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
Funding, last 7 days—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex META-USD-PERP | 745.44 | 0.0054 | pay 0.0054% / 8h | 40m 10s | — | — | 5x |
| Short | Hotstuff META-PERP | 745.97 | 0.0416 | get 0.0052% / 1h | 40m 10s | $33K | $105 | 20x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 745.44 | +0.001% | $332K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.39 | −0.006% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.35 | −0.012% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.49 | +0.007% | $25.1M | $188.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.19 | −0.033% | $7.5M | $15.3M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.59 | +0.021% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.13 | −0.041% | $466K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.38 | −0.007% | $5.5M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.36 | −0.010% | $2.4M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 744.63 | −0.108% | $12K | $438K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 745.38 | −0.007% | $890 | $8.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.92 | −0.069% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.35 | −0.011% | $108K | $311K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.35 | −0.011% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 745.25 | −0.025% | $2.2M | $13.9M | 10x | as long as short |
| Nado META-PERP | +0.0032% | 1h | 745.20 | −0.031% | $480K | $560K | 20x | as long as short |
| Lighter RH META | +0.0040% | 1h | 745.55 | +0.015% | $789K | $3.1M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.84 | −0.080% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.66 | +0.030% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.41 | −0.003% | $177K | $203K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.95 | −0.065% | $564K | $621K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.44 | +0.001% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.22 | −0.029% | $729K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERPlong | +0.0054% | 8h | 745.44 | long leg | — | — | 5x | |
| Aftermath Perps METAUSD | +0.0086% | 1h | 745.73 | +0.039% | $48K | $89K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.03 | −0.054% | $13 | $106 | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.06 | −0.050% | $1.6M | $715K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 743.98 | −0.195% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.42 | −0.002% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.30 | −0.018% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 745.36 | −0.010% | $644K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.51 | +0.144% | $172K | $46K | 30x | as long as short |
| Hotstuff META-PERPshort | +0.0416% | 1h | 745.97 | +0.072% | $33K | $105 | 20x | |
| Lighter META | +0.0464% | 1h | 745.76 | +0.044% | $1.1M | $2.9M | 20x | as long as short |
| edgeX METAUSDC | +0.0495% | 4h | 744.81 | −0.084% | $62K | $343K | 10x | as long as short |
| tradeXYZ xyz:META | +0.0541% | 1h | 745.68 | +0.033% | $81.1M | $129.8M | 20x | as long as short |
| Phoenix META | +0.0750% | 1h | 746.26 | +0.111% | $797K | $1.5M | 20x | as long as short |
Paradex META-USD-PERP
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
edgeX METAUSDC
tradeXYZ xyz:META
Phoenix META