META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against HTX−0.030%59s7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.348% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.170%−$17 on $10k

Price spread, last 3 days (all we have)+0.075%+$8 · spread now −0.030%, 7d avg +0.032%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.061% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.032%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	743.29	0	get 0.0000% / 8h	47m 25s	$107K	$285K	30x
Short	BloFin META-USDT	743.07	−0.0120	pay 0.0120% / 8h	47m 25s	$281K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$25.2
Price spread: −0.030% → +0.032%: −$6.13
Slippage, 4 orders: −$10.79
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$66.11
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from HTX: live order book, 30 min ago; BloFin: live order book, 5 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, 30 min ago	2.70 bp	11.8 bp −$12	19.3 bp −$193	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.54 bp	7.0 bp −$7	10.6 bp −$106	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-USDTshort	−0.0120%	8h	743.07	−0.030%	$281K	$1.1M	20x
Nado META-PERP	−0.0071%	1h	743.53	+0.032%	$392K	$329K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.22	−0.010%	$459K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.44	+0.020%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.64	+0.047%	$27.4M	$179.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.71	+0.057%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.82	+0.071%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.16	−0.017%	$345K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.58	+0.039%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	742.97	−0.043%	$2.3M	$3.2M	—	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	743.15	−0.019%	$13K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.19	−0.013%	$899	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.30	+0.001%	$30K	$257K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	743.29	long leg	$107K	$285K	30x
Phemex METAUSDT	0.0000%	4h	743.26	−0.004%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0027%	1h	743.48	+0.026%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	743.98	+0.093%	$760K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.23	−0.008%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.98	+0.093%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.68	+0.052%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.71	+0.057%	$543K	$841K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.36	+0.009%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.17	−0.016%	$782K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	743.63	+0.046%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0061%	1h	743.55	+0.035%	$52K	$72K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	743.28	−0.001%	$610K	$7.4M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.40	+0.015%	$1.6M	$377K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.72	−0.077%	$166K	$74K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.54	+0.034%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.33	+0.005%	$268	—	10x	as long as short
Hotstuff META-PERP	+0.0128%	1h	743.79	+0.067%	$33K	$105	20x	as long as short
Phoenix META	+0.0129%	1h	743.34	+0.007%	$292K	$797K	20x	as long as short
Lighter META	+0.0152%	1h	743.89	+0.081%	$865K	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0212%	1h	743.79	+0.067%	$67.6M	$122.3M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.73	−0.075%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0897%	4h	743.03	−0.035%	$62K	$332K	10x	as long as short