Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Vest against Deribit+0.068%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 +$1 a day on $10k at the current rate, and Vest is 0.068% dearer against Deribit than usual: you sell high and buy low: +$7 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 | Deribit META_USDC-PERPETUAL | 740.56 | 0 | get 0.0000% / 1h | 4m 40s | $30K | $256K | 10x |
| Short | Vest META-USD-PERP | 741.06 | 0.0046 | get 0.0006% / 1h | 4m 40s | — | $9K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Deribit. 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
- $9.59
- Price spread: +0.068% → 0.000%
- $6.75
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $7.34
- Costs to cover
- 0.090%
- Break-even
- 1.6 days
Slippage unknown: Deribit: live order book, 19 min ago; Vest: 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 Deribit live order book, 19 min ago | 0.07 bp | 3.6 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | 740.30 | −0.035% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0106% | 1h | 740.46 | −0.014% | $397K | $317K | 20x | as long as short |
| Hotstuff META-PERP | −0.0048% | 1h | 740.77 | +0.028% | $33K | $105 | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.95 | +0.053% | $457K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.34 | −0.030% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.42 | −0.019% | $26.9M | $177.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.39 | −0.023% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.50 | −0.008% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.18 | −0.051% | $318K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.55 | −0.001% | $5.8M | $11.0M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni META | 0.0000% | 8h | 740.46 | −0.013% | $1.6M | $2.5M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.42 | −0.019% | $12K | $521K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.90 | +0.046% | $911 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUALlong | 0.0000% | 1h | 740.56 | long leg | $30K | $256K | 10x | |
| HTX META-USDT | 0.0000% | 8h | 740.28 | −0.038% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.50 | −0.008% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0012% | 1h | 740.33 | −0.031% | $2.2M | $14.2M | 10x | as long as short |
| Lighter META | +0.0032% | 1h | 740.71 | +0.020% | $859K | $2.6M | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.73 | +0.023% | $748K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.24 | −0.043% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERPshort | +0.0046% | 1h | 741.06 | +0.068% | — | $9K | 25x | |
| Popdex METAUSDT | +0.0048% | 1h | 740.47 | −0.012% | $178K | $201K | 20x | as long as short |
| tradeXYZ xyz:META | +0.0050% | 1h | 740.72 | +0.022% | $68.5M | $120.5M | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.64 | +0.011% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.48 | −0.011% | $24K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.34 | −0.030% | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.26 | −0.041% | $641K | $4.0M | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0052% | 1h | 740.99 | +0.058% | $45K | $61K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0080% | 1h | 740.26 | −0.041% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0097% | 1h | 740.71 | +0.020% | $291K | $782K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.37 | −0.026% | $1.6M | $354K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.43 | −0.018% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.47 | −0.012% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.38 | −0.025% | $267 | — | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.29 | −0.036% | $168K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0401% | 4h | 740.46 | −0.013% | $62K | $329K | 10x | as long as short |
Deribit META_USDC-PERPETUAL
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
HTX META-USDT
Phemex METAUSDT
Lighter META
Lighter RH META
Popdex METAUSDT
tradeXYZ xyz:META
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Injective META/USDC PERP
edgeX METAUSDC