Funding you earn now, next payment 09:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.024%
Price spread now: Aftermath Perps against Arcus+0.107%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.107% dearer against Arcus than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Arcus META-USD | 742.50 | 0.0040 | pay 0.0005% / 1h | 18m 39s | $112K | $337K | 10x |
| Short | Aftermath Perps METAUSD | 743.29 | 0.0077 | get 0.0010% / 1h | 18m 39s | $51K | $93K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Arcus. 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
- $7.69
- Price spread: +0.107% → 0.000%
- $10.67
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $4.86
- Costs to cover
- 0.135%
- Break-even
- 2.6 days
Slippage unknown: Arcus: live order book, 15 min ago; Aftermath Perps: 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 Arcus live order book, 15 min ago | 1.75 bp | 5.5 bp −$5 | 7.4 bp −$74 | 14.4 bp −$1,444 | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
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 37 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 | 742.89 | +0.053% | $337K | $1.1M | 20x | as long as short |
| Nado META-PERP | 0.0000% | 1h | 742.53 | +0.004% | $478K | $560K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 743.38 | +0.118% | $478K | $620K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 742.73 | +0.031% | $544K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 742.96 | +0.062% | $25.8M | $191.4M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.88 | +0.051% | $7.5M | $15.6M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 742.83 | +0.044% | $6.0M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 742.51 | +0.001% | $486K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 742.83 | +0.044% | $5.7M | $12.2M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 743.23 | +0.098% | $2.5M | $3.0M | — | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 743.35 | +0.114% | $12K | $437K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 743.37 | +0.117% | $653 | $7.7M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 742.57 | +0.009% | $36K | $270K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 742.69 | +0.026% | $107K | $300K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 743.47 | +0.131% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.03 | +0.071% | $794K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 742.71 | +0.028% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USDlong | +0.0040% | 1h | 742.50 | long leg | $112K | $337K | 10x | |
| Vest META-USD-PERP | +0.0046% | 1h | 743.27 | +0.104% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 742.82 | +0.043% | $179K | $205K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.68 | +0.024% | $565K | $619K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 742.69 | +0.026% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 742.56 | +0.008% | $741K | $5.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0054% | 8h | 742.70 | +0.027% | — | — | 5x | as long as short |
| Aftermath Perps METAUSDshort | +0.0077% | 1h | 743.29 | +0.107% | $51K | $93K | 10x | |
| Pacifica META | +0.0100% | 1h | 742.62 | +0.016% | $610 | $2K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 743.09 | +0.079% | $1.6M | $779K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 742.75 | +0.034% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 743.01 | +0.069% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 742.81 | +0.041% | $267 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 742.52 | +0.003% | $627K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.78 | +0.307% | $176K | $52K | 30x | as long as short |
| Hotstuff META-PERP | +0.0272% | 1h | 743.09 | +0.079% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0296% | 1h | 743.21 | +0.096% | $1.2M | $2.9M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0299% | 1h | 742.90 | +0.054% | $85.3M | $133.9M | 20x | as long as short |
| edgeX METAUSDC | +0.0338% | 4h | 743.07 | +0.076% | $63K | $347K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 743.95 | +0.195% | $794K | $1.5M | 20x | 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
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META