META

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.027%

Price spread now: QFEX against Aftermath Perps−0.211%50s7-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 QFEX

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.211% 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 50 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	748.32	0.0084	pay 0.0010% / 1h	1m 31s	$52K	$82K	10x
Short	QFEX META-USD	746.74	0.0058	get 0.0007% / 1h	1m 31s	$2.2M	$13.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.211%Rate

Funding earned: −$5.46
Price spread: −0.211% → 0.000%: −$21.12
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$45.58
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; QFEX: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell QFEX live order book, 8 min ago	1.47 bp	6.5 bp −$6	7.7 bp −$77	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
BloFin META-USDT	−0.0120%	8h	747.59	−0.098%	$331K	$1.1M	20x	as long as short
Nado META-PERP	−0.0001%	1h	746.57	−0.234%	$483K	$556K	20x	as long as short
Aster METAUSDT	0.0000%	8h	747.33	−0.133%	$492K	$578K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.79	−0.205%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	746.82	−0.201%	$28.5M	$182.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	746.83	−0.199%	$7.6M	$14.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	747.02	−0.174%	$6.0M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.61	−0.229%	$430K	$5.9M	100x	as long as short
Variational Omni META	0.0000%	8h	747.58	−0.098%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	747.40	−0.123%	$12K	$448K	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	747.26	−0.142%	$903	$8.7M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.75	−0.210%	$31K	$255K	10x	as long as short
HTX META-USDT	0.0000%	8h	747.05	−0.170%	$107K	$305K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	748.19	−0.017%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	747.24	−0.144%	$769K	$3.0M	20x	as long as short
Arcus META-USD	+0.0040%	1h	747.02	−0.174%	$111K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	747.11	−0.162%	—	$11K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	746.91	−0.188%	$588K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.22	−0.147%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	746.22	−0.281%	$779K	$4.6M	10x	as long as short
QFEX META-USDshort	+0.0058%	1h	746.74	−0.211%	$2.2M	$13.8M	10x
Paradex META-USD-PERP	+0.0065%	8h	746.78	−0.205%	—	—	5x	as long as short
Aftermath Perps METAUSDlong	+0.0084%	1h	748.32	long leg	$52K	$82K	10x
Popdex METAUSDT	+0.0096%	1h	746.94	−0.184%	$180K	$200K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	747.09	−0.164%	$1.6M	$626K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.74	−0.211%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	747.22	−0.147%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	747.17	−0.154%	$269	—	10x	as long as short
Bitget METAUSDT	+0.0109%	8h	746.98	−0.179%	$5.5M	$12.0M	100x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	747.51	−0.108%	$673K	$7.6M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.04	−0.171%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0272%	1h	747.19	−0.151%	$33K	$105	20x	as long as short
Lighter META	+0.0280%	1h	747.24	−0.144%	$931K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0354%	1h	747.23	−0.146%	$72.1M	$122.0M	20x	as long as short
edgeX METAUSDC	+0.0535%	4h	747.68	−0.085%	$62K	$339K	10x	as long as short
Phoenix META	+0.0633%	1h	748.62	+0.040%	$802K	$1.4M	20x	as long as short