Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.106%7-day average +0.105% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 3 days (all we have)+0.074%+$7 · spread now +0.106%, 7d avg +0.105%
Together, before fees−0.045%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps META-USD.P738.700.0050pay 0.0006% / 1h45m 09s$687K$4.3M10x
ShortSunX META-USDT739.480get 0.0000% / 8h7h 45m$652$9.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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

Funding earned
−$10.58
Price spread: +0.106% → +0.105%
$0.08
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$23.51
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell SunX live order book, 4 min ago28.16 bp32.2 bp −$3261.7 bp −$617doesn't fitdoesn't fit
Ondo Perps: 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 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h739.58+0.119%$327K$1.1M20xas long as short
Phemex METAUSDT−0.0100%4h739.85+0.156%$2.0M$7K10xas long as short
Aster METAUSDT0.0000%8h740.69+0.270%$463K$548K20xas long as short
Extended META_24_5-USD0.0000%1h739.48+0.105%$554K$1.9M17xas long as short
Binance METAUSDT0.0000%8h739.65+0.129%$27.3M$178.8M20xas long as short
Bybit METAUSDT0.0000%8h739.57+0.118%$7.5M$13.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h739.46+0.103%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h739.28+0.079%$357K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h739.67+0.131%$5.6M$11.1M100xas long as short
Variational Omni META0.0000%8h739.65+0.129%$2.3M$3.2Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h740.23+0.208%$12K$482K10xas long as short
SunX META-USDTshort0.0000%8h739.48+0.106%$652$9.3M20x
HTX META-USDT0.0000%8h739.39+0.093%$106K$292K30xas long as short
Nado META-PERP+0.0026%1h739.11+0.056%$381K$335K20xas long as short
Lighter RH META+0.0032%1h739.78+0.146%$757K$3.1M20xas long as short
Vest META-USD-PERP+0.0046%1h739.73+0.139%$11K25xas long as short
Popdex METAUSDT+0.0048%1h739.50+0.108%$177K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.36+0.089%$557K$857K10xas long as short
SoDEX META-USD+0.0050%1h739.48+0.106%$24K$3K10xas long as short
Ondo Perps META-USD.Plong+0.0050%1h738.70long leg$687K$4.3M10x
QFEX META-USD+0.0055%1h739.44+0.100%$2.2M$14.2M10xas long as short
Arcus META-USD+0.0063%1h739.49+0.107%$110K$331K10xas long as short
Paradex META-USD-PERP+0.0068%8h739.18+0.065%5xas long as short
Aftermath Perps METAUSD+0.0069%1h739.98+0.173%$48K$79K10xas long as short
Hotstuff META-PERP+0.0088%1h739.24+0.073%$33K$10520xas long as short
KuCoin METAUSDTM+0.0100%8h739.84+0.154%$1.6M$417K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.38+0.092%$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h739.88+0.160%$1K$2410xas long as short
tradeXYZ xyz:META+0.0104%1h739.48+0.106%$67.7M$121.3M20xas long as short
Aevo META-PERP+0.0104%1h739.68+0.133%$26610xas long as short
Deribit META_USDC-PERPETUAL+0.0142%1h739.46+0.103%$30K$250K10xas long as short
Coinbase International META-PERP-INTX+0.0144%1h739.36+0.089%$601K$7.3M10xas long as short
Injective META/USDC PERP+0.0220%1h738.87+0.023%$170K$48K30xas long as short
Lighter META+0.0240%1h739.84+0.154%$856K$2.4M20xas long as short
Phoenix META+0.0259%1h739.42+0.097%$277K$930K20xas long as short
edgeX METAUSDC+0.0367%4h740.09+0.188%$62K$334K10xas long as short