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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0134%/8h= −14.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.025%
Price spread now: Aftermath Perps against Injective−0.138%55s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.138% cheaper against Injective than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective META/USDC PERP746.510.0220pay 0.0028% / 1h42m 14s$172K$46K30x
ShortAftermath Perps METAUSD745.480.0086get 0.0011% / 1h42m 14s$47K$88K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
−$28.23
Price spread: −0.138% → 0.000%
−$13.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$51.07
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 62 min ago; 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 Injective live order book, 62 min ago17.28 bp17.3 bp −$179880.1 bp −$98.8Kdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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 37 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%8h745.13−0.185%$333K$1.1M20xas long as short
Aster METAUSDT0.0000%8h745.52−0.132%$479K$593K20xas long as short
Extended META_24_5-USD0.0000%1h745.24−0.170%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h745.52−0.132%$25.2M$188.5M20xas long as short
Bybit METAUSDT0.0000%8h745.11−0.188%$7.5M$15.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.40−0.149%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.97−0.206%$466K$6.2M100xas long as short
Bitget METAUSDT0.0000%8h745.45−0.142%$5.5M$12.3M100xas long as short
Variational Omni META0.0000%8h744.45−0.276%$2.4M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h744.63−0.252%$12K$438K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h745.70−0.109%$943$8.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.86−0.221%$34K$275K10xas long as short
HTX META-USDT0.0000%8h744.71−0.241%$107K$311K30xas long as short
Phemex METAUSDT0.0000%4h744.89−0.217%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h745.30−0.162%$2.2M$13.9M10xas long as short
Nado META-PERP+0.0037%1h744.77−0.234%$480K$560K20xas long as short
Lighter RH META+0.0040%1h745.64−0.117%$789K$3.1M20xas long as short
Arcus META-USD+0.0040%1h744.43−0.279%$112K$339K10xas long as short
Vest META-USD-PERP+0.0046%1h745.58−0.125%$12K25xas long as short
Polymarket Perps META-USD+0.0050%1h745.15−0.182%$565K$621K10xas long as short
SoDEX META-USD+0.0050%1h745.33−0.158%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h743.90−0.350%$728K$5.1M10xas long as short
Paradex META-USD-PERP+0.0054%8h745.12−0.186%5xas long as short
Popdex METAUSDT+0.0056%1h745.58−0.125%$177K$203K20xas long as short
Aftermath Perps METAUSDshort+0.0086%1h745.48−0.138%$47K$88K10x
Pacifica META+0.0100%1h745.20−0.176%$13$10610xas long as short
KuCoin METAUSDTM+0.0100%8h745.04−0.197%$1.6M$714K20xas long as short
ApeX Omni METAUSDT+0.0100%1h743.98−0.339%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.14−0.184%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.02−0.200%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h744.39−0.284%$643K$7.9M10xas long as short
Injective META/USDC PERPlong+0.0220%1h746.51long leg$172K$46K30x
Hotstuff META-PERP+0.0424%1h744.96−0.208%$33K$10520xas long as short
Lighter META+0.0472%1h745.67−0.113%$1.1M$2.9M20xas long as short
edgeX METAUSDC+0.0484%4h744.08−0.326%$62K$345K10xas long as short
tradeXYZ xyz:META+0.0543%1h745.83−0.091%$81.0M$129.7M20xas long as short
Phoenix META+0.0750%1h745.72−0.106%$796K$1.5M20xas long as short