Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.050%

Price spread now: Vest against BloFin+0.043%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Vest is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin META-USDT	743.30	−0.0120	get 0.0120% / 8h	7h 34m	$334K	$1.1M	20x
Short	Vest META-USD-PERP	743.62	0.0046	get 0.0006% / 1h	34m 57s	—	$12K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against BloFin. 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 BloFinbpFee VestbpOrdersPrice spread, now +0.043%Rate

Funding earned: $34.79
Price spread: +0.043% → 0.000%: $4.31
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $25.1
Costs to cover: 0.140%
Break-even: 2.0 days

Slippage unknown: BloFin: live order book, 2 min ago; Vest: 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 BloFin live order book, 2 min ago	0.34 bp	8.9 bp −$9	13.8 bp −$138	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 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-USDTlong	−0.0120%	8h	743.30	long leg	$334K	$1.1M	20x
Nado META-PERP	−0.0014%	1h	743.06	−0.032%	$479K	$560K	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.00	+0.094%	$488K	$603K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.08	−0.030%	$547K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.31	+0.002%	$25.8M	$191.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.42	+0.016%	$7.4M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.88	−0.057%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.00	−0.040%	$476K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.24	−0.008%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	743.29	−0.001%	$2.5M	$3.0M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	743.50	+0.027%	$12K	$438K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.19	−0.015%	$796	$7.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.00	−0.040%	$46K	$282K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.02	−0.038%	$107K	$312K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.47	+0.023%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.39	+0.012%	$793K	$2.9M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.20	−0.013%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.05	−0.034%	$112K	$337K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	743.62	+0.043%	—	$12K	25x
Popdex METAUSDT	+0.0048%	1h	743.24	−0.008%	$180K	$204K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.89	−0.055%	$565K	$619K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.15	−0.020%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.83	−0.063%	$722K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	743.18	−0.016%	—	—	5x	as long as short
edgeX METAUSDC	+0.0079%	4h	743.33	+0.003%	$63K	$346K	10x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.87	+0.077%	$51K	$93K	10x	as long as short
Pacifica META	+0.0100%	1h	743.03	−0.036%	$626	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.45	+0.020%	$1.6M	$763K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.58	−0.097%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.34	+0.005%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.15	−0.021%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	742.98	−0.043%	$635K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.70	+0.323%	$176K	$52K	30x	as long as short
tradeXYZ xyz:META	+0.0284%	1h	743.25	−0.007%	$84.4M	$132.8M	20x	as long as short
Hotstuff META-PERP	+0.0288%	1h	743.49	+0.026%	$33K	$105	20x	as long as short
Lighter META	+0.0296%	1h	743.57	+0.036%	$1.2M	$2.9M	20x	as long as short
Phoenix META	+0.0791%	1h	744.37	+0.144%	$795K	$1.5M	20x	as long as short