Funding you earn now, next payment 05:00 UTC+0.0157%/8h= +17.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.012%
Price spread now: Hotstuff against Aftermath Perps+0.243%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hotstuff is 0.243% dearer against Aftermath Perps than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 747.60 | 0.0083 | pay 0.0010% / 1h | 10m 47s | $52K | $82K | 10x |
| Short | Hotstuff META-PERP | 749.41 | 0.0240 | get 0.0030% / 1h | 10m 47s | $33K | $105 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- $32.94
- Price spread: +0.243% → 0.000%
- $24.26
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $43.19
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: no order-book sample. 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 Hotstuff no order-book sample | — | — | — | — | — |
Aftermath Perps and Hotstuff: 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 | 748.57 | +0.130% | $333K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0002% | 1h | 748.92 | +0.177% | $484K | $556K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 748.12 | +0.070% | $493K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 748.36 | +0.102% | $554K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 748.56 | +0.130% | $28.6M | $182.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 748.52 | +0.124% | $7.5M | $14.6M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 748.67 | +0.144% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 748.01 | +0.055% | $380K | $5.8M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 748.56 | +0.128% | $2.4M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 747.24 | −0.047% | $12K | $451K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 748.53 | +0.125% | $1K | $8.8M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 748.16 | +0.075% | $33K | $250K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 748.57 | +0.130% | $107K | $304K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 748.59 | +0.133% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 748.59 | +0.133% | $771K | $3.0M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 747.12 | −0.064% | $111K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 749.04 | +0.193% | — | $11K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 748.98 | +0.185% | $589K | $565K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 747.92 | +0.043% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 748.65 | +0.141% | $773K | $4.6M | 10x | as long as short |
| Bitget METAUSDT | +0.0055% | 8h | 748.60 | +0.134% | $5.5M | $11.9M | 100x | as long as short |
| QFEX META-USD | +0.0058% | 1h | 749.35 | +0.235% | $2.2M | $13.8M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0061% | 8h | 749.44 | +0.247% | — | — | 5x | as long as short |
| Aftermath Perps METAUSDlong | +0.0083% | 1h | 747.60 | long leg | $52K | $82K | 10x | |
| Popdex METAUSDT | +0.0096% | 1h | 749.50 | +0.255% | $180K | $200K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 748.15 | +0.074% | $1.6M | $622K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.51 | −0.145% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 748.50 | +0.121% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 748.43 | +0.112% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 748.61 | +0.136% | $673K | $7.5M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.71 | −0.119% | $172K | $48K | 30x | as long as short |
| Hotstuff META-PERPshort | +0.0240% | 1h | 749.41 | +0.243% | $33K | $105 | 20x | |
| Lighter META | +0.0272% | 1h | 748.56 | +0.129% | $876K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0332% | 1h | 748.90 | +0.174% | $71.6M | $121.7M | 20x | as long as short |
| Phoenix META | +0.0633% | 1h | 747.82 | +0.030% | $798K | $1.4M | 20x | as long as short |
| edgeX METAUSDC | +0.0737% | 4h | 747.08 | −0.069% | $62K | $337K | 10x | as long as short |
Aftermath Perps METAUSD
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Polymarket Perps META-USD
SoDEX META-USD
Bitget METAUSDT
Paradex META-USD-PERP
Popdex METAUSDT
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC