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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.026%
Price spread now: Coinbase International against Aevo+0.057%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.057% dearer against Aevo than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP742.860.0104pay 0.0013% / 1h38m 00s$26710x
ShortCoinbase International META-PERP-INTX743.280.0096get 0.0012% / 1h38m 00s$610K$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$1.68
Price spread: +0.057% → 0.000%
$5.66
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$22.02
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Aevo no order-book sample
Sell Coinbase International live order book, 1 min ago0.94 bp8.8 bp −$913.6 bp −$136doesn't fitdoesn't fit
Aevo: 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%8h743.43+0.077%$329K$1.1M20xas long as short
Nado META-PERP−0.0073%1h742.94+0.011%$391K$329K20xas long as short
Aster METAUSDT0.0000%8h743.32+0.062%$459K$537K20xas long as short
Extended META_24_5-USD0.0000%1h742.78−0.010%$549K$1.6M17xas long as short
Binance METAUSDT0.0000%8h742.91+0.007%$27.4M$179.6M20xas long as short
Bybit METAUSDT0.0000%8h742.74−0.016%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h742.91+0.007%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h742.40−0.062%$346K$5.5M100xas long as short
Bitget METAUSDT0.0000%8h742.76−0.013%$5.6M$11.4M100xas long as short
Variational Omni META0.0000%8h743.32+0.062%$2.3M$3.2Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h743.64+0.105%$12K$486K10xas long as short
SunX META-USDT0.0000%8h742.79−0.009%$1K$9.5M20xas long as short
HTX META-USDT0.0000%8h742.64−0.030%$107K$285K30xas long as short
Phemex METAUSDT0.0000%4h743.51+0.088%$2.0M$7K10xas long as short
Deribit META_USDC-PERPETUAL+0.0006%1h742.49−0.050%$30K$257K10xas long as short
QFEX META-USD+0.0027%1h742.69−0.023%$2.2M$14.3M10xas long as short
Lighter RH META+0.0032%1h742.91+0.007%$756K$3.2M20xas long as short
Arcus META-USD+0.0040%1h742.35−0.069%$110K$472K10xas long as short
Vest META-USD-PERP+0.0046%1h743.29+0.058%$11K25xas long as short
Popdex METAUSDT+0.0048%1h742.90+0.005%$178K$209K20xas long as short
Polymarket Perps META-USD+0.0050%1h742.79−0.009%$543K$841K10xas long as short
SoDEX META-USD+0.0050%1h742.84−0.003%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h742.28−0.078%$769K$4.3M10xas long as short
Paradex META-USD-PERP+0.0051%8h742.75−0.015%5xas long as short
Aftermath Perps METAUSD+0.0062%1h743.70+0.113%$49K$75K10xas long as short
Coinbase International META-PERP-INTXshort+0.0096%1h743.28+0.057%$610K$7.4M10x
KuCoin METAUSDTM+0.0100%8h742.74−0.016%$1.6M$380K20xas long as short
ApeX Omni METAUSDT+0.0100%1h742.98+0.016%$166K$74K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h742.87+0.001%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h742.86long leg$26710x
Lighter META+0.0128%1h742.860.000%$859K$2.6M20xas long as short
Phoenix META+0.0129%1h743.86+0.135%$293K$797K20xas long as short
Hotstuff META-PERP+0.0144%1h742.88+0.003%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h745.83+0.400%$170K$46K30xas long as short
tradeXYZ xyz:META+0.0232%1h742.91+0.007%$67.6M$122.3M20xas long as short
edgeX METAUSDC+0.0710%4h743.35+0.066%$62K$331K10xas long as short