Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.013%

Price spread now: Vest against Variational Omni+0.003%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Vest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni META	742.48	0	get 0.0000% / 8h	4h 37m	$2.4M	$3.1M	—
Short	Vest META-USD-PERP	742.50	0.0046	get 0.0006% / 1h	37m 01s	—	$10K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee Variational OmnibpFee VestbpOrdersPrice spread, now +0.003%Rate

Funding earned: $9.59
Price spread: +0.003% → 0.000%: $0.3
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $7.89
Costs to cover: 0.020%
Break-even: 1.2 days

Slippage unknown: Variational Omni: RFQ quote, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 2 min ago	2.74 bp	doesn't fit	20.5 bp −$205	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDT	−0.0120%	8h	742.41	−0.009%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0037%	1h	741.88	−0.081%	$480K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	742.34	−0.019%	$466K	$551K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.19	−0.038%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.42	−0.008%	$27.5M	$180.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.24	−0.032%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.29	−0.025%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.02	−0.062%	$364K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.34	−0.019%	$5.4M	$11.7M	100x	as long as short
Variational Omni METAlong	0.0000%	8h	742.48	long leg	$2.4M	$3.1M	—

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.51	+0.004%	$12K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.52	+0.006%	$984	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.77	−0.095%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.25	−0.031%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.35	−0.017%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.50	+0.003%	$768K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	742.37	−0.014%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	742.02	−0.062%	$110K	$330K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	742.50	+0.003%	—	$10K	25x
Popdex METAUSDT	+0.0048%	1h	742.35	−0.017%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.12	−0.048%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.35	−0.017%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.69	−0.106%	$710K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0062%	8h	742.16	−0.042%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.15	+0.091%	$51K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.49	+0.002%	$1.6M	$540K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.72	−0.102%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.38	−0.013%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.25	−0.031%	$267	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	742.02	−0.062%	$614K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0144%	1h	742.35	−0.017%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.47	+0.268%	$172K	$48K	30x	as long as short
Lighter META	+0.0240%	1h	742.47	−0.001%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0275%	1h	742.40	−0.010%	$69.4M	$120.3M	20x	as long as short
edgeX METAUSDC	+0.0506%	4h	742.22	−0.034%	$62K	$336K	10x	as long as short
Phoenix META	+0.0591%	1h	743.35	+0.117%	$652K	$1.2M	20x	as long as short