META

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: BloFin against HTX+0.020%59s7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.352% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.020%, 7d avg +0.031%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	737.88	0	get 0.0000% / 8h	4h 44m	$108K	$309K	30x
Short	BloFin META-USDT	738.03	−0.0120	pay 0.0120% / 8h	4h 44m	$340K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$25.2
Price spread: +0.020% → +0.031%: −$1.02
Slippage, 4 orders: −$11.17
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$61.4
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from HTX: live order book, 61 min ago; BloFin: live order book, 1 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 HTX live order book, 61 min ago	2.30 bp	10.9 bp −$11	16.6 bp −$166	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	0.20 bp	7.5 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit

META on 37 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	738.73	+0.115%	$33K	$105	20x	as long as short
BloFin META-USDTshort	−0.0120%	8h	738.03	+0.020%	$340K	$1.1M	20x
Aster METAUSDT	0.0000%	8h	738.59	+0.096%	$478K	$646K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	737.88	0.000%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	738.13	+0.034%	$25.0M	$192.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	738.08	+0.027%	$7.4M	$16.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	738.01	+0.018%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	737.83	−0.007%	$491K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	738.19	+0.042%	$5.9M	$12.5M	100x	as long as short
Variational Omni META	0.0000%	8h	737.95	+0.009%	$2.6M	$3.1M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	738.47	+0.080%	$12K	$419K	10x	as long as short
SunX META-USDT	0.0000%	8h	738.53	+0.088%	$741	$6.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	737.78	−0.014%	$36K	$209K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	737.88	long leg	$108K	$309K	30x
Phemex METAUSDT	0.0000%	4h	738.64	+0.103%	$2.0M	$9K	10x	as long as short
edgeX METAUSDC	+0.0018%	4h	738.42	+0.073%	$62K	$351K	10x	as long as short
Lighter RH META	+0.0032%	1h	738.23	+0.047%	$854K	$2.8M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	738.29	+0.056%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	738.25	+0.050%	$177K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	737.79	−0.012%	$556K	$590K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	738.02	+0.019%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	737.44	−0.060%	$752K	$5.1M	10x	as long as short
QFEX META-USD	+0.0056%	1h	738.00	+0.016%	$2.2M	$14.0M	10x	as long as short
Nado META-PERP	+0.0063%	1h	737.76	−0.016%	$473K	$536K	20x	as long as short
Paradex META-USD-PERP	+0.0065%	8h	737.90	+0.002%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	738.60	+0.097%	$53K	$84K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0088%	1h	737.36	−0.070%	$671K	$7.4M	10x	as long as short
Pacifica META	+0.0100%	1h	738.17	+0.039%	$611	$3K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	738.13	+0.034%	$1.6M	$942K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	737.54	−0.046%	$165K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	737.99	+0.015%	$1K	$338	10x	as long as short
Aevo META-PERP	+0.0104%	1h	737.74	−0.018%	$266	—	10x	as long as short
Arcus META-USD	+0.0209%	1h	737.75	−0.018%	$110K	$292K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.69	+0.381%	$167K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0260%	1h	737.99	+0.015%	$86.7M	$136.4M	20x	as long as short
Lighter META	+0.0288%	1h	738.32	+0.060%	$1.2M	$2.6M	20x	as long as short
Phoenix META	+0.0626%	1h	739.25	+0.186%	$789K	$1.6M	20x	as long as short