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 −0.004%

Price spread now: Variational Omni against KuCoin+0.003%7-day average +0.058% · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.072%−$7 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.003%, 7d avg +0.058%

Together, before fees−0.115%+ Points / potential airdropVariational Omni: Active · farm board−$11 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 Variational Omni is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.058%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	740.11	0.0100	pay 0.0100% / 8h	6h 35m	$1.6M	$475K	20x
Short	Variational Omni META	740.13	0	get 0.0000% / 8h	6h 35m	$2.3M	$3.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: −$21
Price spread: +0.003% → +0.058%: −$5.55
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$38.55
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 4 min ago. 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 KuCoin live order book, 5 min ago	3.65 bp	39.5 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.31 bp	doesn't fit	16.9 bp −$169	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
Nado META-PERP	−0.0143%	1h	739.88	−0.030%	$478K	$546K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.99	−0.016%	$327K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.73	+0.084%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.12	+0.002%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.35	+0.033%	$27.3M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.20	+0.012%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.36	+0.034%	$5.9M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.14	+0.004%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.28	+0.023%	$5.5M	$11.3M	100x	as long as short
Variational Omni METAshort	0.0000%	8h	740.13	+0.003%	$2.3M	$3.1M	—

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	739.97	−0.019%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.22	+0.015%	$625	$9.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.70	−0.055%	$31K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.99	−0.016%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.17	+0.008%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.05	−0.008%	$2.2M	$14.0M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.31	+0.027%	$750K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	739.67	−0.059%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.39	+0.038%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.42	+0.042%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.14	+0.004%	$558K	$855K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.05	−0.008%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.74	−0.050%	$697K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	740.06	−0.006%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0068%	1h	740.70	+0.079%	$49K	$80K	10x	as long as short
Lighter META	+0.0096%	1h	740.30	+0.026%	$855K	$2.4M	20x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	740.11	long leg	$1.6M	$475K	20x
ApeX Omni METAUSDT	+0.0100%	1h	739.45	−0.089%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.09	−0.003%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.88	−0.032%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	739.45	−0.089%	$609K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0128%	1h	740.30	+0.026%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0168%	4h	739.75	−0.049%	$62K	$335K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	739.56	−0.074%	$170K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0249%	1h	740.31	+0.027%	$68.3M	$120.3M	20x	as long as short
Phoenix META	+0.0313%	1h	740.68	+0.077%	$394K	$1.1M	20x	as long as short