.061%	$62K	$343K	10x	as long as short
tradeXYZ xyz:META	+0.0543%	1h	745.95	+0.093%	$81.0M	$129.7M	20x	as long as short
Phoenix META	+0.0750%	1h	746.26	+0.134%	$797K	$1.5M	20x	as long as short