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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.138%
Price spread now: Vest against Extended+0.042%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 airdropExtended: Active · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended META_24_5-USD740.190get 0.0000% / 1h47m 52s$549K$1.8M17x
ShortVest META-USD-PERP740.500.0046get 0.0006% / 1h47m 52s$11K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.042% → 0.000%
$4.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$6.8
Costs to cover
0.070%
Break-even
2.0 days
Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago0.54 bp5.7 bp −$638.8 bp −$388doesn'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 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
BloFin META-USDT−0.0120%8h740.33+0.019%$327K$1.1M20xas long as short
Phemex METAUSDT−0.0086%4h740.78+0.080%$2.0M$7K10xas long as short
Aster METAUSDT0.0000%8h740.94+0.102%$463K$546K20xas long as short
Extended META_24_5-USDlong0.0000%1h740.19long leg$549K$1.8M17x
Binance METAUSDT0.0000%8h740.33+0.019%$27.4M$178.9M20xas long as short
Bybit METAUSDT0.0000%8h740.30+0.015%$7.5M$13.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.20+0.002%$6.0M$13.2M20xas long as short
Gate META_USDT0.0000%8h740.03−0.021%$357K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h740.23+0.006%$5.6M$11.1M100xas long as short
Variational Omni META0.0000%8h739.73−0.062%$2.3M$3.2Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h740.20+0.002%$12K$486K10xas long as short
SunX META-USDT0.0000%8h740.28+0.012%$899$9.4M20xas long as short
HTX META-USDT0.0000%8h740.21+0.003%$106K$292K30xas long as short
Nado META-PERP+0.0025%1h739.89−0.040%$382K$335K20xas long as short
Lighter RH META+0.0032%1h740.48+0.039%$758K$3.1M20xas long as short
Vest META-USD-PERPshort+0.0046%1h740.50+0.042%$11K25x
Popdex METAUSDT+0.0048%1h740.32+0.018%$178K$194K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.15−0.005%$558K$857K10xas long as short
SoDEX META-USD+0.0050%1h740.20+0.002%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h739.58−0.082%$735K$4.3M10xas long as short
QFEX META-USD+0.0055%1h740.26+0.010%$2.2M$14.2M10xas long as short
Arcus META-USD+0.0063%1h739.77−0.057%$110K$331K10xas long as short
Paradex META-USD-PERP+0.0069%8h740.15−0.005%5xas long as short
Aftermath Perps METAUSD+0.0070%1h740.61+0.057%$50K$77K10xas long as short
Hotstuff META-PERP+0.0080%1h740.17−0.002%$33K$10520xas long as short
KuCoin METAUSDTM+0.0100%8h740.38+0.026%$1.6M$415K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.43−0.102%$166K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.37+0.025%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.20+0.002%$26610xas long as short
tradeXYZ xyz:META+0.0109%1h740.09−0.013%$67.7M$121.3M20xas long as short
Coinbase International META-PERP-INTX+0.0144%1h739.59−0.081%$601K$7.3M10xas long as short
Injective META/USDC PERP+0.0220%1h741.93+0.235%$169K$46K30xas long as short
Lighter META+0.0256%1h740.34+0.021%$856K$2.4M20xas long as short
Phoenix META+0.0259%1h740.16−0.004%$277K$930K20xas long as short
Deribit META_USDC-PERPETUAL+0.0453%1h740.52+0.045%$30K$253K10xas long as short
edgeX METAUSDC+0.0474%4h740.08−0.015%$62K$333K10xas long as short