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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.123%
Price spread now: Extended against Aevo−0.042%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.042% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP741.070.0104pay 0.0013% / 1h32m 24s$26710x
ShortExtended META_24_5-USD740.770get 0.0000% / 1h32m 24s$561K$1.5M17x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. 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
−$21.84
Price spread: −0.042% → 0.000%
−$4.16
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$47
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: 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 Aevo no order-book sample
Sell Extended live order book, 2 min ago0.54 bp5.5 bp −$635.7 bp −$357doesn't fitdoesn't fit
Aevo: 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
BloFin META-USDT−0.0120%8h741.07−0.001%$332K$1.1M20xas long as short
Aster METAUSDT0.0000%8h741.70+0.084%$456K$534K20xas long as short
Extended META_24_5-USDshort0.0000%1h740.77−0.042%$561K$1.5M17x
Binance METAUSDT0.0000%8h740.87−0.028%$27.4M$175.1M20xas long as short
Bybit METAUSDT0.0000%8h741.10+0.003%$7.6M$13.7M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.77−0.041%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h740.63−0.060%$328K$5.3M100xas long as short
Bitget METAUSDT0.0000%8h740.86−0.029%$6.1M$10.4M100xas long as short
Variational Omni META0.0000%8h741.36+0.038%$1.7M$2.4Mas long as short
GRVT META_USDT_Perp0.0000%8h741.22+0.020%$12K$547K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h741.02−0.007%$777$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.93−0.019%$30K$255K10xas long as short
HTX META-USDT0.0000%8h740.80−0.037%$105K$282K30xas long as short
Phemex METAUSDT0.0000%4h741.45+0.051%$2.0M$7K10xas long as short
Nado META-PERP+0.0026%1h740.76−0.043%$349K$286K20xas long as short
Lighter RH META+0.0032%1h741.17+0.013%$737K$3.2M20xas long as short
Phoenix META+0.0032%1h741.32+0.033%$304K$774K20xas long as short
QFEX META-USD+0.0037%1h741.03−0.006%$2.2M$14.1M10xas long as short
Vest META-USD-PERP+0.0046%1h741.37+0.040%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.87−0.028%$177K$200K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.89−0.025%$540K$836K10xas long as short
SoDEX META-USD+0.0050%1h741.03−0.006%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h740.50−0.078%$716K$3.8M10xas long as short
Paradex META-USD-PERP+0.0053%8h740.92−0.022%5xas long as short
Aftermath Perps METAUSD+0.0061%1h741.75+0.091%$37K$52K10xas long as short
Coinbase International META-PERP-INTX+0.0072%1h741.22+0.020%$618K$7.3M10xas long as short
KuCoin METAUSDTM+0.0100%8h740.84−0.032%$1.6M$316K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.91−0.022%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.33+0.034%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h741.07long leg$26710x
tradeXYZ xyz:META+0.0193%1h740.90−0.024%$69.4M$118.9M20xas long as short
Lighter META+0.0216%1h741.23+0.021%$861K$2.6M20xas long as short
Injective META/USDC PERP+0.0220%1h740.53−0.073%$171K$47K30xas long as short
Arcus META-USD+0.0224%1h740.82−0.034%$263K$313K10xas long as short
Hotstuff META-PERP+0.0232%1h740.87−0.028%$33K$10520xas long as short
edgeX METAUSDC+0.0832%4h741.23+0.021%$62K$327K10xas long as short