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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Variational Omni−0.052%7-day average −0.059% · you buy dearer than you sell
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)+0.062%+$6 on $10k
Price spread, last 7 days+0.059%+$6 · spread now −0.052%, 7d avg −0.059%
Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni META741.890get 0.0000% / 8h14m 17s$2.3M$3.2M
ShortKuCoin METAUSDTM741.500.0100get 0.0100% / 8h14m 17s$1.6M$398K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$21
Price spread: −0.052% → −0.059%
$0.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$9.7
Costs to cover
0.120%
Break-even
3.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 2 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 Variational Omni RFQ quote, 5 min ago2.46 bpdoesn't fit21.3 bp −$213doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.77 bp35.1 bp −$35doesn't fitdoesn't fitdoesn't fit

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%8h741.86−0.004%$328K$1.1M20xas long as short
Nado META-PERP−0.0003%1h741.02−0.116%$385K$332K20xas long as short
Aster METAUSDT0.0000%8h741.70−0.026%$457K$540K20xas long as short
Extended META_24_5-USD0.0000%1h741.54−0.046%$549K$1.6M17xas long as short
Binance METAUSDT0.0000%8h741.68−0.028%$27.4M$180.0M20xas long as short
Bybit METAUSDT0.0000%8h741.52−0.050%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h741.52−0.050%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h741.08−0.109%$344K$5.5M100xas long as short
Bitget METAUSDT0.0000%8h741.56−0.044%$5.6M$11.4M100xas long as short
Variational Omni METAlong0.0000%8h741.89long leg$2.3M$3.2M
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h741.81−0.011%$12K$482K10xas long as short
SunX META-USDT0.0000%8h741.42−0.063%$744$9.5M20xas long as short
HTX META-USDT0.0000%8h741.54−0.047%$107K$285K30xas long as short
Phemex METAUSDT0.0000%4h741.98+0.012%$2.0M$7K10xas long as short
QFEX META-USD+0.0027%1h741.54−0.047%$2.2M$14.3M10xas long as short
Lighter RH META+0.0032%1h741.74−0.020%$756K$3.2M20xas long as short
Arcus META-USD+0.0040%1h741.22−0.090%$110K$454K10xas long as short
Vest META-USD-PERP+0.0046%1h741.61−0.037%$11K25xas long as short
Popdex METAUSDT+0.0048%1h741.60−0.039%$178K$209K20xas long as short
Polymarket Perps META-USD+0.0050%1h741.52−0.050%$550K$849K10xas long as short
SoDEX META-USD+0.0050%1h741.54−0.047%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h741.07−0.110%$759K$4.3M10xas long as short
Paradex META-USD-PERP+0.0054%8h741.43−0.061%5xas long as short
Aftermath Perps METAUSD+0.0071%1h742.52+0.086%$50K$76K10xas long as short
Coinbase International META-PERP-INTX+0.0096%1h741.24−0.087%$608K$7.4M10xas long as short
KuCoin METAUSDTMshort+0.0100%8h741.50−0.052%$1.6M$398K20x
ApeX Omni METAUSDT+0.0100%1h741.25−0.086%$166K$74K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.46−0.058%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h741.47−0.057%$26710xas long as short
Phoenix META+0.0129%1h741.77−0.016%$291K$797K20xas long as short
Hotstuff META-PERP+0.0168%1h741.57−0.043%$33K$10520xas long as short
edgeX METAUSDC+0.0179%4h741.82−0.009%$62K$333K10xas long as short
Injective META/USDC PERP+0.0220%1h741.17−0.097%$169K$46K30xas long as short
Lighter META+0.0248%1h741.80−0.012%$859K$2.6M20xas long as short
tradeXYZ xyz:META+0.0262%1h741.53−0.048%$67.7M$122.7M20xas long as short
Deribit META_USDC-PERPETUAL+0.0519%1h741.54−0.047%$30K$258K10xas long as short