Funding you earn now, next payment 09:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h —
Price spread now: Paradex against Lighter+0.017%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: 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: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter META | 743.04 | 0.0288 | pay 0.0036% / 1h | 28m 23s | $1.2M | $2.9M | 20x |
| Short | Paradex META-USD-PERP | 743.16 | 0.0055 | get 0.0055% / 8h | 7h 28m | — | — | 5x |
Lighter META
Paradex META-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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
- −$48.94
- Price spread: +0.017% → 0.000%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$51.27
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Paradex: 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, 4 min ago | 0.61 bp | 0.8 bp −$1 | 1.6 bp −$16 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 743.65 | +0.082% | $336K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0009% | 1h | 742.89 | −0.020% | $478K | $560K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 743.03 | −0.001% | $487K | $603K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 743.03 | −0.002% | $547K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 742.99 | −0.007% | $25.8M | $191.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.65 | −0.052% | $7.4M | $15.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 742.63 | −0.055% | $6.1M | $12.8M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 742.18 | −0.116% | $483K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 742.61 | −0.058% | $5.7M | $12.2M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 743.94 | +0.121% | $2.5M | $3.0M | — | 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 METAUSDT
Variational Omni METAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 744.00 | +0.129% | $12K | $437K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 743.99 | +0.128% | $1K | $7.7M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 743.36 | +0.043% | $44K | $269K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 743.49 | +0.061% | $108K | $300K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 743.70 | +0.089% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.12 | +0.011% | $793K | $2.9M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 742.30 | −0.100% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 742.23 | −0.109% | $112K | $337K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 743.18 | +0.019% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 742.31 | −0.098% | $179K | $204K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.08 | −0.129% | $564K | $619K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 743.62 | +0.078% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 742.35 | −0.093% | $742K | $5.0M | 10x | as long as short |
| Paradex META-USD-PERPshort | +0.0055% | 8h | 743.16 | +0.017% | — | — | 5x | |
| Aftermath Perps METAUSD | +0.0079% | 1h | 743.18 | +0.019% | $51K | $93K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 742.99 | −0.007% | $606 | $2K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 742.99 | −0.007% | $1.6M | $771K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 743.23 | +0.026% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 743.09 | +0.007% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 743.45 | +0.055% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 743.73 | +0.093% | $635K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 745.70 | +0.358% | $176K | $52K | 30x | as long as short |
| Lighter METAlong | +0.0288% | 1h | 743.04 | long leg | $1.2M | $2.9M | 20x | |
| tradeXYZ xyz:META | +0.0295% | 1h | 742.65 | −0.052% | $84.5M | $133.3M | 20x | as long as short |
| Hotstuff META-PERP | +0.0296% | 1h | 743.69 | +0.087% | $33K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.0672% | 4h | 743.87 | +0.112% | $63K | $348K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 745.06 | +0.272% | $795K | $1.5M | 20x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
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
tradeXYZ xyz:META
Hotstuff META-PERP
edgeX METAUSDC
Phoenix META