META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against HTX+0.004%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$360.359% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.184%−$18 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.004%, 7d avg +0.031%

Together, before fees−0.155%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.027% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX META-USDT	744.90	0	get 0.0000% / 8h	1h 14m	$106K	$308K	30x
Short	BloFin META-USDT	744.93	−0.0120	pay 0.0120% / 8h	1h 14m	$332K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$25.2
Price spread: +0.004% → +0.031%: −$2.66
Slippage, 4 orders: −$11.9
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$63.76
Costs to cover: 0.359%
Break-even: never at this rate

Slippage from HTX: live order book, 27 min ago; BloFin: live order book, 8 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 HTX live order book, 27 min ago	2.68 bp	11.3 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	0.60 bp	8.9 bp −$9	13.2 bp −$132	doesn't fit	doesn't fit

META on 37 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
BloFin META-USDTshort	−0.0120%	8h	744.93	+0.004%	$332K	$1.1M	20x
Nado META-PERP	−0.0040%	1h	744.71	−0.025%	$480K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.23	+0.045%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.60	−0.040%	$548K	$1.8M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.81	−0.012%	$24.9M	$188.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.70	−0.027%	$7.3M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.01	+0.015%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.40	−0.067%	$463K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.97	+0.009%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.70	−0.026%	$2.4M	$3.3M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.86	−0.006%	$13K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.70	−0.027%	$961	$8.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.37	−0.071%	$34K	$275K	10x	as long as short
HTX META-USDTlong	0.0000%	8h	744.90	long leg	$106K	$308K	30x
Phemex METAUSDT	0.0000%	4h	744.93	+0.004%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.57	−0.044%	$2.2M	$13.8M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.22	+0.043%	$855K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.66	−0.032%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.29	+0.052%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.90	0.000%	$177K	$203K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.34	−0.075%	$578K	$572K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.83	−0.009%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.35	−0.074%	$685K	$5.2M	10x	as long as short
Paradex META-USD-PERP	+0.0058%	8h	744.70	−0.027%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.89	+0.133%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.90	0.000%	$1.6M	$689K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.42	−0.064%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.76	−0.019%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.59	−0.042%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.73	−0.023%	$650K	$7.9M	10x	as long as short
edgeX METAUSDC	+0.0133%	4h	744.79	−0.015%	$62K	$345K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.34	+0.328%	$172K	$46K	30x	as long as short
Lighter META	+0.0360%	1h	745.38	+0.064%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERP	+0.0376%	1h	745.54	+0.086%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0489%	1h	745.32	+0.056%	$78.1M	$127.8M	20x	as long as short
Phoenix META	+0.0739%	1h	746.42	+0.204%	$797K	$1.5M	20x	as long as short
Pacifica META	+0.0800%	1h	744.96	+0.008%	$16	$103	10x	as long as short