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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0472%/8h= +51.7% APRpaid last 24h +0.103%
Price spread now: edgeX against BloFin+0.022%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs+$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.748%+$75 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.022%, 7d avg −0.021%
Together, before fees+0.630%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin META-USDT740.34−0.0120get 0.0120% / 8h6h 58m$326K$1.1M20x
ShortedgeX METAUSDC740.500.0352get 0.0176% / 4h2h 58m$62K$336K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$99.09
Price spread: +0.022% → −0.021%
$4.25
Slippage, 4 orders
−$13.3
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$69.04
Costs to cover
0.343%
Break-even
2.1 days
Slippage from BloFin: live order book, 4 min ago; edgeX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.14 bp8.2 bp −$814.0 bp −$140doesn't fitdoesn't fit
Sell edgeX live order book, 10 min ago5.13 bp9.8 bp −$1011.3 bp −$113doesn't fitdoesn't fit

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
Nado META-PERP−0.0204%1h740.38+0.006%$490K$527K20xas long as short
Deribit META_USDC-PERPETUAL−0.0155%1h740.00−0.046%$30K$246K10xas long as short
BloFin META-USDTlong−0.0120%8h740.34long leg$326K$1.1M20x
Aster METAUSDT0.0000%8h740.39+0.007%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h740.23−0.015%$550K$2.7M17xas long as short
Binance METAUSDT0.0000%8h740.42+0.011%$27.4M$179.9M20xas long as short
Bybit METAUSDT0.0000%8h740.57+0.031%$7.5M$14.0M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.11−0.031%$5.9M$13.3M20xas long as short
Gate META_USDT0.0000%8h740.20−0.019%$351K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h740.41+0.009%$5.6M$11.3M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h740.22−0.017%$2.4M$3.3Mas long as short
GRVT META_USDT_Perp0.0000%8h740.46+0.016%$12K$452K10xas long as short
SunX META-USDT0.0000%8h740.43+0.012%$801$9.3M20xas long as short
HTX META-USDT0.0000%8h740.21−0.018%$105K$295K30xas long as short
Phemex METAUSDT0.0000%4h740.56+0.030%$2.0M$8K10xas long as short
QFEX META-USD+0.0025%1h740.18−0.022%$2.2M$14.1M10xas long as short
Lighter RH META+0.0032%1h740.68+0.046%$753K$3.0M20xas long as short
Arcus META-USD+0.0040%1h740.01−0.045%$110K$331K10xas long as short
Vest META-USD-PERP+0.0046%1h740.83+0.066%$11K25xas long as short
Hotstuff META-PERP+0.0048%1h740.59+0.034%$33K$10520xas long as short
Popdex METAUSDT+0.0048%1h740.41+0.009%$176K$197K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.18−0.022%$558K$857K10xas long as short
SoDEX META-USD+0.0050%1h740.39+0.007%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h739.86−0.065%$693K$4.4M10xas long as short
Paradex META-USD-PERP+0.0059%8h740.39+0.007%5xas long as short
Aftermath Perps METAUSD+0.0067%1h741.00+0.090%$48K$80K10xas long as short
Lighter META+0.0080%1h740.60+0.035%$857K$2.4M20xas long as short
KuCoin METAUSDTM+0.0100%8h740.63+0.039%$1.6M$456K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.26−0.011%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.47+0.018%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.22−0.016%$26610xas long as short
Coinbase International META-PERP-INTX+0.0104%1h740.19−0.020%$610K$7.4M10xas long as short
tradeXYZ xyz:META+0.0160%1h740.58+0.032%$68.0M$121.2M20xas long as short
Injective META/USDC PERP+0.0220%1h742.82+0.335%$171K$48K30xas long as short
Phoenix META+0.0259%1h741.06+0.097%$343K$920K20xas long as short
edgeX METAUSDCshort+0.0352%4h740.50+0.022%$62K$336K10x