META

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.014%

Price spread now: Lighter RH against Aevo+0.035%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Lighter RH is 0.035% dearer against Aevo than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo META-PERP	739.92	0.0104	pay 0.0013% / 1h	43m 58s	$266	—	10x
Short	Lighter RH META	740.18	0.0032	get 0.0004% / 1h	43m 58s	$750K	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aevo. 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 AevobpFee Lighter RHbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$15.12
Price spread: +0.035% → 0.000%: $3.46
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$27.66
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Lighter RH: 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 Aevo no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 4 min ago	1.76 bp	2.3 bp −$2	5.0 bp −$50	40.6 bp −$4,056	doesn't fit

Aevo: 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
Nado META-PERP	−0.0156%	1h	739.80	−0.016%	$478K	$546K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.99	+0.009%	$327K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.61	+0.093%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.95	+0.004%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.15	+0.030%	$27.4M	$179.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.05	+0.017%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.18	+0.035%	$5.9M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.88	−0.006%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.17	+0.033%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.01	+0.012%	$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	740.09	+0.022%	$13K	$446K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.42	+0.067%	$648	$9.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.68	−0.033%	$31K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.07	+0.020%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.27	+0.047%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	740.02	+0.013%	$2.2M	$14.0M	10x	as long as short
Lighter RH METAshort	+0.0032%	1h	740.18	+0.035%	$750K	$3.0M	20x
Arcus META-USD	+0.0040%	1h	739.73	−0.026%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.25	+0.044%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.28	+0.048%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.08	+0.021%	$557K	$855K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.13	+0.028%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.46	−0.063%	$692K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	739.98	+0.007%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0068%	1h	740.79	+0.116%	$49K	$80K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.14	+0.029%	$1.6M	$465K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.43	−0.067%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.17	+0.033%	$1K	$24	10x	as long as short
Aevo META-PERPlong	+0.0104%	1h	739.92	long leg	$266	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	740.05	+0.017%	$610K	$7.3M	10x	as long as short
Lighter META	+0.0112%	1h	740.11	+0.025%	$856K	$2.4M	20x	as long as short
Hotstuff META-PERP	+0.0120%	1h	740.34	+0.056%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.52	+0.351%	$171K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0260%	1h	740.22	+0.040%	$68.3M	$120.4M	20x	as long as short
Phoenix META	+0.0313%	1h	740.77	+0.114%	$373K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0828%	4h	739.94	+0.002%	$62K	$336K	10x	as long as short