META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.022%

Price spread now: Lighter RH against Aftermath Perps−0.023%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Lighter RH

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 airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.023% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps METAUSD	742.26	0.0079	pay 0.0010% / 1h	11m 10s	$50K	$82K	10x
Short	Lighter RH META	742.09	0.0032	get 0.0004% / 1h	11m 10s	$765K	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 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 Aftermath PerpsbpFee Lighter RHbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$9.9
Price spread: −0.023% → 0.000%: −$2.28
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$21.18
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago	1.55 bp	1.7 bp −$2	5.0 bp −$50	44.7 bp −$4,468	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
BloFin META-USDT	−0.0120%	8h	741.85	−0.055%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0017%	1h	741.48	−0.105%	$479K	$550K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.88	−0.051%	$467K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.72	−0.073%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.95	−0.042%	$27.4M	$179.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.88	−0.051%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.06	−0.027%	$6.0M	$13.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.47	−0.106%	$360K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.79	−0.063%	$5.5M	$11.5M	100x	as long as short
Variational Omni META	0.0000%	8h	741.71	−0.074%	$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	741.72	−0.072%	$12K	$434K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.84	−0.056%	$743	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.25	−0.136%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.72	−0.073%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.81	−0.060%	$2.0M	$8K	10x	as long as short
Lighter RH METAshort	+0.0032%	1h	742.09	−0.023%	$765K	$3.0M	20x
QFEX META-USD	+0.0032%	1h	741.64	−0.083%	$2.1M	$13.6M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.31	−0.128%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.00	−0.035%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	741.88	−0.051%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.61	−0.087%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.88	−0.051%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.20	−0.143%	$720K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0067%	8h	741.71	−0.074%	—	—	5x	as long as short
Aftermath Perps METAUSDlong	+0.0079%	1h	742.26	long leg	$50K	$82K	10x
Coinbase International META-PERP-INTX	+0.0096%	1h	741.49	−0.104%	$611K	$7.2M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.02	−0.032%	$1.6M	$524K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.85	−0.190%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.83	−0.058%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.73	−0.072%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	743.98	+0.232%	$171K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0256%	1h	741.92	−0.046%	$33K	$105	20x	as long as short
Lighter META	+0.0272%	1h	742.09	−0.023%	$861K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0345%	1h	741.93	−0.044%	$69.3M	$120.2M	20x	as long as short
Phoenix META	+0.0496%	1h	742.43	+0.023%	$578K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0852%	4h	741.52	−0.100%	$62K	$335K	10x	as long as short