Funding arb · Price arb /

META

RWAall META markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest−0.011%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 SunX

What this pair did over the last

the charts below follow

Funding, last 4 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	741.03	0.0046	pay 0.0006% / 1h	44m 10s	—	$11K	25x
Short	SunX META-USDT	740.95	0	get 0.0000% / 8h	5h 44m	$1K	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$9.59
Price spread: −0.011% → 0.000%: −$1.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$20.67
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	28.08 bp	32.1 bp −$32	61.7 bp −$617	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 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	739.96	−0.144%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0120%	8h	740.88	−0.020%	$338K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.00	−0.004%	$492K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.64	−0.052%	$545K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.95	−0.011%	$25.8M	$192.6M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.61	−0.057%	$7.5M	$16.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.81	−0.030%	$6.0M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.49	−0.073%	$457K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.89	−0.019%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.35	−0.092%	$2.5M	$3.0M	—	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	741.05	+0.002%	$12K	$431K	10x	as long as short
SunX META-USDTshort	0.0000%	8h	740.95	−0.011%	$1K	$7.3M	20x
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.48	−0.074%	$36K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.62	−0.055%	$107K	$299K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.33	+0.040%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	741.12	+0.012%	$870K	$2.8M	20x	as long as short
QFEX META-USD	+0.0038%	1h	740.52	−0.069%	$2.2M	$14.0M	10x	as long as short
Arcus META-USD	+0.0040%	1h	740.40	−0.085%	$111K	$284K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	741.03	long leg	—	$11K	25x
Polymarket Perps META-USD	+0.0050%	1h	740.40	−0.085%	$558K	$612K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.75	−0.038%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.72	−0.177%	$713K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0053%	8h	740.54	−0.066%	—	—	5x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	740.14	−0.120%	$648K	$7.6M	10x	as long as short
Aftermath Perps METAUSD	+0.0074%	1h	741.09	+0.008%	$53K	$86K	10x	as long as short
Popdex METAUSDT	+0.0080%	1h	740.78	−0.034%	$178K	$201K	20x	as long as short
Pacifica META	+0.0100%	1h	740.26	−0.104%	$604	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.90	−0.018%	$1.6M	$882K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.35	−0.092%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.74	−0.039%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.53	−0.068%	$267	—	10x	as long as short
Nado META-PERP	+0.0110%	1h	740.37	−0.089%	$475K	$552K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	743.75	+0.367%	$168K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0286%	1h	740.91	−0.016%	$86.0M	$135.5M	20x	as long as short
Lighter META	+0.0352%	1h	741.13	+0.013%	$1.2M	$2.7M	20x	as long as short
edgeX METAUSDC	+0.0604%	4h	740.81	−0.030%	$62K	$350K	10x	as long as short
Phoenix META	+0.0613%	1h	741.71	+0.092%	$792K	$1.5M	20x	as long as short