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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.058%
Price spread now: Ondo Perps against Extended−0.031%7-day average −0.062% · you buy dearer than you sell
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 7 days−0.035%−$4 on $10k
Price spread, last 7 days+0.679%+$68 · spread now −0.031%, 7d avg −0.062%
Together, before fees+0.644%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.031% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended META_24_5-USD744.830get 0.0000% / 1h26m 08s$548K$1.8M17x
ShortOndo Perps META-USD.P744.600.0050get 0.0006% / 1h26m 08s$685K$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
$10.58
Price spread: −0.031% → −0.062%
$3.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$3.71
Costs to cover
0.100%
Break-even
4.5 days
Slippage unknown: Extended: live order book, 2 min ago; Ondo Perps: 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 Extended live order book, 2 min ago0.34 bp5.7 bp −$627.4 bp −$274doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 37 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
BloFin META-USDT−0.0120%8h745.00+0.023%$333K$1.1M20xas long as short
Nado META-PERP−0.0045%1h744.88+0.006%$480K$559K20xas long as short
Aster METAUSDT0.0000%8h745.15+0.043%$479K$593K20xas long as short
Extended META_24_5-USDlong0.0000%1h744.83long leg$548K$1.8M17x
Binance METAUSDT0.0000%8h744.96+0.018%$25.0M$188.2M20xas long as short
Bybit METAUSDT0.0000%8h744.81−0.003%$7.3M$15.4M100xas long as short
OKX META-USDT-SWAP0.0000%8h744.95+0.016%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.43−0.054%$460K$6.2M100xas long as short
Bitget METAUSDT0.0000%8h745.03+0.027%$5.6M$12.4M100xas long as short
Variational Omni META0.0000%8h744.51−0.042%$2.4M$3.3Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h744.76−0.010%$12K$439K10xas long as short
SunX META-USDT0.0000%8h744.90+0.009%$699$8.2M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.45−0.051%$34K$275K10xas long as short
HTX META-USDT0.0000%8h744.79−0.006%$106K$308K30xas long as short
Phemex METAUSDT0.0000%4h744.97+0.019%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h744.72−0.015%$2.2M$14.0M10xas long as short
Lighter RH META+0.0032%1h745.31+0.064%$787K$2.9M20xas long as short
Arcus META-USD+0.0040%1h744.61−0.030%$112K$339K10xas long as short
Vest META-USD-PERP+0.0046%1h745.55+0.097%$12K25xas long as short
Popdex METAUSDT+0.0048%1h744.99+0.021%$177K$203K20xas long as short
Polymarket Perps META-USD+0.0050%1h744.54−0.039%$586K$564K10xas long as short
SoDEX META-USD+0.0050%1h744.97+0.019%$25K$3K10xas long as short
Ondo Perps META-USD.Pshort+0.0050%1h744.60−0.031%$685K$5.3M10x
Paradex META-USD-PERP+0.0060%8h744.84+0.001%5xas long as short
Aftermath Perps METAUSD+0.0085%1h745.90+0.144%$52K$80K10xas long as short
KuCoin METAUSDTM+0.0100%8h744.92+0.012%$1.6M$682K20xas long as short
ApeX Omni METAUSDT+0.0100%1h744.47−0.048%$167K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h744.92+0.012%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h744.76−0.010%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h744.73−0.014%$650K$8.0M10xas long as short
Injective META/USDC PERP+0.0220%1h746.56+0.232%$172K$46K30xas long as short
Lighter META+0.0360%1h745.47+0.086%$1.1M$2.7M20xas long as short
Hotstuff META-PERP+0.0360%1h745.36+0.071%$33K$10520xas long as short
edgeX METAUSDC+0.0412%4h744.66−0.023%$62K$342K10xas long as short
tradeXYZ xyz:META+0.0486%1h745.40+0.076%$77.6M$127.8M20xas long as short
Phoenix META+0.0739%1h746.25+0.190%$797K$1.5M20xas long as short
Pacifica META+0.0800%1h745.02+0.026%$13$46as long as short