META

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.014%

Price spread now: Aevo against Lighter RH−0.058%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.058% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH META	740.30	0.0032	pay 0.0004% / 1h	44m 46s	$750K	$3.0M	20x
Short	Aevo META-PERP	739.87	0.0104	get 0.0013% / 1h	44m 46s	$266	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter RH. 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 Lighter RHbpFee AevobpOrdersPrice spread, now −0.058%Rate

Funding earned: $15.12
Price spread: −0.058% → 0.000%: −$5.81
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$6.69
Costs to cover: 0.160%
Break-even: 10.1 days

Slippage unknown: Lighter RH: live order book, 3 min ago; Aevo: 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 RH live order book, 3 min ago	1.76 bp	1.9 bp −$2	4.3 bp −$43	51.1 bp −$5,111	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0160%	1h	739.78	−0.070%	$478K	$546K	20x	as long as short
BloFin META-USDT	−0.0120%	8h	739.99	−0.042%	$327K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.60	+0.040%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.94	−0.048%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.22	−0.011%	$27.4M	$179.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.12	−0.024%	$7.5M	$13.8M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.16	−0.019%	$5.9M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.16	−0.019%	$351K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.27	−0.004%	$5.5M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	740.01	−0.039%	$2.4M	$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	740.09	−0.028%	$13K	$446K	10x	as long as short
SunX META-USDT	0.0000%	8h	740.18	−0.016%	$648	$9.2M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.54	−0.103%	$30K	$244K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.76	−0.073%	$105K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.46	+0.022%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0025%	1h	739.93	−0.050%	$2.2M	$14.0M	10x	as long as short
Lighter RH METAlong	+0.0032%	1h	740.30	long leg	$750K	$3.0M	20x
Arcus META-USD	+0.0040%	1h	739.71	−0.080%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	740.19	−0.015%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.96	−0.046%	$176K	$197K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.73	−0.077%	$557K	$855K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.03	−0.036%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.46	−0.113%	$692K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	739.98	−0.044%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0068%	1h	740.68	+0.051%	$49K	$80K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.21	−0.012%	$1.6M	$465K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.43	−0.118%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.10	−0.027%	$1K	$24	10x	as long as short
Lighter META	+0.0104%	1h	740.23	−0.009%	$856K	$2.4M	20x	as long as short
Aevo META-PERPshort	+0.0104%	1h	739.87	−0.058%	$266	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	740.05	−0.034%	$610K	$7.3M	10x	as long as short
Hotstuff META-PERP	+0.0112%	1h	740.19	−0.015%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.52	+0.300%	$171K	$48K	30x	as long as short
tradeXYZ xyz:META	+0.0255%	1h	740.33	+0.004%	$68.3M	$120.4M	20x	as long as short
Phoenix META	+0.0313%	1h	740.77	+0.063%	$373K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0828%	4h	739.94	−0.048%	$62K	$336K	10x	as long as short