Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.046% dearer against KuCoin than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	746.81	0.0100	pay 0.0100% / 8h	5m 20s	$1.6M	$729K	20x
Short	Vest META-USD-PERP	747.15	0.0046	get 0.0006% / 1h	5m 20s	—	$12K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$11.41
Price spread: +0.046% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$20.85
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 11 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 11 min ago	5.02 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	746.67	−0.019%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.56	−0.034%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.41	−0.054%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.48	−0.044%	$25.4M	$189.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	746.81	0.000%	$7.5M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.58	−0.031%	$6.0M	$12.8M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.28	−0.071%	$473K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	746.53	−0.037%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	746.51	−0.040%	$2.5M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.79	−0.003%	$12K	$439K	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	746.54	−0.036%	$929	$8.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.23	−0.078%	$34K	$276K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.45	−0.048%	$108K	$311K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.25	+0.059%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0015%	1h	746.03	−0.105%	$481K	$560K	20x	as long as short
QFEX META-USD	+0.0031%	1h	746.43	−0.051%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0040%	1h	746.88	+0.009%	$797K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	746.51	−0.040%	$112K	$338K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	747.15	+0.046%	—	$12K	25x
Polymarket Perps META-USD	+0.0050%	1h	746.21	−0.080%	$567K	$621K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	746.55	−0.035%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.93	−0.118%	$734K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	746.52	−0.038%	—	—	5x	as long as short
Popdex METAUSDT	+0.0072%	1h	746.59	−0.029%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.44	+0.085%	$49K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	746.75	−0.008%	$633	$1K	10x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	746.81	long leg	$1.6M	$729K	20x
ApeX Omni METAUSDT	+0.0100%	1h	746.01	−0.107%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.67	−0.019%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	746.47	−0.045%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	746.79	−0.003%	$651K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.54	+0.366%	$177K	$51K	30x	as long as short
Lighter META	+0.0448%	1h	747.10	+0.039%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	747.00	+0.025%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0471%	4h	746.62	−0.025%	$62K	$345K	10x	as long as short
tradeXYZ xyz:META	+0.0564%	1h	747.02	+0.028%	$83.7M	$131.7M	20x	as long as short
Phoenix META	+0.0750%	1h	747.82	+0.135%	$798K	$1.5M	20x	as long as short