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+0.0362%/8h= +39.6% APRpaid last 24h
Price spread now: Hotstuff against Paradex+0.072%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hotstuff is 0.072% dearer against Paradex than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex META-USD-PERP745.440.0054pay 0.0054% / 8h40m 10s5x
ShortHotstuff META-PERP745.970.0416get 0.0052% / 1h40m 10s$33K$10520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Paradex. 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
$75.93
Price spread: +0.072% → 0.000%
$7.17
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$74.1
Costs to cover
0.090%
Break-even
0.2 days
Slippage unknown: Paradex: no order-book sample; Hotstuff: 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 Paradex no order-book sample
Sell Hotstuff no order-book sample
Paradex and Hotstuff: 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%8h745.44+0.001%$332K$1.1M20xas long as short
Aster METAUSDT0.0000%8h745.39−0.006%$479K$593K20xas long as short
Extended META_24_5-USD0.0000%1h745.35−0.012%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h745.49+0.007%$25.1M$188.5M20xas long as short
Bybit METAUSDT0.0000%8h745.19−0.033%$7.5M$15.3M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.59+0.021%$6.0M$12.7M20xas long as short
Gate META_USDT0.0000%8h745.13−0.041%$466K$6.2M100xas long as short
Bitget METAUSDT0.0000%8h745.38−0.007%$5.5M$12.3M100xas long as short
Variational Omni META0.0000%8h745.36−0.010%$2.4M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h744.63−0.108%$12K$438K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h745.38−0.007%$890$8.1M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h744.92−0.069%$34K$275K10xas long as short
HTX META-USDT0.0000%8h745.35−0.011%$108K$311K30xas long as short
Phemex METAUSDT0.0000%4h745.35−0.011%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h745.25−0.025%$2.2M$13.9M10xas long as short
Nado META-PERP+0.0032%1h745.20−0.031%$480K$560K20xas long as short
Lighter RH META+0.0040%1h745.55+0.015%$789K$3.1M20xas long as short
Arcus META-USD+0.0040%1h744.84−0.080%$112K$339K10xas long as short
Vest META-USD-PERP+0.0046%1h745.66+0.030%$12K25xas long as short
Popdex METAUSDT+0.0048%1h745.41−0.003%$177K$203K20xas long as short
Polymarket Perps META-USD+0.0050%1h744.95−0.065%$564K$621K10xas long as short
SoDEX META-USD+0.0050%1h745.44+0.001%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h745.22−0.029%$729K$5.1M10xas long as short
Paradex META-USD-PERPlong+0.0054%8h745.44long leg5x
Aftermath Perps METAUSD+0.0086%1h745.73+0.039%$48K$89K10xas long as short
Pacifica META+0.0100%1h745.03−0.054%$13$10610xas long as short
KuCoin METAUSDTM+0.0100%8h745.06−0.050%$1.6M$715K20xas long as short
ApeX Omni METAUSDT+0.0100%1h743.98−0.195%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.42−0.002%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.30−0.018%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h745.36−0.010%$644K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h746.51+0.144%$172K$46K30xas long as short
Hotstuff META-PERPshort+0.0416%1h745.97+0.072%$33K$10520x
Lighter META+0.0464%1h745.76+0.044%$1.1M$2.9M20xas long as short
edgeX METAUSDC+0.0495%4h744.81−0.084%$62K$343K10xas long as short
tradeXYZ xyz:META+0.0541%1h745.68+0.033%$81.1M$129.8M20xas long as short
Phoenix META+0.0750%1h746.26+0.111%$797K$1.5M20xas long as short