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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Hotstuff against ApeX Omni+0.054%7-day average · you sell dearer than you buy
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 airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.054% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni METAUSDT740.230.0100pay 0.0013% / 1h45m 23s$166K$73K50x
ShortHotstuff META-PERP740.630.0032get 0.0004% / 1h45m 23s$33K$10520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against ApeX 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
−$14.28
Price spread: +0.054% → 0.000%
$5.4
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$23.88
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 35 min ago; Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 35 min ago2.63 bp28.0 bp −$28376.6 bp −$3,766doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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%8h740.44+0.028%$328K$1.1M20xas long as short
Nado META-PERP−0.0077%1h740.37+0.018%$396K$317K20xas long as short
Aster METAUSDT0.0000%8h741.26+0.140%$458K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.36+0.017%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.51+0.038%$26.9M$177.6M20xas long as short
Bybit METAUSDT0.0000%8h740.37+0.019%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.35+0.016%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h739.88−0.047%$321K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.47+0.032%$5.8M$11.0M100xas long as short
Variational Omni META0.0000%8h740.45+0.030%$1.6M$2.6Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h740.53+0.041%$12K$516K10xas long as short
SunX META-USDT0.0000%8h740.75+0.070%$1K$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.39+0.022%$30K$256K10xas long as short
HTX META-USDT0.0000%8h740.29+0.008%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.60+0.050%$2.0M$8K10xas long as short
QFEX META-USD+0.0003%1h740.37+0.019%$2.2M$14.2M10xas long as short
Lighter RH META+0.0032%1h740.82+0.080%$744K$3.2M20xas long as short
Hotstuff META-PERPshort+0.0032%1h740.63+0.054%$33K$10520x
Arcus META-USD+0.0040%1h740.15−0.011%$263K$313K10xas long as short
Vest META-USD-PERP+0.0046%1h740.89+0.089%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.51+0.038%$178K$201K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.57+0.046%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.52+0.039%$24K$3K10xas long as short
Paradex META-USD-PERP+0.0050%8h740.30+0.009%5xas long as short
Ondo Perps META-USD.P+0.0050%1h740.02−0.028%$666K$4.0M10xas long as short
Aftermath Perps METAUSD+0.0055%1h741.36+0.152%$48K$62K10xas long as short
Coinbase International META-PERP-INTX+0.0064%1h740.90+0.091%$608K$7.3M10xas long as short
Phoenix META+0.0065%1h740.46+0.031%$291K$791K20xas long as short
Lighter META+0.0088%1h740.81+0.078%$859K$2.5M20xas long as short
KuCoin METAUSDTM+0.0100%8h740.40+0.023%$1.6M$359K20xas long as short
ApeX Omni METAUSDTlong+0.0100%1h740.23long leg$166K$73K50x
Orderly PERP_META_USDC_mythos+0.0100%8h740.55+0.043%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.42+0.026%$26710xas long as short
tradeXYZ xyz:META+0.0126%1h740.64+0.055%$68.5M$120.5M20xas long as short
Injective META/USDC PERP+0.0220%1h740.38+0.020%$168K$46K30xas long as short
edgeX METAUSDC+0.0344%4h740.53+0.040%$62K$331K10xas long as short