data as of
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Funding arb /

META

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC+0.0064%/8h
next payment, per $10,000+$0.08paid, last 24h+0.022%paid, last 3 days+0.075%to open and closeno order book
Long on Coinbase InternationalShort on Hotstuff
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International META-PERP-INTX725.480.0040pay 0.0005% / 1h44m 06s$701K$5.5M10x
ShortHotstuff META-PERP724.700.0104get 0.0013% / 1h44m 06s$32K$10520x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$13.44
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$1.56
Break-even
7.8 days
Slippage unknown: Coinbase International: live order book, 6 min ago; Hotstuff: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.108%
Avg gap 7d
—
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 6 min ago2.28 bp7.8 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Hotstuff no order-book sample—————
Hotstuff: 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 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin META-USDT−0.0120%8h$324K$561K20xas long as short
Aster METAUSDT0.0000%8h$446K$94K20xas long as short
Extended META_24_5-USD0.0000%1h$521K$1.4M17xas long as short
Binance METAUSDT0.0000%8h$25.6M$107.0M20xas long as short
Bybit METAUSDT0.0000%8h$7.6M$8.6M100xas long as short
OKX META-USDT-SWAP0.0000%8h$5.8M$9.4M20xas long as short
Gate META_USDT0.0000%8h$372K$3.6M100xas long as short
Bitget METAUSDT0.0000%8h$5.1M$7.1M100xas long as short
Variational Omni META0.0000%8h$1.3M$2.1M—as long as short
SunX META-USDT0.0000%8h$774$9.2M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit META_USDC-PERPETUAL0.0000%1h$28K$259K10xas long as short
HTX META-USDT0.0000%8h$103K$269K30xas long as short
Phemex METAUSDT0.0000%4h$1.9M$5K10xas long as short
QFEX META-USD+0.0016%1h$1.8M$7.2M10xas long as short
Nado META-PERP+0.0016%1h$393K$121K20xas long as short
Lighter META+0.0032%1h$698K$2.2M20xas long as short
Lighter RH META+0.0032%1h$636K$2.6M20xas long as short
Coinbase International META-PERP-INTXlong+0.0040%1h$701K$5.5M10x
Arcus META-USD+0.0040%1h$280K$275K10xas long as short
Vest META-USD-PERP+0.0046%1h—$6K25xas long as short
Popdex METAUSDT+0.0048%1h$173K$160K20xas long as short
tradeXYZ xyz:META+0.0050%1h$65.1M$49.9M20xas long as short
Polymarket Perps META-USD+0.0050%1h$659K$470K10xas long as short
SoDEX META-USD+0.0050%1h$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h$847K$2.7M10xas long as short
Paradex META-USD-PERP+0.0051%8h——5xas long as short
Phoenix META+0.0100%1h$282K$361K20xas long as short
KuCoin METAUSDTM+0.0100%8h$1.4M$185K20xas long as short
ApeX Omni METAUSDT+0.0100%1h$133K$56K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h$1K—10xas long as short
Hotstuff META-PERPshort+0.0104%1h$32K$10520x
Aevo META-PERP+0.0104%1h$261—10xas long as short
Injective META/USDC PERP+0.0220%1h$165K$135K30xas long as short
Aftermath Perps METAUSD+0.0230%1h$43K$47K10xas long as short
edgeX METAUSDC+0.0879%4h$61K$325K10xas long as short