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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Aevo against Popdex−0.008%7-day average · you buy dearer than you sell
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 4 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
LongPopdex METAUSDT743.240.0112pay 0.0014% / 1h35m 20s$178K$200K20x
ShortAevo META-PERP743.180.0104get 0.0013% / 1h35m 20s$26810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Popdex. 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
−$1.68
Price spread: −0.008% → 0.000%
−$0.75
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$24.83
Costs to cover
0.224%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 13 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 13 min ago0.40 bp3.6 bp −$46.3 bp −$63doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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%8h743.30+0.008%$332K$1.1M20xas long as short
Aster METAUSDT0.0000%8h743.26+0.003%$490K$589K20xas long as short
Extended META_24_5-USD0.0000%1h743.09−0.020%$544K$2.7M17xas long as short
Binance METAUSDT0.0000%8h743.240.000%$28.0M$181.4M20xas long as short
Bybit METAUSDT0.0000%8h743.08−0.022%$7.4M$14.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h743.19−0.007%$6.0M$12.4M20xas long as short
Gate META_USDT0.0000%8h742.82−0.057%$431K$5.9M100xas long as short
Bitget METAUSDT0.0000%8h743.33+0.012%$5.6M$12.1M100xas long as short
Variational Omni META0.0000%8h742.87−0.050%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h742.75−0.066%$12K$445K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h743.31+0.009%$1K$8.4M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h742.84−0.054%$33K$262K10xas long as short
HTX META-USDT0.0000%8h743.33+0.012%$106K$305K30xas long as short
Phemex METAUSDT0.0000%4h743.11−0.017%$2.0M$8K10xas long as short
Lighter RH META+0.0040%1h743.46+0.030%$768K$2.9M20xas long as short
Arcus META-USD+0.0040%1h742.65−0.079%$110K$331K10xas long as short
Vest META-USD-PERP+0.0046%1h743.42+0.024%$11K25xas long as short
QFEX META-USD+0.0046%1h743.28+0.005%$2.2M$13.8M10xas long as short
edgeX METAUSDC+0.0048%4h742.66−0.077%$62K$339K10xas long as short
Polymarket Perps META-USD+0.0050%1h742.94−0.040%$585K$564K10xas long as short
SoDEX META-USD+0.0050%1h743.11−0.017%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h742.40−0.113%$803K$4.6M10xas long as short
Nado META-PERP+0.0057%1h742.98−0.035%$480K$557K20xas long as short
Paradex META-USD-PERP+0.0082%8h743.20−0.005%5xas long as short
Aftermath Perps METAUSD+0.0087%1h743.59+0.047%$51K$81K10xas long as short
KuCoin METAUSDTM+0.0100%8h743.44+0.027%$1.6M$640K20xas long as short
ApeX Omni METAUSDT+0.0100%1h742.04−0.161%$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h743.28+0.005%$1K$2410xas long as short
Aevo META-PERPshort+0.0104%1h743.18−0.008%$26810x
Popdex METAUSDTlong+0.0112%1h743.24long leg$178K$200K20x
Coinbase International META-PERP-INTX+0.0128%1h742.75−0.066%$676K$7.7M10xas long as short
Injective META/USDC PERP+0.0220%1h747.88+0.624%$172K$46K30xas long as short
Lighter META+0.0360%1h743.48+0.032%$1.0M$2.6M20xas long as short
Hotstuff META-PERP+0.0392%1h743.49+0.034%$33K$10520xas long as short
tradeXYZ xyz:META+0.0486%1h743.55+0.042%$74.1M$124.3M20xas long as short
Phoenix META+0.0685%1h743.37+0.017%$794K$1.4M20xas long as short