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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against Coinbase International+0.040%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.040% dearer against Coinbase International than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International META-PERP-INTX741.820.0096pay 0.0012% / 1h51m 55s$610K$7.1M10x
ShortVest META-USD-PERP742.120.0046get 0.0006% / 1h51m 55s$10K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
−$10.57
Price spread: +0.040% → 0.000%
$4.04
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$18.52
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago2.16 bp7.5 bp −$810.2 bp −$102doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 35 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−0.0064%1h741.46−0.049%$479K$549K20xas long as short
Aster METAUSDT0.0000%8h741.52−0.041%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h741.62−0.027%$548K$2.7M17xas long as short
Binance METAUSDT0.0000%8h741.88+0.008%$27.3M$178.9M20xas long as short
Bybit METAUSDT0.0000%8h741.75−0.009%$7.5M$13.7M100xas long as short
OKX META-USDT-SWAP0.0000%8h741.75−0.009%$5.9M$13.3M20xas long as short
Gate META_USDT0.0000%8h741.58−0.032%$356K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h741.94+0.016%$5.4M$11.3M100xas long as short
Variational Omni META0.0000%8h741.87+0.007%$2.3M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h742.09+0.036%$12K$430K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h741.78−0.005%$780$9.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h741.45−0.050%$31K$245K10xas long as short
HTX META-USDT0.0000%8h741.59−0.031%$106K$296K30xas long as short
Phemex METAUSDT0.0000%4h742.08+0.035%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h742.03+0.028%$763K$3.0M20xas long as short
QFEX META-USD+0.0032%1h741.74−0.011%$2.1M$13.7M10xas long as short
Arcus META-USD+0.0040%1h741.38−0.059%$110K$330K10xas long as short
Vest META-USD-PERPshort+0.0046%1h742.12+0.040%$10K25x
Popdex METAUSDT+0.0048%1h741.94+0.016%$178K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h741.75−0.009%$559K$548K10xas long as short
SoDEX META-USD+0.0050%1h741.88+0.008%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h741.32−0.067%$703K$4.2M10xas long as short
Paradex META-USD-PERP+0.0056%8h741.65−0.023%5xas long as short
Aftermath Perps METAUSD+0.0071%1h742.58+0.102%$49K$81K10xas long as short
Coinbase International META-PERP-INTXlong+0.0096%1h741.82long leg$610K$7.1M10x
KuCoin METAUSDTM+0.0100%8h741.87+0.007%$1.6M$504K20xas long as short
ApeX Omni METAUSDT+0.0100%1h741.40−0.057%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.74−0.011%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h741.59−0.031%$26710xas long as short
edgeX METAUSDC+0.0192%4h741.75−0.009%$62K$335K10xas long as short
Hotstuff META-PERP+0.0216%1h741.91+0.012%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h740.66−0.156%$171K$48K30xas long as short
Lighter META+0.0224%1h742.02+0.027%$861K$2.4M20xas long as short
tradeXYZ xyz:META+0.0324%1h742.03+0.028%$68.7M$119.7M20xas long as short
Phoenix META+0.0496%1h742.71+0.120%$487K$1.1M20xas long as short