Funding you earn now, next payment 08:00 UTC−0.0366%/8h= −40.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against Hotstuff−0.072%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 · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Ondo Perps is 0.072% cheaper against Hotstuff than usual: you would sell low and buy high (−$7 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 | 745.76 | 0.0416 | pay 0.0052% / 1h | 38m 56s | $33K | $105 | 20x |
| Short | Ondo Perps META-USD.P | 745.22 | 0.0050 | get 0.0006% / 1h | 38m 56s | $729K | $5.1M | 10x |
Hotstuff META-PERP
Ondo Perps META-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$76.78
- Price spread: −0.072% → 0.000%
- −$7.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$94.02
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Ondo 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Hotstuff and Ondo 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 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 | 745.56 | −0.027% | $332K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 744.92 | −0.112% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.29 | −0.063% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.17 | −0.079% | $25.1M | $188.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.11 | −0.087% | $7.5M | $15.3M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.65 | −0.015% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.90 | −0.115% | $466K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.45 | −0.042% | $5.5M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.36 | −0.054% | $2.4M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 745.53 | −0.030% | $12K | $436K | 10x | as long as short |
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 745.53 | −0.031% | $811 | $8.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.03 | −0.098% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.31 | −0.060% | $108K | $311K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.38 | −0.051% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 745.24 | −0.070% | $2.2M | $13.9M | 10x | as long as short |
| Nado META-PERP | +0.0031% | 1h | 745.20 | −0.075% | $480K | $560K | 20x | as long as short |
| Lighter RH META | +0.0040% | 1h | 745.76 | 0.000% | $789K | $3.1M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.93 | −0.111% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.63 | −0.017% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.54 | −0.030% | $177K | $202K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.19 | −0.076% | $565K | $621K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.45 | −0.042% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Pshort | +0.0050% | 1h | 745.22 | −0.072% | $729K | $5.1M | 10x | |
| Paradex META-USD-PERP | +0.0054% | 8h | 745.44 | −0.043% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0086% | 1h | 745.90 | +0.019% | $48K | $89K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.11 | −0.087% | $25 | $189 | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.12 | −0.086% | $1.6M | $715K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.72 | −0.139% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.50 | −0.035% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.35 | −0.055% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 745.36 | −0.054% | $644K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.51 | +0.101% | $172K | $46K | 30x | as long as short |
| Hotstuff META-PERPlong | +0.0416% | 1h | 745.76 | long leg | $33K | $105 | 20x | |
| Lighter META | +0.0456% | 1h | 745.99 | +0.031% | $1.1M | $2.9M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0544% | 1h | 745.82 | +0.008% | $81.1M | $129.6M | 20x | as long as short |
| edgeX METAUSDC | +0.0621% | 4h | 745.42 | −0.045% | $62K | $343K | 10x | as long as short |
| Phoenix META | +0.0750% | 1h | 746.26 | +0.067% | $797K | $1.5M | 20x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Nado META-PERP
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META