META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: Binance against BloFin−0.015%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.015%, 7d avg 0.000%

Together, before fees+0.185%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin META-USDT	746.67	−0.0120	get 0.0120% / 8h	5m 07s	$334K	$1.1M	20x
Short	Binance METAUSDT	746.56	0	get 0.0000% / 8h	5m 07s	$25.4M	$189.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.015%Rate

Funding earned: $25.2
Price spread: −0.015% → 0.000%: −$1.51
Slippage, 4 orders: −$4.86
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.17
Costs to cover: 0.269%
Break-even: 7.9 days

Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 8 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 BloFin live order book, 2 min ago	1.67 bp	7.7 bp −$8	12.0 bp −$120	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.07 bp	5.1 bp −$5	9.7 bp −$97	37.1 bp −$3,711	doesn't fit

META on 37 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	746.67	long leg	$334K	$1.1M	20x
Aster METAUSDT	0.0000%	8h	746.56	−0.015%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.41	−0.035%	$548K	$3.4M	17x	as long as short
Binance METAUSDTshort	0.0000%	8h	746.56	−0.015%	$25.4M	$189.7M	20x
Bybit METAUSDT	0.0000%	8h	746.78	+0.015%	$7.5M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	746.58	−0.012%	$6.0M	$12.8M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.25	−0.056%	$473K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	746.53	−0.019%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	746.51	−0.021%	$2.5M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.79	+0.016%	$12K	$439K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	746.54	−0.017%	$929	$8.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.23	−0.059%	$34K	$276K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.45	−0.029%	$108K	$311K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.25	+0.078%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0015%	1h	746.03	−0.086%	$481K	$560K	20x	as long as short
QFEX META-USD	+0.0031%	1h	746.43	−0.032%	$2.2M	$14.1M	10x	as long as short
Lighter RH META	+0.0040%	1h	746.88	+0.028%	$797K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	746.51	−0.021%	$112K	$338K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.15	+0.064%	—	$12K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	746.21	−0.062%	$567K	$621K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	746.55	−0.016%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	745.93	−0.099%	$734K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	746.52	−0.020%	—	—	5x	as long as short
Popdex METAUSDT	+0.0072%	1h	746.59	−0.011%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.44	+0.104%	$49K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	746.75	+0.011%	$633	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.78	+0.015%	$1.6M	$729K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.01	−0.088%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	746.67	0.000%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	746.47	−0.027%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	746.79	+0.016%	$651K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.54	+0.384%	$177K	$51K	30x	as long as short
Lighter META	+0.0448%	1h	747.10	+0.058%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	747.00	+0.044%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0471%	4h	746.62	−0.006%	$62K	$345K	10x	as long as short
tradeXYZ xyz:META	+0.0563%	1h	747.21	+0.072%	$83.7M	$131.7M	20x	as long as short
Phoenix META	+0.0750%	1h	747.82	+0.154%	$798K	$1.5M	20x	as long as short