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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0107%/8h= −11.7% APRnext payment $0.13 per $10,000 · paid last 24h −0.021%
Price spread now: Nado against Aevo−0.018%50s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: 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: −$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo META-PERP746.210.0104pay 0.0013% / 1h16m 34s$26910x
ShortNado META-PERP746.08−0.0003pay 0.0000% / 1h16m 34s$482K$554K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$22.43
Price spread: −0.018% → 0.000%
−$1.78
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$47.21
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 36 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 Nado live order book, 36 min ago0.67 bp5.1 bp −$513.2 bp −$132doesn'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%8h746.35+0.019%$330K$1.1M20xas long as short
Nado META-PERPshort−0.0003%1h746.08−0.018%$482K$554K20x
Aster METAUSDT0.0000%8h746.67+0.061%$492K$577K20xas long as short
Extended META_24_5-USD0.0000%1h746.41+0.027%$554K$2.7M17xas long as short
Binance METAUSDT0.0000%8h746.55+0.045%$28.5M$182.5M20xas long as short
Bybit METAUSDT0.0000%8h746.50+0.039%$7.5M$14.5M100xas long as short
OKX META-USDT-SWAP0.0000%8h746.53+0.043%$6.0M$13.3M20xas long as short
Gate META_USDT0.0000%8h745.87−0.046%$380K$5.8M100xas long as short
Variational Omni META0.0000%8h746.33+0.016%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h746.41+0.027%$12K$452K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h746.34+0.017%$786$8.9M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h745.84−0.050%$31K$247K10xas long as short
HTX META-USDT0.0000%8h746.07−0.019%$106K$303K30xas long as short
Phemex METAUSDT0.0000%4h746.56+0.047%$2.0M$8K10xas long as short
Bitget METAUSDT+0.0025%8h746.53+0.043%$5.5M$11.8M100xas long as short
Lighter RH META+0.0032%1h746.77+0.075%$783K$2.9M20xas long as short
Arcus META-USD+0.0040%1h745.91−0.040%$111K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h746.55+0.045%$10K25xas long as short
Polymarket Perps META-USD+0.0050%1h746.04−0.023%$587K$565K10xas long as short
SoDEX META-USD+0.0050%1h746.35+0.019%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h745.39−0.110%$787K$4.6M10xas long as short
QFEX META-USD+0.0058%1h746.43+0.029%$2.2M$13.8M10xas long as short
Paradex META-USD-PERP+0.0058%8h746.44+0.031%5xas long as short
Aftermath Perps METAUSD+0.0084%1h746.58+0.049%$52K$82K10xas long as short
Popdex METAUSDT+0.0088%1h746.55+0.045%$180K$200K20xas long as short
KuCoin METAUSDTM+0.0100%8h746.60+0.052%$1.6M$618K20xas long as short
ApeX Omni METAUSDT+0.0100%1h745.41−0.107%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h746.31+0.013%$1K$2410xas long as short
Aevo META-PERPlong+0.0104%1h746.21long leg$26910x
Coinbase International META-PERP-INTX+0.0128%1h745.72−0.066%$638K$7.5M10xas long as short
Injective META/USDC PERP+0.0220%1h748.48+0.304%$173K$48K30xas long as short
Hotstuff META-PERP+0.0232%1h746.42+0.028%$33K$10520xas long as short
Lighter META+0.0272%1h746.79+0.078%$867K$2.4M20xas long as short
tradeXYZ xyz:META+0.0317%1h746.69+0.064%$70.9M$121.2M20xas long as short
edgeX METAUSDC+0.0407%4h746.35+0.018%$62K$338K10xas long as short
Phoenix META+0.0633%1h747.26+0.140%$798K$1.4M20xas long as short