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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Orderly+0.004%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_META_USDC_mythos745.520.0100pay 0.0100% / 8h1h 47m$1K$2410x
ShortKuCoin METAUSDTM745.550.0100get 0.0100% / 8h1h 47m$1.6M$667K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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
$0
Price spread: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.6
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 8 min ago. 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 Orderly no order-book sample
Sell KuCoin live order book, 8 min ago3.82 bp50.1 bp −$50doesn't fitdoesn't fitdoesn't fit
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 36 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%8h746.00+0.064%$334K$1.1M20xas long as short
Nado META-PERP−0.0036%1h745.26−0.035%$482K$559K20xas long as short
Aster METAUSDT0.0000%8h745.35−0.022%$479K$593K20xas long as short
Extended META_24_5-USD0.0000%1h745.26−0.035%$552K$2.6M17xas long as short
Binance METAUSDT0.0000%8h745.43−0.012%$26.6M$187.5M20xas long as short
Bybit METAUSDT0.0000%8h745.39−0.017%$7.3M$15.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.66+0.019%$6.1M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.90−0.083%$435K$6.0M100xas long as short
Bitget METAUSDT0.0000%8h745.53+0.001%$5.5M$12.2M100xas long as short
Variational Omni META0.0000%8h745.83+0.041%$2.4M$3.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h746.06+0.072%$12K$438K10xas long as short
SunX META-USDT0.0000%8h745.36−0.021%$700$8.3M20xas long as short
HTX META-USDT0.0000%8h745.24−0.038%$106K$307K30xas long as short
Phemex METAUSDT0.0000%4h745.95+0.058%$2.0M$8K10xas long as short
edgeX METAUSDC+0.0003%4h745.95+0.058%$62K$343K10xas long as short
QFEX META-USD+0.0031%1h745.61+0.012%$2.2M$13.9M10xas long as short
Lighter RH META+0.0032%1h745.66+0.019%$787K$2.9M20xas long as short
Arcus META-USD+0.0040%1h745.44−0.011%$110K$333K10xas long as short
Vest META-USD-PERP+0.0046%1h745.92+0.054%$12K25xas long as short
Popdex METAUSDT+0.0048%1h745.67+0.020%$177K$202K20xas long as short
Polymarket Perps META-USD+0.0050%1h745.13−0.052%$586K$564K10xas long as short
SoDEX META-USD+0.0050%1h745.51−0.001%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h745.03−0.066%$720K$5.2M10xas long as short
Paradex META-USD-PERP+0.0065%8h745.67+0.020%5xas long as short
Aftermath Perps METAUSD+0.0084%1h746.39+0.116%$52K$81K10xas long as short
Deribit META_USDC-PERPETUAL+0.0086%1h745.13−0.052%$34K$270K10xas long as short
KuCoin METAUSDTMshort+0.0100%8h745.55+0.004%$1.6M$667K20x
ApeX Omni METAUSDT+0.0100%1h745.61+0.012%$167K$72K50xas long as short
Orderly PERP_META_USDC_mythoslong+0.0100%8h745.52long leg$1K$2410x
Aevo META-PERP+0.0104%1h745.27−0.033%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h745.43−0.012%$650K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h753.11+1.018%$174K$46K30xas long as short
Lighter META+0.0384%1h745.78+0.035%$1.1M$2.7M20xas long as short
Hotstuff META-PERP+0.0448%1h746.32+0.107%$33K$10520xas long as short
tradeXYZ xyz:META+0.0566%1h745.82+0.040%$76.8M$126.9M20xas long as short
Phoenix META+0.0739%1h747.27+0.235%$798K$1.5M20xas long as short