META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against KuCoin−0.045%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1451.452% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.045%, 7d avg +0.020%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.064% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	740.67	0.0100	pay 0.0100% / 8h	6h 59m	$1.6M	$456K	20x
Short	HTX META-USDT	740.34	0	get 0.0000% / 8h	6h 59m	$105K	$295K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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 KuCoinbpFee HTXbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$21
Price spread: −0.045% → +0.020%: −$6.41
Slippage, 4 orders: −$121.23
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$172.63
Costs to cover: 1.452%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; HTX: live order book, 7 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 KuCoin live order book, 6 min ago	7.56 bp	64.7 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	2.84 bp	9.6 bp −$10	19.6 bp −$196	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
BloFin META-USDT	−0.0120%	8h	740.39	−0.038%	$326K	$1.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	−0.0115%	1h	740.03	−0.086%	$30K	$246K	10x	as long as short
Nado META-PERP	−0.0104%	1h	740.35	−0.043%	$491K	$525K	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.38	−0.039%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.31	−0.049%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.50	−0.023%	$27.4M	$179.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.66	−0.001%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.25	−0.057%	$6.0M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.28	−0.053%	$351K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.52	−0.020%	$5.6M	$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	740.22	−0.061%	$2.4M	$3.3M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.87	+0.027%	$13K	$453K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.58	−0.012%	$821	$9.3M	20x	as long as short
HTX META-USDTshort	0.0000%	8h	740.34	−0.045%	$105K	$295K	30x
Phemex METAUSDT	0.0000%	4h	740.52	−0.020%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	740.70	+0.004%	$753K	$3.2M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.87	+0.027%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.41	−0.035%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.28	−0.053%	$558K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.48	−0.026%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.97	−0.095%	$693K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	740.20	−0.063%	$2.2M	$14.1M	10x	as long as short
Paradex META-USD-PERP	+0.0059%	8h	740.33	−0.046%	—	—	5x	as long as short
Arcus META-USD	+0.0063%	1h	740.06	−0.082%	$110K	$331K	10x	as long as short
Hotstuff META-PERP	+0.0064%	1h	740.46	−0.028%	$33K	$105	20x	as long as short
Aftermath Perps METAUSD	+0.0067%	1h	740.98	+0.042%	$48K	$80K	10x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	740.67	long leg	$1.6M	$456K	20x
ApeX Omni METAUSDT	+0.0100%	1h	740.26	−0.055%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.49	−0.024%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.32	−0.047%	$267	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	740.19	−0.065%	$610K	$7.4M	10x	as long as short
tradeXYZ xyz:META	+0.0164%	1h	740.59	−0.011%	$67.9M	$121.1M	20x	as long as short
Lighter META	+0.0184%	1h	740.67	0.000%	$857K	$2.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.82	+0.290%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	741.55	+0.119%	$339K	$930K	20x	as long as short
edgeX METAUSDC	+0.0352%	4h	740.50	−0.023%	$62K	$336K	10x	as long as short