Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest−0.018%7-day average — · you buy dearer than you sell

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

Long on Vest Short on KuCoin

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 airdropVest: 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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest META-USD-PERP	742.15	0.0046	pay 0.0006% / 1h	23m 05s	—	$10K	25x
Short	KuCoin METAUSDTM	742.02	0.0100	get 0.0100% / 8h	5h 23m	$1.6M	$519K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Vest. 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 VestbpFee KuCoinbpOrdersPrice spread, now −0.018%Rate

Funding earned: $11.41
Price spread: −0.018% → 0.000%: −$1.75
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$4.34
Costs to cover: 0.140%
Break-even: 9.7 days

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 3 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	5.19 bp	63.1 bp −$63	doesn't fit	doesn't fit	doesn't fit

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	741.86	−0.039%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0020%	1h	741.43	−0.097%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.79	−0.048%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.70	−0.060%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.91	−0.032%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.92	−0.031%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	741.87	−0.038%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.63	−0.070%	$345K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.89	−0.035%	$5.5M	$11.5M	100x	as long as short
Variational Omni META	0.0000%	8h	742.17	+0.003%	$2.4M	$3.1M	—	as long as short

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	742.19	+0.006%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.97	−0.024%	$1K	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.47	−0.092%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.77	−0.051%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.47	+0.043%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.10	−0.007%	$764K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.66	−0.066%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.56	−0.079%	$110K	$330K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	742.15	long leg	—	$10K	25x
Popdex METAUSDT	+0.0048%	1h	741.91	−0.032%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.73	−0.057%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.89	−0.035%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.36	−0.106%	$721K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0067%	8h	741.74	−0.056%	—	—	5x	as long as short
edgeX METAUSDC	+0.0070%	4h	741.99	−0.022%	$62K	$335K	10x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	742.53	+0.051%	$50K	$82K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.67	−0.065%	$617K	$7.2M	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	742.02	−0.018%	$1.6M	$519K	20x
ApeX Omni METAUSDT	+0.0100%	1h	741.03	−0.151%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.85	−0.040%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.77	−0.052%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.26	−0.120%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0256%	1h	742.05	−0.013%	$33K	$105	20x	as long as short
Lighter META	+0.0264%	1h	742.05	−0.013%	$861K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0348%	1h	741.99	−0.022%	$69.2M	$120.1M	20x	as long as short
Phoenix META	+0.0496%	1h	742.80	+0.088%	$552K	$1.1M	20x	as long as short