Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.011%
Price spread now: Lighter RH against Hotstuff+0.004%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
=Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · 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: +$2 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 | 740.73 | −0.0048 | get 0.0006% / 1h | 6m 38s | $33K | $105 | 20x |
| Short | Lighter RH META | 740.76 | 0.0032 | get 0.0004% / 1h | 6m 38s | $748K | $3.2M | 20x |
Hotstuff META-PERP
Lighter RH METAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $16.8
- Price spread: +0.004% → 0.000%
- $0.41
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $12.21
- Costs to cover
- 0.050%
- Break-even
- 1.9 days
Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago | 2.84 bp | 3.0 bp −$3 | 5.9 bp −$59 | 45.9 bp −$4,590 | 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 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 | 740.46 | −0.036% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0106% | 1h | 740.37 | −0.048% | $397K | $317K | 20x | as long as short |
| Hotstuff META-PERPlong | −0.0048% | 1h | 740.73 | long leg | $33K | $105 | 20x | |
| Aster METAUSDT | 0.0000% | 8h | 740.91 | +0.024% | $457K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.33 | −0.054% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.44 | −0.040% | $26.9M | $177.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.42 | −0.042% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.47 | −0.035% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.14 | −0.080% | $318K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.50 | −0.031% | $5.8M | $11.0M | 100x | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni META | 0.0000% | 8h | 740.48 | −0.033% | $1.6M | $2.5M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.42 | −0.042% | $12K | $521K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.87 | +0.019% | $826 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.58 | −0.020% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.12 | −0.082% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.41 | −0.043% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0012% | 1h | 740.39 | −0.046% | $2.2M | $14.2M | 10x | as long as short |
| Lighter META | +0.0032% | 1h | 740.74 | +0.001% | $860K | $2.6M | 20x | as long as short |
| Lighter RH METAshort | +0.0032% | 1h | 740.76 | +0.004% | $748K | $3.2M | 20x | |
| Arcus META-USD | +0.0040% | 1h | 740.25 | −0.065% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.93 | +0.027% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.49 | −0.032% | $177K | $201K | 20x | as long as short |
| tradeXYZ xyz:META | +0.0050% | 1h | 740.77 | +0.005% | $68.5M | $120.5M | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.59 | −0.019% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.28 | −0.061% | $24K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.30 | −0.058% | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.26 | −0.063% | $641K | $4.0M | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0053% | 1h | 741.02 | +0.039% | $45K | $61K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0080% | 1h | 740.26 | −0.063% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0097% | 1h | 740.59 | −0.019% | $291K | $782K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.37 | −0.049% | $1.6M | $354K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.15 | −0.078% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.42 | −0.042% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.35 | −0.051% | $267 | — | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.25 | −0.065% | $168K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0401% | 4h | 740.46 | −0.036% | $62K | $329K | 10x | as long as short |
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
tradeXYZ xyz:META
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Ondo Perps META-USD.P
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Injective META/USDC PERP
edgeX METAUSDC