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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.002%
Price spread now: Orderly against Variational Omni+0.011%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni META740.630get 0.0000% / 8h1h 33m$1.6M$2.6M
ShortOrderly PERP_META_USDC_mythos740.710.0100get 0.0100% / 8h1h 33m$1K$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$21
Price spread: +0.011% → 0.000%
$1.08
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$16.08
Costs to cover
0.060%
Break-even
1.6 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Orderly: 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 Variational Omni RFQ quote, 1 min ago2.46 bpdoesn't fit14.7 bp −$147doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%8h740.52−0.015%$328K$1.1M20xas long as short
Nado META-PERP−0.0072%1h740.74+0.015%$395K$317K20xas long as short
Deribit META_USDC-PERPETUAL−0.0020%1h740.52−0.015%$30K$256K10xas long as short
Aster METAUSDT0.0000%8h741.36+0.098%$458K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.53−0.013%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.630.000%$26.9M$177.9M20xas long as short
Bybit METAUSDT0.0000%8h740.61−0.003%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.65+0.003%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h740.17−0.062%$329K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.70+0.009%$5.8M$11.0M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni METAlong0.0000%8h740.63long leg$1.6M$2.6M
GRVT META_USDT_Perp0.0000%8h740.39−0.033%$12K$506K10xas long as short
SunX META-USDT0.0000%8h740.79+0.022%$666$9.5M20xas long as short
HTX META-USDT0.0000%8h740.25−0.051%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.53−0.013%$2.0M$7K10xas long as short
QFEX META-USD+0.0003%1h740.68+0.007%$2.2M$14.3M10xas long as short
Lighter RH META+0.0032%1h740.95+0.043%$744K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.18−0.061%$110K$481K10xas long as short
Vest META-USD-PERP+0.0046%1h741.23+0.081%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.61−0.003%$178K$201K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.79+0.022%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.61−0.003%$24K$3K10xas long as short
Paradex META-USD-PERP+0.0050%8h740.56−0.010%5xas long as short
Ondo Perps META-USD.P+0.0050%1h740.30−0.045%$666K$4.1M10xas long as short
Aftermath Perps METAUSD+0.0054%1h740.95+0.043%$49K$63K10xas long as short
Coinbase International META-PERP-INTX+0.0064%1h740.57−0.008%$607K$7.3M10xas long as short
Phoenix META+0.0065%1h740.33−0.040%$291K$791K20xas long as short
Lighter META+0.0080%1h740.95+0.043%$862K$2.5M20xas long as short
KuCoin METAUSDTM+0.0100%8h740.73+0.014%$1.6M$361K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.19−0.059%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythosshort+0.0100%8h740.71+0.011%$1K$2410x
Aevo META-PERP+0.0104%1h740.69+0.008%$26710xas long as short
tradeXYZ xyz:META+0.0109%1h740.78+0.020%$68.4M$120.6M20xas long as short
Hotstuff META-PERP+0.0200%1h740.72+0.012%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h740.28−0.047%$168K$46K30xas long as short
edgeX METAUSDC+0.0897%4h740.56−0.009%$62K$331K10xas long as short