Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Variational Omni+0.023%7-day average +0.021% · you sell dearer than you buy

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

Long on Variational Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.400%+$40 · spread now +0.023%, 7d avg +0.021%

Together, before fees+0.372%+ Points / potential airdropVariational Omni: Active · farm board+$37 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	744.88	0	get 0.0000% / 8h	7h 03m	$2.5M	$3.0M	—
Short	SunX META-USDT	745.05	0	get 0.0000% / 8h	7h 03m	$1K	$7.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → +0.021%: $0.11
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$7.89
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, just now; SunX: live order book, 5 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, just now	2.46 bp	doesn't fit	25.9 bp −$259	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	28.19 bp	32.2 bp −$32	61.7 bp −$617	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	745.17	+0.039%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.80	−0.011%	$490K	$623K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.93	+0.006%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.12	+0.031%	$25.9M	$191.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.47	+0.079%	$7.7M	$15.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.24	+0.048%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.73	−0.020%	$442K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.88	0.000%	$5.7M	$12.2M	100x	as long as short
Variational Omni METAlong	0.0000%	8h	744.88	long leg	$2.5M	$3.0M	—
GRVT META_USDT_Perp	0.0000%	8h	744.94	+0.008%	$13K	$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-USDTshort	0.0000%	8h	745.05	+0.023%	$1K	$7.6M	20x
HTX META-USDT	0.0000%	8h	744.96	+0.010%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.07	+0.025%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0007%	1h	744.68	−0.026%	$479K	$559K	20x	as long as short
Lighter RH META	+0.0032%	1h	745.29	+0.055%	$790K	$3.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0032%	1h	744.74	−0.019%	$36K	$270K	10x	as long as short
QFEX META-USD	+0.0036%	1h	745.02	+0.019%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.65	−0.031%	$111K	$337K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.37	+0.066%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.06	+0.024%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.71	−0.023%	$566K	$618K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.13	+0.033%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.28	−0.081%	$719K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0059%	8h	744.94	+0.008%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0076%	1h	745.48	+0.080%	$51K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	744.39	−0.066%	$612	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.88	0.000%	$1.6M	$793K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.03	−0.114%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.13	+0.033%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.94	+0.007%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	744.19	−0.093%	$642K	$8.0M	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	745.16	+0.037%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.78	−0.014%	$176K	$52K	30x	as long as short
Lighter META	+0.0288%	1h	745.37	+0.066%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0298%	1h	745.30	+0.056%	$86.1M	$134.4M	20x	as long as short
Phoenix META	+0.0791%	1h	746.00	+0.150%	$796K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0969%	4h	744.92	+0.005%	$63K	$348K	10x	as long as short