Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0174%/8h= −19.0% APRnext payment $0.22 per $10,000 · paid last 24h +0.014%
Price spread now: Aftermath Perps against Hotstuff+0.106%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Aftermath Perps is 0.106% dearer against Hotstuff than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff META-PERP741.360.0248pay 0.0031% / 1h40m 43s$33K$10520x
ShortAftermath Perps METAUSD742.150.0074get 0.0009% / 1h40m 43s$50K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Funding earned
−$36.53
Price spread: +0.106% → 0.000%
$10.63
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$39.9
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Aftermath Perps no order-book sample
Hotstuff and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h741.25−0.015%$328K$1.1M20xas long as short
Nado META-PERP−0.0033%1h740.89−0.064%$479K$550K20xas long as short
Aster METAUSDT0.0000%8h741.54+0.024%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h741.00−0.048%$549K$2.7M17xas long as short
Binance METAUSDT0.0000%8h741.22−0.019%$27.3M$178.8M20xas long as short
Bybit METAUSDT0.0000%8h741.17−0.026%$7.5M$13.7M100xas long as short
OKX META-USDT-SWAP0.0000%8h741.05−0.042%$5.9M$13.3M20xas long as short
Gate META_USDT0.0000%8h741.04−0.043%$345K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h741.19−0.023%$5.4M$11.4M100xas long as short
Variational Omni META0.0000%8h741.13−0.031%$2.3M$3.1Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h741.50+0.019%$12K$432K10xas long as short
SunX META-USDT0.0000%8h741.25−0.015%$910$9.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.74−0.084%$31K$245K10xas long as short
HTX META-USDT0.0000%8h741.07−0.039%$106K$296K30xas long as short
Phemex METAUSDT0.0000%4h741.89+0.071%$2.0M$8K10xas long as short
Lighter RH META+0.0032%1h741.37+0.001%$763K$3.0M20xas long as short
QFEX META-USD+0.0032%1h741.10−0.035%$2.1M$13.7M10xas long as short
Arcus META-USD+0.0040%1h740.86−0.067%$110K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h741.46+0.013%$10K25xas long as short
Popdex METAUSDT+0.0048%1h741.28−0.011%$178K$199K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.96−0.054%$558K$544K10xas long as short
SoDEX META-USD+0.0050%1h741.22−0.019%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h740.77−0.080%$702K$4.2M10xas long as short
Paradex META-USD-PERP+0.0058%8h740.94−0.057%5xas long as short
Aftermath Perps METAUSDshort+0.0074%1h742.15+0.106%$50K$82K10x
Coinbase International META-PERP-INTX+0.0096%1h741.82+0.062%$610K$7.1M10xas long as short
KuCoin METAUSDTM+0.0100%8h741.23−0.018%$1.6M$510K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.95−0.055%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h741.11−0.034%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h741.02−0.046%$26710xas long as short
Injective META/USDC PERP+0.0220%1h743.52+0.291%$171K$48K30xas long as short
Lighter META+0.0248%1h741.34−0.003%$860K$2.4M20xas long as short
Hotstuff META-PERPlong+0.0248%1h741.36long leg$33K$10520x
edgeX METAUSDC+0.0276%4h741.35−0.001%$62K$334K10xas long as short
tradeXYZ xyz:META+0.0344%1h741.24−0.016%$69.1M$120.1M20xas long as short
Phoenix META+0.0496%1h742.14+0.105%$513K$1.1M20xas long as short