Funding you earn now, next payment 09:00 UTC−0.0552%/8h= −60.4% APRnext payment −$0.69 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against Hotstuff0.000%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 745.43 | 0.0552 | pay 0.0069% / 1h | 57m 24s | $33K | $105 | 20x |
| Short | Extended META_24_5-USD | 745.43 | 0 | get 0.0000% / 1h | 57m 24s | $547K | $3.4M | 17x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hotstuff. 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
- −$115.92
- Price spread: 0.000% → 0.000%
- −$0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$125.96
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 1 min ago. 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 Extended live order book, 1 min ago | 0.54 bp | 5.5 bp −$5 | 24.7 bp −$247 | doesn't fit | doesn't fit |
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 | 745.35 | −0.011% | $333K | $1.1M | 20x | as long as short |
| Nado META-PERP | 0.0000% | 1h | 745.11 | −0.043% | $481K | $560K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.00 | +0.076% | $480K | $597K | 20x | as long as short |
| Extended META_24_5-USDshort | 0.0000% | 1h | 745.43 | 0.000% | $547K | $3.4M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 745.56 | +0.017% | $25.4M | $190.0M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.24 | −0.025% | $7.5M | $15.4M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.48 | +0.007% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.37 | −0.008% | $476K | $6.1M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.31 | −0.016% | $5.7M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 747.50 | +0.278% | $2.5M | $3.2M | — | 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 | 745.59 | +0.021% | $12K | $438K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 745.53 | +0.013% | $571 | $8.0M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.37 | −0.008% | $53K | $293K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 746.01 | +0.078% | $108K | $312K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.93 | +0.067% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 745.51 | +0.011% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.16 | −0.036% | $112K | $337K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.81 | +0.051% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.48 | +0.007% | $177K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.92 | −0.068% | $566K | $619K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.50 | +0.009% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.30 | −0.017% | $729K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0057% | 8h | 745.26 | −0.022% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0087% | 1h | 745.99 | +0.075% | $49K | $91K | 10x | as long as short |
| edgeX METAUSDC | +0.0098% | 4h | 746.55 | +0.151% | $62K | $346K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.54 | +0.015% | $632 | $1K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.69 | +0.035% | $1.6M | $736K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.02 | −0.055% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.82 | +0.052% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.63 | +0.027% | $268 | — | 10x | as long as short |
| Lighter RH META | +0.0120% | 1h | 745.77 | +0.046% | $795K | $2.9M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 745.16 | −0.036% | $642K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.51 | +0.145% | $176K | $52K | 30x | as long as short |
| Lighter META | +0.0328% | 1h | 745.84 | +0.055% | $1.1M | $2.8M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0467% | 1h | 745.64 | +0.028% | $84.6M | $132.8M | 20x | as long as short |
| Hotstuff META-PERPlong | +0.0552% | 1h | 745.43 | long leg | $33K | $105 | 20x | |
| Phoenix META | +0.0750% | 1h | 748.38 | +0.396% | $799K | $1.5M | 20x | as long as short |
Extended META_24_5-USD
BloFin META-USDT
Aster METAUSDT
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
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
edgeX METAUSDC
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Lighter RH META
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META