Funding you earn now, next payment 09:00 UTC+0.0502%/8h= +55.0% APRnext payment +$0.63 per $10,000 · paid last 24h +0.007%
Price spread now: Hotstuff against Polymarket Perps+0.110%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hotstuff is 0.110% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 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 | Polymarket Perps META-USD | 744.60 | 0.0050 | pay 0.0006% / 1h | 57m 51s | $566K | $621K | 10x |
| Short | Hotstuff META-PERP | 745.42 | 0.0552 | get 0.0069% / 1h | 57m 51s | $33K | $105 | 20x |
Polymarket Perps META-USD
Hotstuff META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Polymarket Perps. 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
- $105.42
- Price spread: +0.110% → 0.000%
- $11.01
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $103.43
- Costs to cover
- 0.130%
- Break-even
- 0.1 days
Slippage unknown: Polymarket Perps: live order book, 40 min ago; 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 Polymarket Perps live order book, 40 min ago | 0.54 bp | 6.8 bp −$7 | 8.0 bp −$80 | 9.0 bp −$898 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 | 745.35 | +0.101% | $333K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.00 | +0.188% | $480K | $597K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.62 | +0.137% | $547K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.66 | +0.143% | $25.4M | $189.8M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.32 | +0.097% | $7.5M | $15.4M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.57 | +0.130% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.70 | +0.148% | $476K | $6.1M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.43 | +0.111% | $5.7M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 747.50 | +0.390% | $2.5M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 747.70 | +0.416% | $12K | $439K | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 745.53 | +0.125% | $571 | $8.0M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.37 | +0.103% | $53K | $293K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 746.01 | +0.189% | $108K | $312K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.93 | +0.179% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0027% | 1h | 744.76 | +0.022% | $481K | $560K | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 745.01 | +0.055% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.88 | +0.038% | $112K | $337K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.68 | +0.145% | — | $12K | 25x | as long as short |
| Polymarket Perps META-USDlong | +0.0050% | 1h | 744.60 | long leg | $566K | $621K | 10x | |
| SoDEX META-USD | +0.0050% | 1h | 745.50 | +0.121% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.30 | +0.094% | $729K | $5.2M | 10x | as long as short |
| Popdex METAUSDT | +0.0056% | 1h | 745.25 | +0.087% | $177K | $202K | 20x | as long as short |
| Paradex META-USD-PERP | +0.0057% | 8h | 744.97 | +0.050% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0087% | 1h | 746.11 | +0.203% | $49K | $91K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.33 | +0.098% | $632 | $1K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 746.09 | +0.200% | $1.6M | $736K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.64 | +0.274% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.82 | +0.164% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.63 | +0.138% | $268 | — | 10x | as long as short |
| Lighter RH META | +0.0120% | 1h | 746.19 | +0.214% | $796K | $2.9M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 745.16 | +0.075% | $642K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 746.51 | +0.257% | $176K | $52K | 30x | as long as short |
| Lighter META | +0.0328% | 1h | 746.34 | +0.234% | $1.1M | $2.8M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0466% | 1h | 745.58 | +0.132% | $84.6M | $132.8M | 20x | as long as short |
| Hotstuff META-PERPshort | +0.0552% | 1h | 745.42 | +0.110% | $33K | $105 | 20x | |
| Phoenix META | +0.0750% | 1h | 748.38 | +0.508% | $799K | $1.5M | 20x | as long as short |
| edgeX METAUSDC | +0.0907% | 4h | 746.95 | +0.315% | $62K | $345K | 10x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Nado META-PERP
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
SoDEX META-USD
Ondo Perps META-USD.P
Popdex METAUSDT
Paradex META-USD-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Lighter RH META
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC