META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%

Price spread now: KuCoin against Gate+0.061%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1141.140% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.061%, 7d avg −0.013%

Together, before fees+0.170%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.074% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate META_USDT	739.14	0	get 0.0000% / 8h	7h 22m	$352K	$5.6M	100x
Short	KuCoin METAUSDTM	739.59	0.0100	get 0.0100% / 8h	7h 22m	$1.6M	$436K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.061%Rate

Funding earned: $21
Price spread: +0.061% → −0.013%: $7.38
Slippage, 4 orders: −$87.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$85.64
Costs to cover: 1.140%
Break-even: 35.5 days

Slippage from Gate: live order book, just now; KuCoin: live order book, 3 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 Gate live order book, just now	4.06 bp	13.0 bp −$13	37.4 bp −$374	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	4.66 bp	49.5 bp −$50	doesn't fit	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	739.51	+0.050%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0021%	1h	739.27	+0.017%	$423K	$391K	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.75	+0.082%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.39	+0.033%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.56	+0.057%	$27.4M	$179.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.59	+0.061%	$7.6M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.59	+0.061%	$6.0M	$13.3M	20x	as long as short
Gate META_USDTlong	0.0000%	8h	739.14	long leg	$352K	$5.6M	100x
Bitget METAUSDT	0.0000%	8h	739.48	+0.046%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	739.24	+0.014%	$2.3M	$3.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	739.70	+0.076%	$12K	$461K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.82	+0.092%	$908	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.10	−0.005%	$30K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.44	+0.041%	$104K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.67	+0.072%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.74	+0.081%	$750K	$3.2M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.88	+0.100%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.67	+0.072%	$177K	$195K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.42	+0.038%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.50	+0.049%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.85	−0.039%	$676K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.52	+0.051%	$2.2M	$14.2M	10x	as long as short
Arcus META-USD	+0.0063%	1h	739.12	−0.003%	$110K	$331K	10x	as long as short
Paradex META-USD-PERP	+0.0064%	8h	739.32	+0.025%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.17	+0.140%	$48K	$80K	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	739.59	+0.061%	$1.6M	$436K	20x
ApeX Omni METAUSDT	+0.0100%	1h	739.16	+0.003%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.67	+0.072%	$1K	$24	10x	as long as short
Hotstuff META-PERP	+0.0104%	1h	739.58	+0.060%	$33K	$105	20x	as long as short
Aevo META-PERP	+0.0104%	1h	739.45	+0.041%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	739.31	+0.023%	$613K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0167%	1h	739.57	+0.058%	$67.5M	$121.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.54	+0.325%	$171K	$48K	30x	as long as short
Lighter META	+0.0232%	1h	739.74	+0.081%	$851K	$2.5M	20x	as long as short
Phoenix META	+0.0259%	1h	740.01	+0.118%	$291K	$930K	20x	as long as short
edgeX METAUSDC	+0.0648%	4h	739.65	+0.069%	$62K	$334K	10x	as long as short