Funding you earn now, next payment 01:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.014%
Price spread now: Bybit against Aftermath Perps−0.207%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.207% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | Aftermath Perps METAUSD | 739.20 | 0.0070 | pay 0.0009% / 1h | 40m 31s | $48K | $80K | 10x |
| Short | Bybit METAUSDT | 737.67 | 0 | get 0.0000% / 8h | 7h 40m | $7.6M | $13.9M | 100x |
Aftermath Perps METAUSD
Bybit METAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.62
- Price spread: −0.207% → 0.000%
- −$20.65
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$55.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 3 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.27 bp | 5.8 bp −$6 | 15.9 bp −$159 | doesn't fit | doesn't fit |
Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | −0.0400% | 4h | 739.52 | +0.044% | $2.0M | $7K | 10x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 738.97 | −0.031% | $327K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 738.87 | −0.044% | $463K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 737.96 | −0.167% | $547K | $2.2M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 737.75 | −0.196% | $27.1M | $179.0M | 20x | as long as short |
| Bybit METAUSDTshort | 0.0000% | 8h | 737.67 | −0.207% | $7.6M | $13.9M | 100x | |
| OKX META-USDT-SWAP | 0.0000% | 8h | 737.45 | −0.236% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 738.11 | −0.147% | $356K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 737.87 | −0.179% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 738.89 | −0.041% | $2.3M | $3.3M | — | as long as short |
Phemex METAUSDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 739.31 | +0.015% | $12K | $479K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 738.64 | −0.075% | $821 | $9.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 737.98 | −0.165% | $30K | $250K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 738.12 | −0.146% | $106K | $292K | 30x | as long as short |
| Nado META-PERP | +0.0030% | 1h | 737.65 | −0.209% | $372K | $343K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 738.08 | −0.151% | $755K | $3.1M | 20x | as long as short |
| Hotstuff META-PERP | +0.0032% | 1h | 738.27 | −0.125% | $33K | $105 | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 738.12 | −0.146% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 737.66 | −0.208% | $177K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 737.40 | −0.243% | $555K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 738.29 | −0.123% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 736.88 | −0.313% | $686K | $4.3M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 738.19 | −0.136% | $2.2M | $14.2M | 10x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 738.62 | −0.078% | $110K | $331K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0067% | 8h | 737.79 | −0.190% | — | — | 5x | as long as short |
| Aftermath Perps METAUSDlong | +0.0070% | 1h | 739.20 | long leg | $48K | $80K | 10x | |
| KuCoin METAUSDTM | +0.0100% | 8h | 738.34 | −0.116% | $1.6M | $421K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.11 | −0.012% | $166K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 738.63 | −0.077% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 738.39 | −0.109% | $266 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.0133% | 1h | 737.96 | −0.167% | $67.2M | $121.6M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 738.23 | −0.131% | $607K | $7.3M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 738.87 | −0.044% | $170K | $48K | 30x | as long as short |
| Lighter META | +0.0256% | 1h | 738.25 | −0.128% | $850K | $2.5M | 20x | as long as short |
| Phoenix META | +0.0259% | 1h | 739.18 | −0.002% | $277K | $930K | 20x | as long as short |
| edgeX METAUSDC | +0.0901% | 4h | 739.35 | +0.020% | $62K | $332K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Nado META-PERP
Lighter RH META
Hotstuff META-PERP
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
QFEX META-USD
Arcus META-USD
Paradex META-USD-PERP
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
tradeXYZ xyz:META
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
Phoenix META
edgeX METAUSDC