Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

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 −0.022%

Price spread now: Bitget against Variational Omni+0.003%7-day average +0.005% · you sell dearer than you buy

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.003%, 7d avg +0.005%

Together, before fees−0.027%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni META	741.71	0	get 0.0000% / 8h	5h 15m	$2.4M	$3.1M	—
Short	Bitget METAUSDT	741.73	0	get 0.0000% / 8h	5h 15m	$5.5M	$11.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → +0.005%: −$0.27
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$12.27
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 3 min ago. 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 Variational Omni RFQ quote, 3 min ago	2.74 bp	doesn't fit	26.3 bp −$263	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.54 bp	11.6 bp −$12	17.4 bp −$174	28.1 bp −$2,807	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	741.69	−0.003%	$331K	$1.1M	20x	as long as short
Nado META-PERP	−0.0016%	1h	741.48	−0.031%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.85	+0.019%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.49	−0.029%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.73	+0.003%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.68	−0.004%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.77	+0.008%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.44	−0.036%	$346K	$5.6M	100x	as long as short
Bitget METAUSDTshort	0.0000%	8h	741.73	+0.003%	$5.5M	$11.5M	100x
Variational Omni METAlong	0.0000%	8h	741.71	long leg	$2.4M	$3.1M	—

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	742.00	+0.039%	$12K	$433K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.91	+0.027%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.98	−0.098%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.69	−0.003%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.09	+0.051%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.90	+0.026%	$764K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.64	−0.009%	$2.1M	$13.6M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.42	−0.039%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	741.90	+0.026%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.84	+0.017%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.52	−0.026%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.78	+0.009%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.39	−0.043%	$720K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0068%	8h	741.67	−0.006%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0079%	1h	742.41	+0.095%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.49	−0.030%	$611K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.90	+0.026%	$1.6M	$524K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.23	−0.065%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.81	+0.013%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.65	−0.008%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.26	−0.061%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0264%	1h	741.86	+0.020%	$33K	$105	20x	as long as short
Lighter META	+0.0272%	1h	741.91	+0.027%	$861K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0348%	1h	741.79	+0.011%	$69.2M	$120.1M	20x	as long as short
Phoenix META	+0.0496%	1h	742.73	+0.137%	$565K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0754%	4h	741.80	+0.013%	$62K	$337K	10x	as long as short