Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Aster against Bitget+0.061%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$920.924% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.061%, 7d avg +0.072%

Together, before fees−0.235%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METAUSDT	740.45	0	get 0.0000% / 8h	2h 09m	$5.8M	$11.0M	100x
Short	Aster METAUSDT	740.90	0	get 0.0000% / 8h	2h 09m	$457K	$536K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → +0.072%: −$1.16
Slippage, 4 orders: −$72.4
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$93.56
Costs to cover: 0.924%
Break-even: never at this rate

Slippage from Bitget: live order book, 9 min ago; Aster: live order book, 13 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 Bitget live order book, 9 min ago	0.54 bp	8.9 bp −$9	19.2 bp −$192	34.0 bp −$3,399	doesn't fit
Sell Aster live order book, 13 min ago	10.12 bp	27.0 bp −$27	doesn't fit	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	740.31	−0.019%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0108%	1h	740.39	−0.009%	$397K	$317K	20x	as long as short
Hotstuff META-PERP	−0.0048%	1h	740.70	+0.034%	$33K	$105	20x	as long as short
Aster METAUSDTshort	0.0000%	8h	740.90	+0.061%	$457K	$536K	20x
Extended META_24_5-USD	0.0000%	1h	740.38	−0.010%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.47	+0.002%	$26.9M	$177.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.37	−0.011%	$7.4M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.31	−0.019%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.01	−0.059%	$318K	$5.4M	100x	as long as short
Bitget METAUSDTlong	0.0000%	8h	740.45	long leg	$5.8M	$11.0M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	740.48	+0.005%	$1.6M	$2.5M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.37	−0.011%	$12K	$525K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.00	+0.074%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.52	+0.009%	$30K	$256K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.31	−0.019%	$105K	$283K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.50	+0.007%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0012%	1h	740.28	−0.023%	$2.2M	$14.2M	10x	as long as short
Lighter META	+0.0032%	1h	740.69	+0.032%	$859K	$2.6M	20x	as long as short
Lighter RH META	+0.0032%	1h	740.72	+0.036%	$740K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.17	−0.038%	$263K	$313K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.99	+0.073%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.48	+0.004%	$177K	$200K	20x	as long as short
tradeXYZ xyz:META	+0.0050%	1h	740.71	+0.035%	$68.5M	$120.5M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.60	+0.020%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.46	+0.001%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.13	−0.043%	$641K	$4.0M	10x	as long as short
Paradex META-USD-PERP	+0.0050%	8h	740.32	−0.017%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0053%	1h	740.99	+0.074%	$45K	$61K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0080%	1h	740.26	−0.026%	$607K	$7.3M	10x	as long as short
Phoenix META	+0.0097%	1h	740.50	+0.007%	$291K	$782K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.36	−0.012%	$1.6M	$354K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.32	−0.018%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.42	−0.004%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.33	−0.016%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.25	−0.027%	$168K	$46K	30x	as long as short
edgeX METAUSDC	+0.0274%	4h	740.35	−0.013%	$62K	$331K	10x	as long as short