Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h —

Price spread now: Vest against Paradex+0.050%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Vest

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

The price spread pays, funding is against you. Vest is 0.050% dearer against Paradex than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex META-USD-PERP	747.31	0.0056	pay 0.0056% / 8h	11m 59s	—	—	5x
Short	Vest META-USD-PERP	747.68	0.0046	get 0.0006% / 1h	11m 59s	—	$12K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Paradex. 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 ParadexbpFee VestbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$2.17
Price spread: +0.050% → 0.000%: $4.98
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: −$3.19
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex and 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	747.65	+0.046%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.96	−0.046%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	747.19	−0.015%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	747.43	+0.016%	$25.4M	$189.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	747.39	+0.011%	$7.5M	$15.4M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	747.44	+0.018%	$6.0M	$12.8M	20x	as long as short
Gate META_USDT	0.0000%	8h	747.02	−0.038%	$475K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	747.37	+0.008%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	746.46	−0.114%	$2.5M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.41	+0.014%	$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	747.42	+0.015%	$981	$8.0M	20x	as long as short
HTX META-USDT	0.0000%	8h	747.21	−0.013%	$108K	$312K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.47	+0.022%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0019%	1h	746.79	−0.069%	$482K	$560K	20x	as long as short
QFEX META-USD	+0.0031%	1h	747.32	+0.002%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0040%	1h	747.72	+0.055%	$798K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	747.05	−0.034%	$112K	$338K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	747.68	+0.050%	—	$12K	25x
Polymarket Perps META-USD	+0.0050%	1h	747.03	−0.037%	$568K	$625K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.37	+0.008%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	747.23	−0.010%	$735K	$5.1M	10x	as long as short
Paradex META-USD-PERPlong	+0.0056%	8h	747.31	long leg	—	—	5x
Deribit META_USDC-PERPETUAL	+0.0071%	1h	747.07	−0.032%	$34K	$276K	10x	as long as short
Popdex METAUSDT	+0.0072%	1h	747.41	+0.014%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.86	+0.074%	$48K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	747.50	+0.025%	$37	$368	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	747.12	−0.025%	$1.6M	$724K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.69	−0.083%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	747.29	−0.002%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	747.37	+0.008%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	747.19	−0.016%	$644K	$8.0M	10x	as long as short
edgeX METAUSDC	+0.0185%	4h	747.20	−0.014%	$62K	$346K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.10	+0.106%	$177K	$51K	30x	as long as short
Lighter META	+0.0448%	1h	747.85	+0.073%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0488%	1h	747.75	+0.059%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0573%	1h	747.73	+0.057%	$83.5M	$131.6M	20x	as long as short
Phoenix META	+0.0750%	1h	748.05	+0.099%	$799K	$1.5M	20x	as long as short