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 −0.030%

Price spread now: HTX against KuCoin−0.081%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$960.963% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.081%, 7d avg +0.017%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.098% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	744.97	0.0100	pay 0.0100% / 8h	1h 38m	$1.6M	$676K	20x
Short	HTX META-USDT	744.37	0	get 0.0000% / 8h	1h 38m	$106K	$307K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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 KuCoinbpFee HTXbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$21
Price spread: −0.081% → +0.017%: −$9.76
Slippage, 4 orders: −$72.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$127.09
Costs to cover: 0.963%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; HTX: live order book, 4 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 KuCoin live order book, 8 min ago	5.30 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	2.68 bp	8.7 bp −$9	10.7 bp −$107	doesn't fit	doesn't fit

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
Deribit META_USDC-PERPETUAL	−0.0140%	1h	743.98	−0.133%	$34K	$274K	10x	as long as short
BloFin META-USDT	−0.0120%	8h	745.09	+0.016%	$334K	$1.1M	20x	as long as short
Nado META-PERP	−0.0025%	1h	744.85	−0.016%	$482K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.52	+0.074%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.42	−0.073%	$552K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.59	−0.051%	$25.2M	$187.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.58	−0.052%	$7.3M	$15.2M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.81	−0.021%	$6.0M	$12.7M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.46	−0.068%	$458K	$6.1M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.93	−0.005%	$5.5M	$12.3M	100x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	745.20	+0.031%	$2.4M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.38	+0.055%	$13K	$438K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.52	−0.060%	$740	$8.2M	20x	as long as short
HTX META-USDTshort	0.0000%	8h	744.37	−0.081%	$106K	$307K	30x
Phemex METAUSDT	0.0000%	4h	745.27	+0.040%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.64	−0.044%	$2.2M	$13.9M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.00	+0.004%	$786K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.78	−0.026%	$109K	$333K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.31	+0.046%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.78	−0.026%	$177K	$205K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.46	−0.068%	$586K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.64	−0.044%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.15	−0.110%	$711K	$5.2M	10x	as long as short
Paradex META-USD-PERP	+0.0063%	8h	744.85	−0.017%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.70	+0.098%	$52K	$81K	10x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	744.97	long leg	$1.6M	$676K	20x
ApeX Omni METAUSDT	+0.0100%	1h	744.58	−0.052%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.80	−0.023%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.60	−0.049%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	745.43	+0.062%	$650K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.64	+0.493%	$173K	$46K	30x	as long as short
Lighter META	+0.0384%	1h	745.14	+0.023%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERP	+0.0384%	1h	745.48	+0.068%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0518%	1h	745.07	+0.013%	$77.1M	$127.2M	20x	as long as short
Phoenix META	+0.0739%	1h	746.43	+0.196%	$797K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0790%	4h	745.22	+0.033%	$62K	$342K	10x	as long as short
Pacifica META	+0.0800%	1h	744.88	−0.012%	—	—	—	as long as short