Funding you earn now, next payment 07:00 UTC−0.0403%/8h= −44.2% APRnext payment −$0.50 per $10,000 · paid last 24h −0.018%
Price spread now: Aftermath Perps against tradeXYZ+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aftermath Perps is 0.028% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:META | 745.56 | 0.0489 | pay 0.0061% / 1h | 16m 36s | $78.0M | $127.7M | 20x |
| Short | Aftermath Perps METAUSD | 745.77 | 0.0085 | get 0.0011% / 1h | 16m 36s | $52K | $81K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against tradeXYZ. 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
- −$84.71
- Price spread: +0.028% → 0.000%
- $2.82
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$108.89
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 3 min ago; Aftermath Perps: 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 tradeXYZ live order book, 3 min ago | 0.27 bp | 9.8 bp −$10 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 | 744.83 | −0.098% | $332K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0040% | 1h | 744.68 | −0.117% | $480K | $559K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.37 | −0.025% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 744.66 | −0.121% | $548K | $1.8M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 744.87 | −0.093% | $25.0M | $188.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 744.96 | −0.080% | $7.3M | $15.3M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 744.79 | −0.103% | $6.0M | $12.6M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.50 | −0.142% | $462K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 744.98 | −0.078% | $5.5M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 744.80 | −0.102% | $2.4M | $3.3M | — | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 744.86 | −0.094% | $13K | $440K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 744.81 | −0.101% | $873 | $8.2M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.39 | −0.157% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.90 | −0.089% | $106K | $308K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 744.85 | −0.095% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 744.76 | −0.107% | $2.2M | $13.8M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.34 | −0.030% | $787K | $2.9M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.64 | −0.123% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.55 | −0.001% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 744.83 | −0.098% | $177K | $203K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.44 | −0.150% | $586K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 744.77 | −0.106% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 744.35 | −0.162% | $685K | $5.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0058% | 8h | 744.89 | −0.090% | — | — | 5x | as long as short |
| Aftermath Perps METAUSDshort | +0.0085% | 1h | 745.77 | +0.028% | $52K | $81K | 10x | |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.84 | −0.097% | $1.6M | $689K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.29 | −0.170% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 744.82 | −0.099% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 744.69 | −0.117% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 744.73 | −0.111% | $650K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 747.34 | +0.239% | $172K | $46K | 30x | as long as short |
| Lighter META | +0.0360% | 1h | 745.50 | −0.008% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0376% | 1h | 745.55 | −0.001% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:METAlong | +0.0489% | 1h | 745.56 | long leg | $78.0M | $127.7M | 20x | |
| edgeX METAUSDC | +0.0678% | 4h | 744.71 | −0.114% | $62K | $344K | 10x | as long as short |
| Phoenix META | +0.0739% | 1h | 746.42 | +0.115% | $797K | $1.5M | 20x | as long as short |
| Pacifica META | +0.0800% | 1h | 745.09 | −0.063% | $16 | $103 | 10x | as long as short |
tradeXYZ xyz:META
Aftermath Perps METAUSD
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
Paradex META-USD-PERP
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
edgeX METAUSDC
Phoenix META
Pacifica META