META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%

Price spread now: KuCoin against OKX−0.065%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.065%, 7d avg −0.060%

Together, before fees+0.277%+$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX META-USDT-SWAP	743.91	0	get 0.0000% / 8h	45m 37s	$6.0M	$13.2M	20x
Short	KuCoin METAUSDTM	743.43	0.0100	get 0.0100% / 8h	45m 37s	$1.6M	$378K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.065%Rate

Funding earned: $21
Price spread: −0.065% → −0.060%: −$0.41
Slippage, 4 orders: −$55
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$56.41
Costs to cover: 0.770%
Break-even: 25.8 days

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, just now.

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 OKX live order book, 3 min ago	0.20 bp	9.7 bp −$10	18.7 bp −$187	doesn't fit	doesn't fit
Sell KuCoin live order book, just now	2.42 bp	25.6 bp −$26	doesn't fit	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	743.67	−0.032%	$281K	$1.1M	20x	as long as short
Nado META-PERP	−0.0077%	1h	743.54	−0.050%	$392K	$329K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.28	−0.085%	$459K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.64	−0.037%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.77	−0.019%	$27.4M	$179.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.68	−0.031%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAPlong	0.0000%	8h	743.91	long leg	$6.0M	$13.2M	20x
Gate META_USDT	0.0000%	8h	743.39	−0.070%	$345K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.71	−0.027%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	742.97	−0.126%	$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	−0.103%	$13K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.58	−0.044%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.52	−0.052%	$30K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.49	−0.056%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.39	−0.070%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0027%	1h	743.53	−0.051%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	744.05	+0.019%	$760K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.31	−0.081%	$110K	$481K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.11	+0.027%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.73	−0.024%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.70	−0.028%	$543K	$841K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.70	−0.028%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.33	−0.078%	$780K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	743.69	−0.029%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0061%	1h	743.69	−0.029%	$52K	$72K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	743.28	−0.085%	$610K	$7.4M	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	743.43	−0.065%	$1.6M	$378K	20x
ApeX Omni METAUSDT	+0.0100%	1h	742.72	−0.160%	$166K	$74K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.63	−0.038%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.49	−0.057%	$268	—	10x	as long as short
Hotstuff META-PERP	+0.0120%	1h	743.88	−0.004%	$33K	$105	20x	as long as short
Lighter META	+0.0128%	1h	744.06	+0.020%	$865K	$2.6M	20x	as long as short
Phoenix META	+0.0129%	1h	743.34	−0.077%	$292K	$797K	20x	as long as short
tradeXYZ xyz:META	+0.0205%	1h	743.94	+0.004%	$67.6M	$122.3M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.73	−0.159%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0897%	4h	743.03	−0.119%	$62K	$332K	10x	as long as short