Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h —

Price spread now: Paradex against Aster+0.020%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Paradex: 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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METAUSDT	747.48	0	get 0.0000% / 8h	3h 07m	$493K	$577K	20x
Short	Paradex META-USD-PERP	747.63	0.0062	get 0.0062% / 8h	3h 07m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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 AsterbpFee ParadexbpOrdersPrice spread, now +0.020%Rate

Funding earned: $13.11
Price spread: +0.020% → 0.000%: $1.97
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.08
Costs to cover: 0.120%
Break-even: 5.4 days

Slippage unknown: Aster: live order book, 45 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 45 min ago	13.36 bp	97.1 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	748.02	+0.072%	$331K	$1.1M	20x	as long as short
Nado META-PERP	−0.0002%	1h	747.45	−0.004%	$483K	$556K	20x	as long as short
Aster METAUSDTlong	0.0000%	8h	747.48	long leg	$493K	$577K	20x
Extended META_24_5-USD	0.0000%	1h	747.66	+0.024%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	748.00	+0.069%	$28.5M	$182.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	748.08	+0.080%	$7.5M	$14.6M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	748.00	+0.069%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	747.31	−0.023%	$427K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	748.56	+0.144%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.65	+0.023%	$12K	$448K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	747.78	+0.040%	$621	$8.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	747.37	−0.015%	$31K	$252K	10x	as long as short
HTX META-USDT	0.0000%	8h	747.74	+0.035%	$107K	$304K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	748.07	+0.079%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	748.13	+0.087%	$771K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	747.39	−0.012%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.79	+0.041%	—	$11K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	747.37	−0.015%	$588K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.84	+0.048%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	747.09	−0.052%	$773K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	747.45	−0.004%	$2.2M	$13.8M	10x	as long as short
Paradex META-USD-PERPshort	+0.0062%	8h	747.63	+0.020%	—	—	5x
Aftermath Perps METAUSD	+0.0084%	1h	748.25	+0.103%	$52K	$82K	10x	as long as short
Bitget METAUSDT	+0.0088%	8h	747.91	+0.057%	$5.5M	$11.9M	100x	as long as short
Popdex METAUSDT	+0.0096%	1h	747.91	+0.057%	$180K	$199K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	747.77	+0.039%	$1.6M	$623K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	747.06	−0.056%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	747.78	+0.040%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	747.64	+0.021%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	747.35	−0.018%	$667K	$7.6M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.19	−0.039%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0248%	1h	748.02	+0.072%	$33K	$105	20x	as long as short
Lighter META	+0.0280%	1h	748.11	+0.084%	$905K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0341%	1h	748.13	+0.087%	$72.0M	$121.7M	20x	as long as short
Phoenix META	+0.0633%	1h	749.25	+0.237%	$800K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0974%	4h	747.99	+0.068%	$62K	$338K	10x	as long as short