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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against SunX+0.016%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX META-USDT739.790get 0.0000% / 8h7h 54m$849$9.4M20x
ShortSoDEX META-USD739.910.0050get 0.0006% / 1h54m 08s$24K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against SunX. 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
$10.5
Price spread: +0.016% → 0.000%
$1.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$3.88
Costs to cover
0.160%
Break-even
9.6 days
Slippage unknown: SunX: live order book, 5 min ago; SoDEX: 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 SunX live order book, 5 min ago28.40 bp32.4 bp −$3261.5 bp −$615doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%8h740.04+0.034%$327K$1.1M20xas long as short
Aster METAUSDT0.0000%8h740.53+0.100%$461K$545K20xas long as short
Extended META_24_5-USD0.0000%1h739.71−0.011%$549K$1.6M17xas long as short
Binance METAUSDT0.0000%8h740.00+0.028%$27.4M$179.1M20xas long as short
Bybit METAUSDT0.0000%8h740.07+0.038%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h739.85+0.008%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h739.64−0.020%$357K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h739.85+0.008%$5.6M$11.1M100xas long as short
Variational Omni META0.0000%8h740.51+0.097%$2.3M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h740.74+0.128%$12K$484K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDTlong0.0000%8h739.79long leg$849$9.4M20x
HTX META-USDT0.0000%8h739.51−0.038%$106K$285K30xas long as short
Phemex METAUSDT0.0000%4h740.81+0.138%$2.0M$7K10xas long as short
Nado META-PERP+0.0014%1h739.44−0.047%$384K$334K20xas long as short
Lighter RH META+0.0032%1h740.18+0.053%$758K$3.1M20xas long as short
Ondo Perps META-USD.P+0.0036%1h739.05−0.100%$746K$4.3M10xas long as short
Vest META-USD-PERP+0.0046%1h740.11+0.043%$11K25xas long as short
Popdex METAUSDT+0.0048%1h739.86+0.009%$178K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.56−0.031%$557K$857K10xas long as short
SoDEX META-USDshort+0.0050%1h739.91+0.016%$24K$3K10x
QFEX META-USD+0.0055%1h739.73−0.008%$2.2M$14.2M10xas long as short
Arcus META-USD+0.0063%1h740.26+0.064%$110K$331K10xas long as short
Paradex META-USD-PERP+0.0072%8h739.40−0.053%5xas long as short
Aftermath Perps METAUSD+0.0072%1h740.18+0.053%$49K$77K10xas long as short
KuCoin METAUSDTM+0.0100%8h740.01+0.030%$1.6M$410K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.19+0.054%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h739.95+0.022%$1K$2410xas long as short
Deribit META_USDC-PERPETUAL+0.0102%1h739.63−0.022%$30K$253K10xas long as short
Aevo META-PERP+0.0104%1h739.72−0.009%$26610xas long as short
tradeXYZ xyz:META+0.0120%1h739.68−0.015%$67.6M$121.2M20xas long as short
Phoenix META+0.0129%1h740.67+0.119%$291K$930K20xas long as short
Coinbase International META-PERP-INTX+0.0144%1h740.11+0.043%$602K$7.3M10xas long as short
Injective META/USDC PERP+0.0220%1h740.31+0.070%$168K$46K30xas long as short
Lighter META+0.0248%1h740.28+0.066%$856K$2.4M20xas long as short
Hotstuff META-PERP+0.0328%1h740.08+0.039%$33K$10520xas long as short
edgeX METAUSDC+0.0751%4h740.87+0.145%$62K$332K10xas long as short