META

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.024%

Price spread now: Vest against Lighter−0.009%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Vest

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 · Vest: 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: −$2 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	742.54	0.0112	pay 0.0014% / 1h	6m 51s	$864K	$2.5M	20x
Short	Vest META-USD-PERP	742.47	0.0046	get 0.0006% / 1h	6m 51s	—	$9K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$13.93
Price spread: −0.009% → 0.000%: −$0.94
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$16.87
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 min ago; Vest: 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	0.74 bp	2.0 bp −$2	3.1 bp −$31	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	742.29	−0.034%	$327K	$1.1M	20x	as long as short
Nado META-PERP	−0.0053%	1h	742.05	−0.066%	$392K	$328K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.83	−0.096%	$458K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.12	−0.057%	$548K	$1.5M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.25	−0.040%	$27.2M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.19	−0.047%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.34	−0.027%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.70	−0.113%	$350K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.16	−0.051%	$5.8M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	742.23	−0.042%	$2.1M	$3.1M	—	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	742.18	−0.048%	$12K	$499K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.10	−0.059%	$1K	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	742.10	−0.059%	$30K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	742.12	−0.057%	$107K	$286K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.38	−0.022%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0003%	1h	742.04	−0.067%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	742.41	−0.018%	$760K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	741.96	−0.078%	$110K	$481K	10x	as long as short
Vest META-USD-PERPshort	+0.0046%	1h	742.47	−0.009%	—	$9K	25x
Popdex METAUSDT	+0.0048%	1h	742.22	−0.043%	$178K	$202K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.27	−0.036%	$542K	$840K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.19	−0.047%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.85	−0.093%	$723K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0052%	8h	742.31	−0.031%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0058%	1h	742.51	−0.003%	$53K	$69K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	742.12	−0.057%	$606K	$7.4M	10x	as long as short
Phoenix META	+0.0065%	1h	741.81	−0.098%	$291K	$791K	20x	as long as short
Hotstuff META-PERP	+0.0080%	1h	742.28	−0.035%	$33K	$105	20x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	742.14	−0.054%	$1.6M	$369K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.64	−0.121%	$166K	$73K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.31	−0.031%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.17	−0.050%	$267	—	10x	as long as short
Lighter METAlong	+0.0112%	1h	742.54	long leg	$864K	$2.5M	20x
tradeXYZ xyz:META	+0.0136%	1h	742.35	−0.026%	$67.4M	$122.0M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.81	−0.098%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0539%	4h	742.29	−0.034%	$62K	$330K	10x	as long as short