Funding you earn now, next payment 08:00 UTC−0.0974%/8h= −106.7% APRpaid last 24h −0.106%
Price spread now: HTX against edgeX−0.125%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days−0.594%−$59 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.125%, 7d avg −0.012%
=Together, before fees−0.363%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and HTX is 0.113% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.594% in total (about -31.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 747.99 | 0.0974 | pay 0.0487% / 4h | 3h 04m | $62K | $338K | 10x |
| Short | HTX META-USDT | 747.06 | 0 | get 0.0000% / 8h | 3h 04m | $106K | $304K | 30x |
edgeX METAUSDC
HTX META-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$204.54
- Price spread: −0.125% → −0.012%
- −$11.29
- Slippage, 4 orders
- −$18.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$255.27
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 49 min ago; HTX: live order book, 48 min ago.
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 edgeX live order book, 49 min ago | 5.17 bp | 9.8 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell HTX live order book, 48 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
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 | 747.32 | −0.090% | $331K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0002% | 1h | 747.02 | −0.130% | $483K | $556K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 747.49 | −0.068% | $493K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 747.28 | −0.096% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 747.82 | −0.023% | $28.5M | $182.3M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 747.93 | −0.008% | $7.5M | $14.6M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 747.91 | −0.011% | $6.0M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 747.19 | −0.107% | $422K | $5.9M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 747.58 | −0.055% | $2.4M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 748.03 | +0.005% | $12K | $448K | 10x | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Variational Omni META
GRVT META_USDT_PerpShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 747.12 | −0.117% | $965 | $8.8M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 746.57 | −0.190% | $31K | $252K | 10x | as long as short |
| HTX META-USDTshort | 0.0000% | 8h | 747.06 | −0.125% | $106K | $304K | 30x | |
| Phemex METAUSDT | 0.0000% | 4h | 747.93 | −0.008% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 747.50 | −0.066% | $770K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 747.20 | −0.106% | $111K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 747.80 | −0.026% | — | $11K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 747.48 | −0.069% | $588K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 747.19 | −0.107% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 746.55 | −0.193% | $770K | $4.6M | 10x | as long as short |
| QFEX META-USD | +0.0058% | 1h | 747.34 | −0.087% | $2.2M | $13.8M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0064% | 8h | 747.20 | −0.106% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0083% | 1h | 748.37 | +0.050% | $52K | $82K | 10x | as long as short |
| Popdex METAUSDT | +0.0096% | 1h | 747.49 | −0.067% | $180K | $199K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 747.55 | −0.059% | $1.6M | $625K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 747.07 | −0.123% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 747.92 | −0.010% | $1K | $24 | 10x | as long as short |
| Bitget METAUSDT | +0.0101% | 8h | 747.50 | −0.066% | $5.5M | $12.0M | 100x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 747.63 | −0.048% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 747.35 | −0.086% | $667K | $7.6M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 747.19 | −0.107% | $172K | $48K | 30x | as long as short |
| Hotstuff META-PERP | +0.0256% | 1h | 747.53 | −0.062% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0280% | 1h | 747.49 | −0.067% | $916K | $2.5M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0348% | 1h | 748.08 | +0.012% | $72.1M | $121.9M | 20x | as long as short |
| Phoenix META | +0.0633% | 1h | 749.25 | +0.168% | $800K | $1.4M | 20x | as long as short |
| edgeX METAUSDClong | +0.0974% | 4h | 747.99 | long leg | $62K | $338K | 10x |
SunX META-USDT
Deribit META_USDC-PERPETUAL
Phemex METAUSDT
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
QFEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Popdex METAUSDT
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Bitget METAUSDT
Aevo META-PERP
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Hotstuff META-PERP
Lighter META
tradeXYZ xyz:META
Phoenix META