META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.035%

Price spread now: KuCoin against BloFin+0.003%725s7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$600as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$6406.395% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.393%+$39 on $10k

Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.003%, 7d avg −0.050%

Together, before fees+0.263%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.053% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 725 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	739.99	−0.0120	get 0.0120% / 8h	6h 37m	$327K	$1.1M	20x
Short	KuCoin METAUSDTM	740.01	0.0100	get 0.0100% / 8h	6h 37m	$1.6M	$473K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.003%Rate

Funding earned: $46.2
Price spread: +0.003% → −0.050%: $5.31
Slippage, 4 orders: −$615.53
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$588.02
Costs to cover: 6.395%
Break-even: 96.1 days

Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, 4 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, 15 min ago	0.74 bp	7.0 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	3.65 bp	585.2 bp −$585	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
Nado META-PERP	−0.0147%	1h	739.87	−0.017%	$478K	$546K	20x	as long as short
BloFin META-USDTlong	−0.0120%	8h	739.99	long leg	$327K	$1.1M	20x
Deribit META_USDC-PERPETUAL	−0.0088%	1h	739.47	−0.070%	$31K	$244K	10x	as long as short
Aster METAUSDT	0.0000%	8h	740.70	+0.096%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.76	−0.031%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.00	+0.001%	$27.3M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.88	−0.015%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.01	+0.003%	$5.9M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.57	−0.057%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.09	+0.014%	$5.5M	$11.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	739.73	−0.035%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	739.97	−0.002%	$12K	$435K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.05	+0.008%	$683	$9.2M	20x	as long as short
HTX META-USDT	0.0000%	8h	739.75	−0.032%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.05	+0.008%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	739.88	−0.015%	$2.2M	$14.0M	10x	as long as short
Lighter RH META	+0.0032%	1h	740.29	+0.041%	$750K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	739.54	−0.061%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.34	+0.047%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.04	+0.007%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.80	−0.026%	$557K	$855K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.00	+0.001%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.23	−0.103%	$697K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	739.88	−0.015%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0068%	1h	740.55	+0.075%	$49K	$80K	10x	as long as short
Lighter META	+0.0096%	1h	740.20	+0.028%	$855K	$2.4M	20x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	740.01	+0.003%	$1.6M	$473K	20x
ApeX Omni METAUSDT	+0.0100%	1h	739.68	−0.042%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.92	−0.009%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.65	−0.046%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	739.45	−0.073%	$609K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0112%	1h	740.10	+0.015%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0168%	4h	739.75	−0.032%	$62K	$335K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	739.56	−0.058%	$170K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0244%	1h	740.16	+0.023%	$68.3M	$120.3M	20x	as long as short
Phoenix META	+0.0313%	1h	740.68	+0.093%	$390K	$1.1M	20x	as long as short