META

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h −0.043%

Price spread now: Hotstuff against Extended+0.066%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Hotstuff

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hotstuff is 0.066% dearer against Extended 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	Extended META_24_5-USD	743.96	0	get 0.0000% / 1h	35m 57s	$552K	$2.2M	17x
Short	Hotstuff META-PERP	744.45	0.0376	get 0.0047% / 1h	35m 57s	$33K	$105	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. 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 ExtendedbpFee HotstuffbpOrdersPrice spread, now +0.066%Rate

Funding earned: $78.96
Price spread: +0.066% → 0.000%: $6.58
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $75.54
Costs to cover: 0.100%
Break-even: 0.3 days

Slippage unknown: Extended: live order book, 3 min ago; 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 Extended live order book, 3 min ago	0.61 bp	5.8 bp −$6	29.3 bp −$293	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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 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	744.07	+0.015%	$333K	$1.1M	20x	as long as short
Nado META-PERP	−0.0027%	1h	743.89	−0.009%	$481K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.05	+0.147%	$479K	$593K	20x	as long as short
Extended META_24_5-USDlong	0.0000%	1h	743.96	long leg	$552K	$2.2M	17x
Binance METAUSDT	0.0000%	8h	744.16	+0.027%	$25.2M	$187.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.94	−0.003%	$7.3M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.17	+0.028%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.80	−0.022%	$458K	$6.1M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.00	+0.005%	$5.6M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	744.08	+0.017%	$2.4M	$3.3M	—	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	745.38	+0.191%	$13K	$438K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.97	+0.001%	$762	$8.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.68	−0.038%	$34K	$274K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.88	−0.011%	$106K	$307K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.84	+0.118%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.01	+0.007%	$2.2M	$14.0M	10x	as long as short
Lighter RH META	+0.0032%	1h	744.56	+0.081%	$786K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.27	+0.042%	$109K	$333K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.67	+0.095%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.17	+0.028%	$177K	$205K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.78	−0.024%	$585K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.10	+0.019%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.59	−0.050%	$710K	$5.2M	10x	as long as short
Paradex META-USD-PERP	+0.0063%	8h	744.05	+0.012%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.01	+0.142%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.26	+0.040%	$1.6M	$677K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.58	+0.083%	$167K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.05	+0.012%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.05	+0.013%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	744.27	+0.042%	$647K	$7.9M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	748.64	+0.629%	$173K	$46K	30x	as long as short
Hotstuff META-PERPshort	+0.0376%	1h	744.45	+0.066%	$33K	$105	20x
Lighter META	+0.0376%	1h	744.70	+0.099%	$1.1M	$2.7M	20x	as long as short
tradeXYZ xyz:META	+0.0512%	1h	744.62	+0.089%	$77.2M	$127.4M	20x	as long as short
Phoenix META	+0.0739%	1h	746.28	+0.312%	$797K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0771%	4h	744.98	+0.138%	$62K	$343K	10x	as long as short
Pacifica META	+0.0800%	1h	744.08	+0.016%	—	—	—	as long as short