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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.058%
Price spread now: Ondo Perps against Extended0.000%7-day average −0.062% · you buy dearer than you sell
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 7 days−0.035%−$4 on $10k
Price spread, last 7 days+0.648%+$65 · spread now 0.000%, 7d avg −0.062%
Together, before fees+0.613%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.062% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended META_24_5-USD744.940get 0.0000% / 1h39m 53s$552K$2.6M17x
ShortOndo Perps META-USD.P744.940.0050get 0.0006% / 1h39m 53s$711K$5.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
$10.58
Price spread: 0.000% → −0.062%
$6.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$6.8
Costs to cover
0.100%
Break-even
2.5 days
Slippage unknown: Extended: live order book, 4 min ago; Ondo Perps: 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 Extended live order book, 4 min ago0.34 bp5.5 bp −$641.1 bp −$411doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h745.33+0.052%$334K$1.1M20xas long as short
Nado META-PERP−0.0020%1h744.87−0.009%$482K$559K20xas long as short
Aster METAUSDT0.0000%8h745.65+0.095%$479K$593K20xas long as short
Extended META_24_5-USDlong0.0000%1h744.94long leg$552K$2.6M17x
Binance METAUSDT0.0000%8h745.10+0.021%$25.2M$187.6M20xas long as short
Bybit METAUSDT0.0000%8h744.90−0.006%$7.3M$15.2M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.18+0.032%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.69−0.034%$457K$6.1M100xas long as short
Bitget METAUSDT0.0000%8h745.13+0.025%$5.5M$12.2M100xas long as short
Variational Omni META0.0000%8h745.20+0.035%$2.4M$3.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h745.43+0.066%$13K$438K10xas long as short
SunX META-USDT0.0000%8h745.05+0.015%$563$8.2M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.77−0.023%$34K$274K10xas long as short
HTX META-USDT0.0000%8h744.91−0.004%$106K$307K30xas long as short
Phemex METAUSDT0.0000%4h745.27+0.044%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h744.98+0.005%$2.2M$13.9M10xas long as short
Lighter RH META+0.0032%1h745.45+0.068%$787K$2.9M20xas long as short
Arcus META-USD+0.0040%1h744.940.000%$109K$333K10xas long as short
Vest META-USD-PERP+0.0046%1h745.59+0.087%$12K25xas long as short
Popdex METAUSDT+0.0048%1h745.19+0.033%$177K$203K20xas long as short
Polymarket Perps META-USD+0.0050%1h744.87−0.010%$586K$564K10xas long as short
SoDEX META-USD+0.0050%1h745.14+0.027%$25K$3K10xas long as short
Ondo Perps META-USD.Pshort+0.0050%1h744.940.000%$711K$5.2M10x
Paradex META-USD-PERP+0.0064%8h745.09+0.020%5xas long as short
Aftermath Perps METAUSD+0.0087%1h746.39+0.194%$52K$81K10xas long as short
KuCoin METAUSDTM+0.0100%8h745.30+0.048%$1.6M$675K20xas long as short
ApeX Omni METAUSDT+0.0100%1h744.66−0.038%$167K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.25+0.041%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.07+0.017%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h745.43+0.066%$650K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h748.64+0.497%$173K$46K30xas long as short
Lighter META+0.0384%1h745.57+0.084%$1.1M$2.7M20xas long as short
Hotstuff META-PERP+0.0400%1h745.60+0.088%$33K$10520xas long as short
tradeXYZ xyz:META+0.0528%1h745.62+0.091%$77.1M$127.2M20xas long as short
Phoenix META+0.0739%1h746.48+0.207%$797K$1.5M20xas long as short
edgeX METAUSDC+0.0795%4h745.37+0.057%$62K$345K10xas long as short