Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Aster+0.120%7-day average −0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1441.436% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.120%, 7d avg −0.091%

Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.210% dearer against Aster than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METAUSDT	747.34	0	get 0.0000% / 8h	3h 07m	$492K	$577K	20x
Short	HTX META-USDT	748.24	0	get 0.0000% / 8h	3h 07m	$107K	$304K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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 AsterbpFee HTXbpOrdersPrice spread, now +0.120%Rate

Funding earned: $0
Price spread: +0.120% → −0.091%: $21.04
Slippage, 4 orders: −$123.61
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$122.58
Costs to cover: 1.436%
Break-even: never at this rate

Slippage from Aster: live order book, 45 min ago; HTX: live order book, 44 min ago.

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 Aster live order book, 45 min ago	13.36 bp	97.1 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 44 min ago	2.69 bp	8.7 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit

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	747.56	+0.029%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0002%	1h	746.59	−0.102%	$483K	$556K	20x	as long as short
Aster METAUSDTlong	0.0000%	8h	747.34	long leg	$492K	$577K	20x
Extended META_24_5-USD	0.0000%	1h	747.64	+0.040%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	747.87	+0.070%	$28.5M	$182.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	747.83	+0.065%	$7.5M	$14.6M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	747.79	+0.060%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	747.28	−0.009%	$427K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	748.56	+0.162%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.65	+0.041%	$12K	$448K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	747.48	+0.018%	$946	$8.8M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.73	−0.082%	$31K	$252K	10x	as long as short
HTX META-USDTshort	0.0000%	8h	748.24	+0.120%	$107K	$304K	30x
Phemex METAUSDT	0.0000%	4h	747.53	+0.025%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	748.00	+0.088%	$771K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	747.39	+0.006%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.54	+0.026%	—	$11K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	747.06	−0.038%	$588K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.67	+0.043%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	747.09	−0.034%	$773K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	747.45	+0.014%	$2.2M	$13.8M	10x	as long as short
Paradex META-USD-PERP	+0.0062%	8h	747.63	+0.038%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0083%	1h	747.65	+0.041%	$52K	$82K	10x	as long as short
Bitget METAUSDT	+0.0088%	8h	747.82	+0.064%	$5.5M	$11.9M	100x	as long as short
Popdex METAUSDT	+0.0096%	1h	747.91	+0.076%	$180K	$199K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	747.76	+0.056%	$1.6M	$623K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.51	−0.112%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	747.43	+0.011%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	747.24	−0.015%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	747.28	−0.009%	$662K	$7.5M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	750.75	+0.456%	$173K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0248%	1h	748.02	+0.090%	$33K	$105	20x	as long as short
Lighter META	+0.0280%	1h	747.97	+0.084%	$903K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0338%	1h	748.02	+0.090%	$71.9M	$121.6M	20x	as long as short
Phoenix META	+0.0633%	1h	749.25	+0.255%	$800K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0974%	4h	747.99	+0.087%	$62K	$338K	10x	as long as short