META

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.005%

Price spread now: Aevo against Hotstuff−0.042%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Aevo

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.042% cheaper against Hotstuff than usual: you would sell low and buy high (−$4 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	Hotstuff META-PERP	744.72	0.0208	pay 0.0026% / 1h	55m 04s	$33K	$105	20x
Short	Aevo META-PERP	744.41	0.0104	get 0.0013% / 1h	55m 04s	$268	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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 HotstuffbpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: −$21.84
Price spread: −0.042% → 0.000%: −$4.22
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$47.06
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Aevo: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Hotstuff and Aevo: 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	744.51	−0.028%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0031%	1h	744.31	−0.054%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.24	−0.065%	$469K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.33	−0.053%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.55	−0.023%	$28.5M	$183.2M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.60	−0.016%	$7.7M	$14.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.46	−0.035%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.06	−0.089%	$365K	$5.8M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.50	−0.030%	$5.4M	$11.8M	100x	as long as short
Variational Omni META	0.0000%	8h	744.70	−0.002%	$2.4M	$3.2M	—	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	744.96	+0.032%	$12K	$450K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.48	−0.032%	$876	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.97	−0.101%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.33	−0.052%	$106K	$302K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.83	+0.015%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.67	−0.007%	$781K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.35	−0.050%	$111K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.78	+0.008%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.76	+0.005%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.32	−0.054%	$586K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.49	−0.031%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.19	−0.071%	$819K	$4.7M	10x	as long as short
QFEX META-USD	+0.0058%	1h	744.53	−0.026%	$2.2M	$13.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0084%	1h	745.21	+0.066%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.65	−0.009%	$1.6M	$593K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.24	−0.064%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.49	−0.031%	$1K	$24	10x	as long as short
Paradex META-USD-PERP	+0.0102%	8h	744.53	−0.025%	—	—	5x	as long as short
Aevo META-PERPshort	+0.0104%	1h	744.41	−0.042%	$268	—	10x
Coinbase International META-PERP-INTX	+0.0128%	1h	744.22	−0.067%	$616K	$7.3M	10x	as long as short
Hotstuff META-PERPlong	+0.0208%	1h	744.72	long leg	$33K	$105	20x
Injective META/USDC PERP	+0.0220%	1h	744.44	−0.038%	$172K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	744.65	−0.009%	$862K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0322%	1h	744.54	−0.024%	$69.9M	$121.1M	20x	as long as short
Phoenix META	+0.0591%	1h	745.89	+0.157%	$745K	$1.4M	20x	as long as short
edgeX METAUSDC	+0.0811%	4h	744.82	+0.014%	$62K	$336K	10x	as long as short