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

META

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC+0.0050%/8h
paid, last 24h+0.050%paid, last 7 days+0.176%to open and close $10k−$107
Long on PhemexShort on tradeXYZ
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex METAUSDT742.100get 0.0000% / 4h2h 02m$2.0M$5K10x
ShorttradeXYZ xyz:META741.900.0050get 0.0006% / 1h2m 34s$70.3M$69.4M20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$10.5
Slippage, 4 orders
−$77.03
Fee Phemex: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$96.53
Break-even
71.4 days
Slippage from Phemex: live order book, 2 min ago; tradeXYZ: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.027%
Avg gap 7d
−0.059%
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 ago2.56 bp38.2 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.07 bp9.1 bp −$99.5 bp −$95doesn't fitdoesn't fit

META on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin META-USDT−0.0022%8h$332K$928K20xas long as short
Aster METAUSDT0.0000%8h$457K$193K20xas long as short
Extended META_24_5-USD0.0000%1h$552K$1.4M17xas long as short
Binance METAUSDT0.0000%8h$26.5M$137.6M20xas long as short
Bybit METAUSDT0.0000%8h$7.9M$10.4M100xas long as short
OKX META-USDT-SWAP0.0000%8h$5.9M$10.8M20xas long as short
Gate META_USDT0.0000%8h$342K$4.4M100xas long as short
Bitget METAUSDT0.0000%8h$5.7M$8.9M100xas long as short
Variational Omni META0.0000%8h$1.5M$2.2M—as long as short
SunX META-USDT0.0000%8h$969$9.3M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit META_USDC-PERPETUAL0.0000%1h$28K$266K10xas long as short
HTX META-USDT0.0000%8h$105K$280K30xas long as short
Phemex METAUSDTlong0.0000%4h$2.0M$5K10x
Nado META-PERP+0.0004%1h$393K$173K20xas long as short
QFEX META-USD+0.0020%1h$1.9M$10.4M10xas long as short
Lighter RH META+0.0032%1h$709K$2.8M20xas long as short
Vest META-USD-PERP+0.0046%1h—$9K25xas long as short
Popdex METAUSDT+0.0048%1h$172K$183K20xas long as short
Coinbase International META-PERP-INTX+0.0048%1h$646K$6.3M10xas long as short
tradeXYZ xyz:METAshort+0.0050%1h$70.3M$69.4M20x
Polymarket Perps META-USD+0.0050%1h$672K$484K10xas long as short
SoDEX META-USD+0.0050%1h$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h$739K$3.3M10xas long as short
Paradex META-USD-PERP+0.0051%8h——5xas long as short
Phoenix META+0.0055%1h$274K$513K20xas long as short
Lighter META+0.0072%1h$856K$2.5M20xas long as short
KuCoin METAUSDTM+0.0100%8h$1.6M$266K20xas long as short
ApeX Omni METAUSDT+0.0100%1h$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h$1K—10xas long as short
Hotstuff META-PERP+0.0104%1h$33K$10520xas long as short
Aevo META-PERP+0.0104%1h$267—10xas long as short
Injective META/USDC PERP+0.0220%1h$169K$101K30xas long as short
Aftermath Perps METAUSD+0.0288%1h$44K$45K10xas long as short
Arcus META-USD+0.0325%1h$270K$302K10xas long as short
edgeX METAUSDC+0.0664%4h$62K$327K10xas long as short