META

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.051%54s7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1411.412% of the position

Long on SunX Short on KuCoin

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)−0.112%−$11 · spread now −0.051%, 7d avg −0.049%

Together, before fees+0.098%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX META-USDT	738.53	0	get 0.0000% / 8h	4h 43m	$741	$6.7M	20x
Short	KuCoin METAUSDTM	738.15	0.0100	get 0.0100% / 8h	4h 43m	$1.6M	$942K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.051%Rate

Funding earned: $21
Price spread: −0.051% → −0.049%: −$0.23
Slippage, 4 orders: −$121.21
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$120.43
Costs to cover: 1.412%
Break-even: 47.1 days

Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 5 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 SunX live order book, 9 min ago	28.09 bp	32.1 bp −$32	61.2 bp −$612	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	5.21 bp	36.4 bp −$36	doesn't fit	doesn't fit	doesn't fit

META on 37 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	738.73	+0.027%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	738.03	−0.068%	$340K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	738.75	+0.029%	$478K	$654K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	737.92	−0.082%	$545K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	738.12	−0.056%	$25.0M	$192.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	738.06	−0.064%	$7.4M	$16.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	737.79	−0.100%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	737.76	−0.104%	$491K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	738.07	−0.062%	$5.9M	$12.5M	100x	as long as short
Variational Omni META	0.0000%	8h	737.95	−0.079%	$2.6M	$3.1M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	738.15	−0.051%	$12K	$420K	10x	as long as short
SunX META-USDTlong	0.0000%	8h	738.53	long leg	$741	$6.7M	20x
Deribit META_USDC-PERPETUAL	0.0000%	1h	737.78	−0.102%	$36K	$209K	10x	as long as short
HTX META-USDT	0.0000%	8h	737.88	−0.088%	$108K	$309K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	738.64	+0.015%	$2.0M	$9K	10x	as long as short
Lighter RH META	+0.0032%	1h	738.26	−0.037%	$854K	$2.8M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	738.36	−0.023%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	738.11	−0.057%	$177K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	737.73	−0.108%	$556K	$590K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	738.02	−0.069%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	737.44	−0.148%	$752K	$5.1M	10x	as long as short
QFEX META-USD	+0.0056%	1h	737.95	−0.079%	$2.2M	$14.0M	10x	as long as short
Nado META-PERP	+0.0061%	1h	737.75	−0.106%	$473K	$536K	20x	as long as short
Paradex META-USD-PERP	+0.0065%	8h	737.86	−0.091%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	738.63	+0.014%	$53K	$84K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0088%	1h	737.36	−0.158%	$671K	$7.4M	10x	as long as short
Pacifica META	+0.0100%	1h	738.07	−0.063%	$611	$3K	10x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	738.15	−0.051%	$1.6M	$942K	20x
ApeX Omni METAUSDT	+0.0100%	1h	737.26	−0.172%	$165K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	738.01	−0.070%	$1K	$338	10x	as long as short
Aevo META-PERP	+0.0104%	1h	737.74	−0.106%	$266	—	10x	as long as short
Arcus META-USD	+0.0209%	1h	737.68	−0.115%	$110K	$292K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.69	+0.292%	$167K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0257%	1h	737.92	−0.083%	$86.7M	$136.4M	20x	as long as short
Lighter META	+0.0288%	1h	738.27	−0.035%	$1.2M	$2.6M	20x	as long as short
edgeX METAUSDC	+0.0590%	4h	737.95	−0.078%	$62K	$352K	10x	as long as short
Phoenix META	+0.0626%	1h	738.77	+0.032%	$789K	$1.6M	20x	as long as short