Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: Bitget against Variational Omni−0.003%7-day average +0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.003%, 7d avg +0.005%

Together, before fees−0.018%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni META	738.79	0	get 0.0000% / 8h	7h 34m	$2.3M	$3.3M	—
Short	Bitget METAUSDT	738.77	0	get 0.0000% / 8h	7h 34m	$5.6M	$11.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.005%: −$0.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$12.77
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bitget: live order book, 4 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 4 min ago	2.46 bp	doesn't fit	20.5 bp −$205	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.42 bp	9.5 bp −$10	19.1 bp −$191	36.4 bp −$3,644	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
Phemex METAUSDT	−0.0154%	4h	738.98	+0.026%	$2.0M	$8K	10x	as long as short
BloFin META-USDT	−0.0120%	8h	738.83	+0.005%	$329K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	738.79	0.000%	$465K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	738.72	−0.009%	$549K	$2.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	738.82	+0.004%	$27.3M	$179.1M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	738.92	+0.018%	$7.6M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	738.79	0.000%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	738.48	−0.042%	$351K	$5.6M	100x	as long as short
Bitget METAUSDTshort	0.0000%	8h	738.77	−0.003%	$5.6M	$11.1M	100x
Variational Omni METAlong	0.0000%	8h	738.79	long leg	$2.3M	$3.3M	—

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	738.15	−0.086%	$12K	$479K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.09	+0.041%	$616	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	738.58	−0.028%	$30K	$247K	10x	as long as short
HTX META-USDT	0.0000%	8h	738.60	−0.026%	$106K	$292K	30x	as long as short
Nado META-PERP	+0.0028%	1h	738.56	−0.032%	$373K	$344K	20x	as long as short
Lighter RH META	+0.0032%	1h	739.08	+0.039%	$756K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	738.95	+0.022%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	738.84	+0.007%	$177K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	738.80	+0.001%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	738.78	−0.001%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.16	−0.085%	$692K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	738.98	+0.026%	$2.2M	$14.2M	10x	as long as short
Arcus META-USD	+0.0063%	1h	738.32	−0.064%	$110K	$331K	10x	as long as short
Paradex META-USD-PERP	+0.0068%	8h	738.69	−0.013%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	739.46	+0.091%	$48K	$80K	10x	as long as short
Hotstuff META-PERP	+0.0088%	1h	738.96	+0.023%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	738.86	+0.009%	$1.6M	$426K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	738.44	−0.047%	$165K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	738.86	+0.009%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	738.64	−0.020%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	738.49	−0.041%	$604K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0173%	1h	738.88	+0.012%	$67.4M	$121.4M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.07	+0.173%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	738.15	−0.087%	$277K	$930K	20x	as long as short
Lighter META	+0.0272%	1h	739.09	+0.041%	$850K	$2.5M	20x	as long as short
edgeX METAUSDC	+0.0801%	4h	737.90	−0.120%	$62K	$333K	10x	as long as short