Funding arb · Price arb /

META

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest−0.015%7-day average — · you buy dearer than you sell

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

Long on Vest Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest META-USD-PERP	742.29	0.0046	pay 0.0006% / 1h	25m 37s	—	$10K	25x
Short	HTX META-USDT	742.18	0	get 0.0000% / 8h	5h 25m	$106K	$296K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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 VestbpFee HTXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$9.59
Price spread: −0.015% → 0.000%: −$1.48
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.07
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: live order book, 36 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 Vest no order-book sample	—	—	—	—	—
Sell HTX live order book, 36 min ago	2.70 bp	8.7 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	742.22	−0.009%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0024%	1h	741.65	−0.086%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.77	−0.070%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.89	−0.053%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.09	−0.027%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.89	−0.054%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.12	−0.023%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.73	−0.075%	$345K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.89	−0.054%	$5.5M	$11.5M	100x	as long as short
Variational Omni META	0.0000%	8h	742.17	−0.016%	$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	742.16	−0.018%	$12K	$431K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.40	+0.015%	$1K	$9.1M	20x	as long as short
HTX META-USDTshort	0.0000%	8h	742.18	−0.015%	$106K	$296K	30x
Phemex METAUSDT	0.0000%	4h	742.55	+0.035%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.40	+0.015%	$764K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.82	−0.063%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.70	−0.079%	$110K	$330K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	742.29	long leg	—	$10K	25x
Popdex METAUSDT	+0.0048%	1h	742.01	−0.038%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.95	−0.046%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.24	−0.007%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.36	−0.125%	$721K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0067%	8h	741.80	−0.067%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0078%	1h	742.62	+0.044%	$50K	$82K	10x	as long as short
edgeX METAUSDC	+0.0086%	4h	742.47	+0.024%	$62K	$334K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	742.03	−0.035%	$624K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.19	−0.013%	$1.6M	$519K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.72	−0.077%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.23	−0.008%	$1K	$24	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0101%	1h	741.93	−0.048%	$31K	$245K	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.01	−0.037%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.40	−0.120%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0256%	1h	742.39	+0.013%	$33K	$105	20x	as long as short
Lighter META	+0.0264%	1h	742.03	−0.035%	$861K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0348%	1h	742.06	−0.031%	$69.2M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	743.31	+0.137%	$544K	$1.1M	20x	as long as short