META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.013%

Price spread now: SoDEX against Hotstuff−0.011%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 SoDEX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: 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: −$1 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	738.93	0.0088	pay 0.0011% / 1h	33m 35s	$33K	$105	20x
Short	SoDEX META-USD	738.85	0.0050	get 0.0006% / 1h	33m 35s	$24K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$7.98
Price spread: −0.011% → 0.000%: −$1.08
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$22.06
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Hotstuff and SoDEX: 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	738.83	−0.014%	$329K	$1.1M	20x	as long as short
Phemex METAUSDT	−0.0079%	4h	738.98	+0.007%	$2.0M	$8K	10x	as long as short
Aster METAUSDT	0.0000%	8h	738.81	−0.017%	$465K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	738.76	−0.023%	$549K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.11	+0.025%	$27.3M	$179.1M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.01	+0.011%	$7.6M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	738.69	−0.032%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	738.50	−0.058%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	738.76	−0.023%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	738.79	−0.019%	$2.3M	$3.3M	—	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	738.91	−0.003%	$12K	$479K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.18	+0.034%	$616	$9.3M	20x	as long as short
HTX META-USDT	0.0000%	8h	738.60	−0.045%	$106K	$291K	30x	as long as short
Nado META-PERP	+0.0020%	1h	738.55	−0.051%	$371K	$343K	20x	as long as short
Deribit META_USDC-PERPETUAL	+0.0021%	1h	738.78	−0.020%	$30K	$247K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.05	+0.016%	$756K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.05	+0.016%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	738.89	−0.005%	$177K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	738.80	−0.018%	$557K	$857K	10x	as long as short
SoDEX META-USDshort	+0.0050%	1h	738.85	−0.011%	$24K	$3K	10x
Ondo Perps META-USD.P	+0.0050%	1h	738.10	−0.112%	$692K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	738.94	+0.001%	$2.2M	$14.2M	10x	as long as short
Arcus META-USD	+0.0063%	1h	738.37	−0.076%	$110K	$331K	10x	as long as short
Paradex META-USD-PERP	+0.0068%	8h	738.67	−0.035%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	739.42	+0.066%	$48K	$80K	10x	as long as short
Hotstuff META-PERPlong	+0.0088%	1h	738.93	long leg	$33K	$105	20x
KuCoin METAUSDTM	+0.0100%	8h	738.91	−0.003%	$1.6M	$427K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	738.44	−0.066%	$165K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	738.92	−0.001%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	738.75	−0.025%	$266	—	10x	as long as short
edgeX METAUSDC	+0.0143%	4h	738.77	−0.022%	$62K	$334K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	738.49	−0.060%	$604K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0173%	1h	738.90	−0.004%	$67.4M	$121.4M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.07	+0.154%	$171K	$48K	30x	as long as short
Phoenix META	+0.0259%	1h	738.15	−0.106%	$277K	$930K	20x	as long as short
Lighter META	+0.0264%	1h	739.13	+0.027%	$851K	$2.5M	20x	as long as short