data as of
Settings8H · net · $10k
Funding arb /

META

RWAall META markets
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Funding spread now, next payment 20:00 UTC+0.0356%/8h
paid, last 24h0.000%paid, last 7 days0.000%to open and close $10k−$146
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex METAUSDT726.45−0.0356get 0.0178% / 4h3h 42m$1.9M$5K10x
ShortAster METAUSDT725.840get 0.0000% / 8h7h 42m$446K$94K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$74.68
Slippage, 4 orders
−$126.11
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$71.43
Break-even
13.7 days
Slippage from Phemex: live order book, 2 min ago; Aster: live order book, 32 min ago.

Price risk

price view
Price gap now
−0.084%
Avg gap 7d
+0.051%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago2.34 bp42.8 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 32 min ago10.28 bp14.3 bp −$1485.1 bp −$851doesn't fitdoesn't fit

META on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex METAUSDTlong−0.0356%4h$1.9M$5K10x
BloFin META-USDT−0.0120%8h$325K$565K20xas long as short
Hotstuff META-PERP−0.0016%1h$32K$10520xas long as short
Aster METAUSDTshort0.0000%8h$446K$94K20x
Extended META_24_5-USD0.0000%1h$521K$1.4M17xas long as short
Binance METAUSDT0.0000%8h$25.4M$107.5M20xas long as short
Bybit METAUSDT0.0000%8h$7.6M$8.7M100xas long as short
OKX META-USDT-SWAP0.0000%8h$5.8M$9.4M20xas long as short
Gate META_USDT0.0000%8h$370K$3.6M100xas long as short
Bitget METAUSDT0.0000%8h$5.2M$7.2M100xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni META0.0000%8h$1.3M$2.1Mas long as short
SunX META-USDT0.0000%8h$961$9.2M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h$28K$259K10xas long as short
HTX META-USDT0.0000%8h$103K$269K30xas long as short
QFEX META-USD+0.0016%1h$1.8M$7.3M10xas long as short
Nado META-PERP+0.0018%1h$394K$121K20xas long as short
Lighter META+0.0032%1h$698K$2.2M20xas long as short
Lighter RH META+0.0032%1h$636K$2.6M20xas long as short
Coinbase International META-PERP-INTX+0.0040%1h$700K$5.5M10xas long as short
Arcus META-USD+0.0040%1h$281K$275K10xas long as short
Vest META-USD-PERP+0.0046%1h$6K25xas long as short
Popdex METAUSDT+0.0048%1h$173K$160K20xas long as short
tradeXYZ xyz:META+0.0050%1h$65.9M$50.9M20xas long as short
Polymarket Perps META-USD+0.0050%1h$661K$471K10xas long as short
SoDEX META-USD+0.0050%1h$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h$847K$2.8M10xas long as short
Paradex META-USD-PERP+0.0051%8h5xas long as short
Phoenix META+0.0100%1h$282K$361K20xas long as short
KuCoin METAUSDTM+0.0100%8h$1.4M$185K20xas long as short
ApeX Omni METAUSDT+0.0100%1h$133K$56K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h$1K10xas long as short
Aevo META-PERP+0.0104%1h$26110xas long as short
Injective META/USDC PERP+0.0220%1h$165K$135K30xas long as short
Aftermath Perps METAUSD+0.0230%1h$44K$47K10xas long as short
edgeX METAUSDC+0.0879%4h$61K$325K10xas long as short