Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX+0.059%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.059% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX META-USDT744.520get 0.0000% / 8h7h 55m$108K$312K30x
ShortOrderly PERP_META_USDC_mythos744.960.0100get 0.0100% / 8h7h 55m$1K$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$21
Price spread: +0.059% → 0.000%
$5.91
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.91
Costs to cover
0.180%
Break-even
4.0 days
Slippage unknown: HTX: live order book, 42 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 42 min ago12.68 bp19.0 bp −$1924.5 bp −$245doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h744.39−0.017%$335K$1.1M20xas long as short
Nado META-PERP−0.0041%1h744.12−0.054%$480K$561K20xas long as short
Aster METAUSDT0.0000%8h745.24+0.096%$483K$597K20xas long as short
Extended META_24_5-USD0.0000%1h744.45−0.009%$547K$3.4M17xas long as short
Binance METAUSDT0.0000%8h745.05+0.071%$25.6M$190.2M20xas long as short
Bybit METAUSDT0.0000%8h744.97+0.060%$7.5M$15.4M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.00+0.064%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.520.000%$472K$6.2M100xas long as short
Bitget METAUSDT0.0000%8h744.77+0.034%$5.7M$12.4M100xas long as short
Variational Omni META0.0000%8h744.33−0.026%$2.5M$3.2Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h745.59+0.144%$12K$438K10xas long as short
SunX META-USDT0.0000%8h744.63+0.015%$885$8.0M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.27−0.034%$53K$291K10xas long as short
HTX META-USDTlong0.0000%8h744.52long leg$108K$312K30x
Phemex METAUSDT0.0000%4h745.46+0.126%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h745.12+0.081%$794K$2.9M20xas long as short
QFEX META-USD+0.0036%1h744.49−0.004%$2.2M$14.1M10xas long as short
Arcus META-USD+0.0040%1h744.09−0.058%$112K$337K10xas long as short
Vest META-USD-PERP+0.0046%1h745.00+0.064%$12K25xas long as short
Popdex METAUSDT+0.0048%1h744.38−0.019%$177K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h743.98−0.073%$566K$619K10xas long as short
SoDEX META-USD+0.0050%1h744.48−0.005%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h743.96−0.075%$714K$5.1M10xas long as short
Paradex META-USD-PERP+0.0057%8h744.20−0.042%5xas long as short
Aftermath Perps METAUSD+0.0087%1h745.40+0.118%$49K$90K10xas long as short
Pacifica META+0.0100%1h744.53+0.001%$631$1K10xas long as short
KuCoin METAUSDTM+0.0100%8h745.04+0.070%$1.6M$739K20xas long as short
ApeX Omni METAUSDT+0.0100%1h745.02+0.067%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythosshort+0.0100%8h744.96+0.059%$1K$2410x
Aevo META-PERP+0.0104%1h744.92+0.054%$26810xas long as short
Coinbase International META-PERP-INTX+0.0120%1h744.44−0.011%$652K$8.0M10xas long as short
Injective META/USDC PERP+0.0220%1h746.31+0.240%$176K$52K30xas long as short
Lighter META+0.0248%1h745.26+0.099%$1.2M$2.9M20xas long as short
tradeXYZ xyz:META+0.0333%1h745.09+0.077%$84.4M$133.2M20xas long as short
Hotstuff META-PERP+0.0552%1h745.43+0.122%$33K$10520xas long as short
Phoenix META+0.0750%1h745.87+0.181%$796K$1.5M20xas long as short
edgeX METAUSDC+0.0993%4h745.47+0.127%$62K$344K10xas long as short