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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0273%/8h= −29.8% APRnext payment $0.34 per $10,000 · paid last 24h −0.039%
Price spread now: Vest against tradeXYZ+0.061%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.061% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:META743.690.0318pay 0.0040% / 1h0m 27s$69.5M$120.3M20x
ShortVest META-USD-PERP744.140.0046get 0.0006% / 1h0m 27s$10K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against tradeXYZ. 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
−$57.24
Price spread: +0.061% → 0.000%
$6.05
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Vest: 1 bp × 2 orders
−$2
Net
−$71.19
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; Vest: no order-book sample. 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 tradeXYZ live order book, 9 min ago0.27 bp9.9 bp −$1012.0 bp −$120doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
Deribit META_USDC-PERPETUAL−0.0288%1h743.00−0.093%$31K$245K10xas long as short
BloFin META-USDT−0.0120%8h743.39−0.040%$330K$1.1M20xas long as short
Nado META-PERP−0.0038%1h743.65−0.005%$481K$550K20xas long as short
Aster METAUSDT0.0000%8h743.57−0.016%$468K$550K20xas long as short
Extended META_24_5-USD0.0000%1h743.44−0.034%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h743.66−0.004%$27.5M$179.8M20xas long as short
Bybit METAUSDT0.0000%8h743.59−0.013%$7.5M$13.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h743.86+0.023%$6.0M$13.5M20xas long as short
Gate META_USDT0.0000%8h743.21−0.065%$363K$5.7M100xas long as short
Bitget METAUSDT0.0000%8h743.65−0.005%$5.5M$11.6M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h743.28−0.055%$2.4M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h742.97−0.097%$12K$433K10xas long as short
SunX META-USDT0.0000%8h743.46−0.031%$924$9.1M20xas long as short
HTX META-USDT0.0000%8h743.39−0.040%$106K$296K30xas long as short
Phemex METAUSDT0.0000%4h743.26−0.058%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h743.83+0.019%$766K$3.0M20xas long as short
QFEX META-USD+0.0032%1h743.51−0.024%$2.1M$13.7M10xas long as short
Arcus META-USD+0.0040%1h742.74−0.128%$110K$330K10xas long as short
Vest META-USD-PERPshort+0.0046%1h744.14+0.061%$10K25x
Popdex METAUSDT+0.0048%1h743.71+0.003%$179K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h743.42−0.036%$560K$540K10xas long as short
SoDEX META-USD+0.0050%1h743.50−0.026%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h742.72−0.130%$712K$4.3M10xas long as short
Paradex META-USD-PERP+0.0064%8h743.61−0.011%5xas long as short
Aftermath Perps METAUSD+0.0077%1h743.37−0.043%$50K$82K10xas long as short
Coinbase International META-PERP-INTX+0.0096%1h743.19−0.067%$620K$7.2M10xas long as short
KuCoin METAUSDTM+0.0100%8h743.71+0.003%$1.6M$529K20xas long as short
ApeX Omni METAUSDT+0.0100%1h742.35−0.180%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h743.76+0.009%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h743.60−0.012%$26810xas long as short
edgeX METAUSDC+0.0188%4h742.88−0.109%$62K$337K10xas long as short
Injective META/USDC PERP+0.0220%1h742.07−0.218%$171K$48K30xas long as short
Lighter META+0.0248%1h743.80+0.015%$858K$2.4M20xas long as short
tradeXYZ xyz:METAlong+0.0318%1h743.69long leg$69.5M$120.3M20x
Hotstuff META-PERP+0.0328%1h743.75+0.008%$33K$10520xas long as short
Phoenix META+0.0496%1h743.55−0.019%$600K$1.1M20xas long as short