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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: Vest against Deribit+0.115%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 4 days (all we have)no history yet
Price spread, last 7 daysno 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 +$1 a day on $10k at the current rate, and Vest is 0.115% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit META_USDC-PERPETUAL744.850get 0.0000% / 1h34m 04s$34K$275K10x
ShortVest META-USD-PERP745.710.0046get 0.0006% / 1h34m 04s$12K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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
$9.59
Price spread: +0.115% → 0.000%
$11.55
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$12.14
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Deribit: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 4 min ago0.07 bp10.3 bp −$1013.1 bp −$131doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h745.79+0.126%$332K$1.1M20xas long as short
Aster METAUSDT0.0000%8h745.00+0.020%$479K$593K20xas long as short
Extended META_24_5-USD0.0000%1h745.18+0.044%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h745.34+0.066%$25.1M$188.4M20xas long as short
Bybit METAUSDT0.0000%8h745.20+0.047%$7.5M$15.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.59+0.099%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.79−0.008%$469K$6.2M100xas long as short
Bitget METAUSDT0.0000%8h745.40+0.074%$5.5M$12.3M100xas long as short
Variational Omni META0.0000%8h745.45+0.081%$2.4M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h745.58+0.098%$12K$436K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h745.35+0.067%$966$8.0M20xas long as short
Deribit META_USDC-PERPETUALlong0.0000%1h744.85long leg$34K$275K10x
HTX META-USDT0.0000%8h745.18+0.044%$108K$312K30xas long as short
Phemex METAUSDT0.0000%4h745.48+0.085%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h745.42+0.077%$2.2M$13.9M10xas long as short
Arcus META-USD+0.0040%1h745.16+0.042%$112K$339K10xas long as short
Nado META-PERP+0.0042%1h745.10+0.034%$480K$560K20xas long as short
Vest META-USD-PERPshort+0.0046%1h745.71+0.115%$12K25x
Polymarket Perps META-USD+0.0050%1h745.16+0.042%$565K$621K10xas long as short
SoDEX META-USD+0.0050%1h745.38+0.071%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h744.98+0.017%$729K$5.1M10xas long as short
Paradex META-USD-PERP+0.0055%8h745.34+0.065%5xas long as short
Lighter RH META+0.0056%1h745.65+0.107%$789K$3.1M20xas long as short
Aftermath Perps METAUSD+0.0087%1h746.22+0.184%$48K$90K10xas long as short
Popdex METAUSDT+0.0088%1h745.50+0.087%$177K$203K20xas long as short
Pacifica META+0.0100%1h745.62+0.103%$25$18910xas long as short
KuCoin METAUSDTM+0.0100%8h745.24+0.052%$1.6M$717K20xas long as short
ApeX Omni METAUSDT+0.0100%1h744.68−0.023%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.47+0.083%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.29+0.060%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h745.33+0.064%$645K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h747.69+0.381%$172K$46K30xas long as short
edgeX METAUSDC+0.0275%4h745.30+0.061%$62K$344K10xas long as short
Lighter META+0.0464%1h745.83+0.132%$1.1M$2.9M20xas long as short
Hotstuff META-PERP+0.0472%1h746.06+0.162%$33K$10520xas long as short
tradeXYZ xyz:META+0.0573%1h745.92+0.144%$81.5M$130.0M20xas long as short
Phoenix META+0.0750%1h746.69+0.247%$797K$1.5M20xas long as short