META

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: Aster against KuCoin−0.015%7-day average +0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$257as in the Funding arb table

Net, price: spread back to 7d avg − costs−$247as in the Price arb table

costs, in and out, $10k−$2362.363% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.195%−$20 · spread now −0.015%, 7d avg +0.095%

Together, before fees−0.405%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.095%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	744.91	0.0100	pay 0.0100% / 8h	7h 01m	$1.6M	$796K	20x
Short	Aster METAUSDT	744.80	0	get 0.0000% / 8h	7h 01m	$490K	$623K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$21
Price spread: −0.015% → +0.095%: −$11
Slippage, 4 orders: −$216.34
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$268.34
Costs to cover: 2.363%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 31 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 KuCoin live order book, 4 min ago	3.62 bp	117.5 bp −$118	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 31 min ago	13.36 bp	31.8 bp −$32	67.2 bp −$672	doesn't fit	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	745.21	+0.040%	$334K	$1.1M	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	744.80	−0.015%	$490K	$623K	20x
Extended META_24_5-USD	0.0000%	1h	744.51	−0.054%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.79	−0.016%	$25.9M	$191.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.08	+0.023%	$7.7M	$15.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.88	−0.004%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.69	−0.030%	$442K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.79	−0.016%	$5.7M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	744.88	−0.004%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.10	+0.025%	$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	745.26	+0.047%	$1K	$7.6M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.81	−0.013%	$36K	$271K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.97	+0.008%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.11	+0.027%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0009%	1h	744.78	−0.018%	$479K	$559K	20x	as long as short
Lighter RH META	+0.0032%	1h	745.31	+0.054%	$790K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	745.08	+0.023%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.78	−0.017%	$111K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.44	+0.071%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.20	+0.039%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.84	−0.009%	$566K	$618K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.19	+0.038%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.28	−0.085%	$719K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0059%	8h	745.08	+0.023%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0076%	1h	745.52	+0.082%	$51K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	744.43	−0.064%	$612	$2K	10x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	744.91	long leg	$1.6M	$796K	20x
ApeX Omni METAUSDT	+0.0100%	1h	744.32	−0.079%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.19	+0.038%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.94	+0.004%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	744.19	−0.097%	$642K	$8.0M	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	745.27	+0.048%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.78	−0.017%	$176K	$52K	30x	as long as short
Lighter META	+0.0296%	1h	745.49	+0.078%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0301%	1h	745.17	+0.035%	$86.1M	$134.5M	20x	as long as short
edgeX METAUSDC	+0.0510%	4h	745.00	+0.012%	$63K	$348K	10x	as long as short
Phoenix META	+0.0791%	1h	746.00	+0.146%	$796K	$1.5M	20x	as long as short