Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.036%

Price spread now: Aevo against BloFin−0.077%53s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.077% cheaper against BloFin than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin META-USDT	743.43	−0.0120	get 0.0120% / 8h	38m 04s	$329K	$1.1M	20x
Short	Aevo META-PERP	742.86	0.0104	get 0.0013% / 1h	38m 04s	$267	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.077%Rate

Funding earned: $47.04
Price spread: −0.077% → 0.000%: −$7.67
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $11.37
Costs to cover: 0.280%
Break-even: 5.3 days

Slippage unknown: BloFin: live order book, 4 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 4 min ago	0.13 bp	7.7 bp −$8	11.1 bp −$111	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin META-USDTlong	−0.0120%	8h	743.43	long leg	$329K	$1.1M	20x
Nado META-PERP	−0.0073%	1h	742.94	−0.066%	$391K	$329K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.32	−0.015%	$459K	$537K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.78	−0.087%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.91	−0.070%	$27.4M	$179.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.74	−0.093%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.91	−0.070%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.40	−0.139%	$346K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.76	−0.090%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	743.32	−0.015%	$2.3M	$3.2M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	743.64	+0.028%	$12K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.79	−0.086%	$1K	$9.5M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.64	−0.106%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.51	+0.011%	$2.0M	$7K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0006%	1h	742.49	−0.126%	$30K	$257K	10x	as long as short
QFEX META-USD	+0.0027%	1h	742.69	−0.100%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	742.91	−0.070%	$756K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	742.35	−0.145%	$110K	$472K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.29	−0.019%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.90	−0.071%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.79	−0.086%	$543K	$841K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.84	−0.079%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	742.28	−0.155%	$769K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	742.75	−0.092%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0062%	1h	743.70	+0.037%	$49K	$75K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	743.28	−0.020%	$610K	$7.4M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.74	−0.093%	$1.6M	$380K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.98	−0.061%	$166K	$74K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.87	−0.075%	$1K	$24	10x	as long as short
Aevo META-PERPshort	+0.0104%	1h	742.86	−0.077%	$267	—	10x
Lighter META	+0.0128%	1h	742.86	−0.077%	$859K	$2.6M	20x	as long as short
Phoenix META	+0.0129%	1h	743.86	+0.058%	$293K	$797K	20x	as long as short
Hotstuff META-PERP	+0.0144%	1h	742.88	−0.074%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.83	+0.323%	$170K	$46K	30x	as long as short
tradeXYZ xyz:META	+0.0232%	1h	742.91	−0.070%	$67.6M	$122.3M	20x	as long as short
edgeX METAUSDC	+0.0710%	4h	743.35	−0.010%	$62K	$331K	10x	as long as short