META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against KuCoin−0.059%7-day average +0.018% · 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−$129as in the Price arb table

costs, in and out, $10k−$1211.214% of the position

Long on KuCoin Short on HTX

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)+0.448%+$45 · spread now −0.059%, 7d avg +0.018%

Together, before fees+0.238%+$24 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 HTX is 0.078% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	743.45	0.0100	pay 0.0100% / 8h	5h 02m	$1.6M	$528K	20x
Short	HTX META-USDT	743.01	0	get 0.0000% / 8h	5h 02m	$106K	$296K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$21
Price spread: −0.059% → +0.018%: −$7.75
Slippage, 4 orders: −$97.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$150.11
Costs to cover: 1.214%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; HTX: live order book, 60 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	4.04 bp	49.4 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 60 min ago	2.70 bp	8.7 bp −$9	11.9 bp −$119	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	742.81	−0.086%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0031%	1h	743.19	−0.036%	$480K	$550K	20x	as long as short
Deribit META_USDC-PERPETUAL	−0.0019%	1h	743.14	−0.042%	$31K	$245K	10x	as long as short
Aster METAUSDT	0.0000%	8h	743.23	−0.030%	$467K	$550K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.27	−0.024%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.58	+0.017%	$27.5M	$179.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.47	+0.003%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.49	+0.005%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.03	−0.056%	$362K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.41	−0.005%	$5.5M	$11.6M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	742.77	−0.091%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.91	−0.073%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.30	−0.020%	$1K	$9.1M	20x	as long as short
HTX META-USDTshort	0.0000%	8h	743.01	−0.059%	$106K	$296K	30x
Phemex METAUSDT	0.0000%	4h	743.32	−0.017%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.72	+0.036%	$769K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	743.04	−0.055%	$2.1M	$13.6M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.37	−0.145%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.65	+0.027%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.33	−0.016%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.16	−0.039%	$560K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.32	−0.017%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.45	−0.135%	$721K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0064%	8h	743.36	−0.012%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	743.17	−0.038%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	743.22	−0.031%	$620K	$7.2M	10x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	743.45	long leg	$1.6M	$528K	20x
ApeX Omni METAUSDT	+0.0100%	1h	742.51	−0.126%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.48	+0.004%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.32	−0.018%	$268	—	10x	as long as short
edgeX METAUSDC	+0.0188%	4h	742.88	−0.077%	$62K	$337K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.07	−0.186%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0232%	1h	743.39	−0.008%	$33K	$105	20x	as long as short
Lighter META	+0.0256%	1h	743.71	+0.035%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0327%	1h	743.35	−0.013%	$69.4M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	743.64	+0.026%	$596K	$1.1M	20x	as long as short