META

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Variational Omni+0.076%7-day average −0.059% · you sell dearer than you buy

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.082%+$8 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.076%, 7d avg −0.059%

Together, before fees−0.112%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.135% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni META	744.66	0	get 0.0000% / 8h	6h 58m	$2.5M	$3.0M	—
Short	KuCoin METAUSDTM	745.22	0.0100	get 0.0100% / 8h	6h 58m	$1.6M	$799K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.076%Rate

Funding earned: $21
Price spread: +0.076% → −0.059%: $13.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $22.48
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; KuCoin: live order book, 7 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, 1 min ago	2.45 bp	doesn't fit	26.7 bp −$267	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	3.62 bp	23.4 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	745.69	+0.139%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.03	+0.050%	$490K	$623K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.42	+0.103%	$546K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.31	+0.088%	$25.9M	$191.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.61	+0.128%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.47	+0.109%	$6.1M	$13.0M	20x	as long as short
Gate META_USDT	0.0000%	8h	745.06	+0.054%	$447K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.38	+0.097%	$5.7M	$12.2M	100x	as long as short
Variational Omni METAlong	0.0000%	8h	744.66	long leg	$2.5M	$3.0M	—
GRVT META_USDT_Perp	0.0000%	8h	744.78	+0.017%	$12K	$438K	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	745.72	+0.143%	$828	$7.6M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	745.38	+0.097%	$36K	$269K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.69	+0.139%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.59	+0.125%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.56	+0.121%	$809K	$2.8M	20x	as long as short
Arcus META-USD	+0.0040%	1h	745.09	+0.058%	$111K	$324K	10x	as long as short
QFEX META-USD	+0.0041%	1h	745.58	+0.124%	$2.2M	$14.1M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.74	+0.145%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.41	+0.101%	$179K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	745.39	+0.098%	$567K	$614K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.84	+0.025%	$719K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0064%	8h	745.31	+0.088%	—	—	5x	as long as short
SoDEX META-USD	+0.0077%	1h	745.45	+0.106%	$25K	$3K	10x	as long as short
Aftermath Perps METAUSD	+0.0077%	1h	745.87	+0.163%	$51K	$91K	10x	as long as short
Nado META-PERP	+0.0082%	1h	744.94	+0.038%	$479K	$559K	20x	as long as short
edgeX METAUSDC	+0.0085%	4h	744.62	−0.005%	$63K	$349K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	744.09	−0.076%	$640K	$7.8M	10x	as long as short
Pacifica META	+0.0100%	1h	745.52	+0.116%	$608	$2K	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	745.22	+0.076%	$1.6M	$799K	20x
ApeX Omni METAUSDT	+0.0100%	1h	743.70	−0.129%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.38	+0.097%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.45	+0.106%	$268	—	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	745.81	+0.155%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.33	+0.225%	$176K	$52K	30x	as long as short
Lighter META	+0.0288%	1h	745.67	+0.136%	$1.2M	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0292%	1h	745.52	+0.116%	$86.3M	$134.7M	20x	as long as short
Phoenix META	+0.0791%	1h	745.86	+0.162%	$796K	$1.5M	20x	as long as short