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: SunX against KuCoin+0.052%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1571.570% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.206%+$21 · spread now +0.052%, 7d avg +0.054%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METAUSDTM	743.97	0.0100	pay 0.0100% / 8h	4h 11m	$1.6M	$553K	20x
Short	SunX META-USDT	744.36	0	get 0.0000% / 8h	4h 11m	$1K	$9.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$21
Price spread: +0.052% → +0.054%: −$0.18
Slippage, 4 orders: −$137.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$178.19
Costs to cover: 1.570%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: 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 KuCoin live order book, 5 min ago	3.43 bp	34.0 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	28.15 bp	32.1 bp −$32	61.7 bp −$617	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	744.41	+0.059%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0009%	1h	743.60	−0.050%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.65	−0.044%	$469K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.25	+0.038%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.46	+0.066%	$28.4M	$182.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.42	+0.060%	$7.7M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.28	+0.042%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.81	−0.022%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.43	+0.062%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	743.81	−0.022%	$2.4M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.01	+0.005%	$13K	$443K	10x	as long as short
SunX META-USDTshort	0.0000%	8h	744.36	+0.052%	$1K	$9.1M	20x
HTX META-USDT	0.0000%	8h	744.33	+0.048%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.24	+0.036%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.32	+0.047%	$778K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	744.03	+0.008%	$2.2M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.65	−0.043%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.98	+0.001%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.48	+0.069%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.94	−0.004%	$585K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.27	+0.040%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.45	−0.070%	$823K	$4.6M	10x	as long as short
Aftermath Perps METAUSD	+0.0081%	1h	744.48	+0.069%	$52K	$82K	10x	as long as short
Paradex META-USD-PERP	+0.0084%	8h	744.20	+0.031%	—	—	5x	as long as short
KuCoin METAUSDTMlong	+0.0100%	8h	743.97	long leg	$1.6M	$553K	20x
ApeX Omni METAUSDT	+0.0100%	1h	743.11	−0.116%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.40	+0.058%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.22	+0.034%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.76	−0.028%	$615K	$7.3M	10x	as long as short
Hotstuff META-PERP	+0.0176%	1h	743.96	−0.001%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.67	+0.363%	$172K	$48K	30x	as long as short
Lighter META	+0.0280%	1h	744.30	+0.044%	$866K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0288%	1h	744.24	+0.036%	$69.7M	$120.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0355%	1h	743.92	−0.007%	$31K	$246K	10x	as long as short
edgeX METAUSDC	+0.0485%	4h	743.87	−0.013%	$62K	$338K	10x	as long as short
Phoenix META	+0.0591%	1h	744.75	+0.105%	$709K	$1.2M	20x	as long as short