META

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%

Price spread now: Aftermath Perps against Lighter+0.055%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aftermath Perps

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 airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.055% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter META	740.59	0.0032	pay 0.0004% / 1h	21m 42s	$860K	$2.6M	20x
Short	Aftermath Perps METAUSD	741.00	0.0052	get 0.0007% / 1h	21m 42s	$45K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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 LighterbpFee Aftermath PerpsbpOrdersPrice spread, now +0.055%Rate

Funding earned: $4.28
Price spread: +0.055% → 0.000%: $5.49
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $0.76
Costs to cover: 0.090%
Break-even: 5.8 days

Slippage unknown: Lighter: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 5 min ago	0.68 bp	1.4 bp −$1	3.1 bp −$31	doesn't fit	doesn'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 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
Nado META-PERP	−0.0121%	1h	740.29	−0.041%	$398K	$316K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	740.39	−0.027%	$329K	$1.1M	20x	as long as short
Hotstuff META-PERP	−0.0104%	1h	740.51	−0.011%	$33K	$105	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.90	+0.042%	$457K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.30	−0.039%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.39	−0.027%	$26.8M	$177.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.32	−0.036%	$7.4M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.42	−0.023%	$6.0M	$13.1M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.88	−0.096%	$318K	$5.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.34	−0.034%	$5.7M	$11.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni META	0.0000%	8h	740.36	−0.031%	$1.6M	$2.5M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.29	−0.041%	$12K	$529K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.85	+0.035%	$734	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	740.51	−0.011%	$30K	$256K	10x	as long as short
HTX META-USDT	0.0000%	8h	740.23	−0.049%	$105K	$283K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.49	−0.014%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0012%	1h	740.24	−0.047%	$2.2M	$14.2M	10x	as long as short
Lighter METAlong	+0.0032%	1h	740.59	long leg	$860K	$2.6M	20x
Lighter RH META	+0.0032%	1h	740.61	+0.003%	$740K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	740.09	−0.068%	$263K	$313K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.86	+0.036%	—	$9K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	740.34	−0.034%	$177K	$200K	20x	as long as short
tradeXYZ xyz:META	+0.0050%	1h	740.59	0.000%	$68.5M	$120.4M	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	740.55	−0.005%	$541K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.32	−0.036%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.18	−0.055%	$639K	$4.0M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	740.27	−0.043%	—	—	5x	as long as short
Aftermath Perps METAUSDshort	+0.0052%	1h	741.00	+0.055%	$45K	$61K	10x
Coinbase International META-PERP-INTX	+0.0080%	1h	740.26	−0.045%	$607K	$7.3M	10x	as long as short
Phoenix META	+0.0097%	1h	740.34	−0.034%	$291K	$782K	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.39	−0.027%	$1.6M	$352K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	740.35	−0.032%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.43	−0.022%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.33	−0.036%	$267	—	10x	as long as short
edgeX METAUSDC	+0.0167%	4h	740.30	−0.039%	$62K	$328K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	740.21	−0.051%	$168K	$46K	30x	as long as short