Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against HTX+0.042%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Vest

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 days—no 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 0.042% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	744.24	0	get 0.0000% / 8h	48m 58s	$106K	$309K	30x
Short	Vest META-USD-PERP	744.55	0.0046	get 0.0006% / 1h	48m 58s	—	$12K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.042%Rate

Funding earned: $9.59
Price spread: +0.042% → 0.000%: $4.17
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$0.24
Costs to cover: 0.140%
Break-even: 7.2 days

Slippage unknown: HTX: live order book, 53 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 53 min ago	2.68 bp	11.3 bp −$11	16.3 bp −$163	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	744.46	+0.030%	$332K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.38	+0.153%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.02	−0.030%	$551K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.22	−0.003%	$25.1M	$188.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.96	−0.038%	$7.4M	$15.4M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.11	−0.017%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.77	−0.063%	$465K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.28	+0.005%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.33	+0.012%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	744.62	+0.051%	$12K	$438K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	744.44	+0.027%	$942	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.73	−0.069%	$34K	$275K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	744.24	long leg	$106K	$309K	30x
Phemex METAUSDT	0.0000%	4h	744.88	+0.086%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.25	+0.001%	$2.2M	$13.9M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.44	+0.027%	$112K	$339K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	744.55	+0.042%	—	$12K	25x
Polymarket Perps META-USD	+0.0050%	1h	743.91	−0.044%	$564K	$597K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.08	−0.021%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.78	−0.062%	$728K	$5.1M	10x	as long as short
edgeX METAUSDC	+0.0051%	4h	744.65	+0.055%	$62K	$344K	10x	as long as short
Paradex META-USD-PERP	+0.0055%	8h	744.13	−0.015%	—	—	5x	as long as short
Nado META-PERP	+0.0074%	1h	743.80	−0.059%	$479K	$560K	20x	as long as short
Lighter RH META	+0.0080%	1h	744.48	+0.032%	$788K	$3.1M	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	745.19	+0.127%	$46K	$88K	10x	as long as short
Pacifica META	+0.0100%	1h	744.48	+0.033%	$13	$106	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.44	+0.027%	$1.6M	$708K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.68	−0.075%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.38	+0.019%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.04	−0.026%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.65	+0.055%	$654K	$7.9M	10x	as long as short
Popdex METAUSDT	+0.0128%	1h	744.37	+0.017%	$177K	$203K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.52	+0.575%	$173K	$46K	30x	as long as short
Hotstuff META-PERP	+0.0408%	1h	744.65	+0.055%	$33K	$105	20x	as long as short
Lighter META	+0.0512%	1h	744.63	+0.052%	$1.1M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0553%	1h	744.50	+0.035%	$80.5M	$129.2M	20x	as long as short
Phoenix META	+0.0750%	1h	746.46	+0.298%	$797K	$1.5M	20x	as long as short