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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 15:00 UTC−0.0065%/8h
next payment, per $10,000−$0.08paid, last 24h+0.009%paid, last 3 days−0.008%to open and closeno order book
Long on QFEXShort on Hotstuff
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX META-USD712.030.0033pay 0.0004% / 1h28m 05s$1.8M$5.3M10x
ShortHotstuff META-PERP711.41−0.0032pay 0.0004% / 1h28m 05s$32K$10520x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$13.57
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$28.57
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 7 min ago; Hotstuff: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.087%
Avg gap 7d
—
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 QFEX live order book, 7 min ago2.53 bp7.5 bp −$89.2 bp −$9220.1 bp −$2,013doesn't fit
Sell Hotstuff no order-book sample—————
Hotstuff: 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 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex METAUSDT−0.0155%4h$1.9M$4K10xas long as short
BloFin META-USDT−0.0100%8h$343K$419K20xas long as short
Hotstuff META-PERPshort−0.0032%1h$32K$10520x
Aster METAUSDT0.0000%8h$451K$78K20xas long as short
OKX META-USDT-SWAP0.0000%8h$6.1M$6.7M20xas long as short
Gate META_USDT0.0000%8h$394K$2.9M100xas long as short
Bitget METAUSDT0.0000%8h$4.8M$5.6M100xas long as short
Variational Omni META0.0000%8h$1.4M$1.9M—as long as short
SunX META-USDT0.0000%8h$917$6.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h$29K$246K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX META-USDT0.0000%8h$101K$264K30xas long as short
Bybit METAUSDT+0.0015%8h$6.6M$6.5M100xas long as short
Extended META_24_5-USD+0.0016%1h$509K$1.3M17xas long as short
Binance METAUSDT+0.0019%8h$25.7M$77.9M20xas long as short
Lighter META+0.0032%1h$702K$2.0M20xas long as short
Lighter RH META+0.0032%1h$754K$2.3M20xas long as short
QFEX META-USDlong+0.0033%1h$1.8M$5.3M10x
Nado META-PERP+0.0033%1h$441K$69K20xas long as short
Vest META-USD-PERP+0.0046%1h—$6K25xas long as short
Popdex METAUSDT+0.0048%1h$164K$148K20xas long as short
tradeXYZ xyz:META+0.0050%1h$62.7M$42.5M20xas long as short
Polymarket Perps META-USD+0.0050%1h$648K$465K10xas long as short
SoDEX META-USD+0.0050%1h$23K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h$918K$2.3M10xas long as short
Paradex META-USD-PERP+0.0055%8h——5xas long as short
Coinbase International META-PERP-INTX+0.0080%1h$683K$4.4M10xas long as short
KuCoin METAUSDTM+0.0100%8h$1.5M$122K20xas long as short
ApeX Omni METAUSDT+0.0100%1h$111K$46K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h$1K—10xas long as short
Aevo META-PERP+0.0104%1h$256—10xas long as short
Injective META/USDC PERP+0.0147%1h$162K$164K30xas long as short
Phoenix META+0.0169%1h$230K$255K20xas long as short
Aftermath Perps METAUSD+0.0255%1h$43K$48K10xas long as short
Arcus META-USD+0.0356%1h$283K$241K10xas long as short
edgeX METAUSDC+0.0732%4h$60K$324K10xas long as short