Funding you earn now, next payment 10:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h −0.012%
Price spread now: Deribit against Vest−0.091%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Deribit is 0.091% cheaper against Vest than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 745.20 | 0.0046 | pay 0.0006% / 1h | 53m 31s | — | $12K | 25x |
| Short | Deribit META_USDC-PERPETUAL | 744.52 | 0.0193 | get 0.0024% / 1h | 53m 31s | $36K | $269K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Vest. 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
- $31.03
- Price spread: −0.091% → 0.000%
- −$9.13
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $12.9
- Costs to cover
- 0.090%
- Break-even
- 4.1 days
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 40 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 40 min ago | 3.83 bp | 7.3 bp −$7 | 8.4 bp −$84 | doesn't fit | doesn't fit |
Vest: 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 | 744.57 | −0.085% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 744.95 | −0.033% | $490K | $628K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 744.49 | −0.095% | $544K | $3.3M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 744.66 | −0.073% | $25.9M | $192.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 744.75 | −0.060% | $7.7M | $15.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 744.91 | −0.039% | $6.1M | $13.0M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.34 | −0.115% | $447K | $6.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 744.71 | −0.066% | $5.7M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.38 | +0.024% | $2.5M | $3.0M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 745.62 | +0.056% | $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 | 745.06 | −0.019% | $931 | $7.6M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.70 | −0.067% | $108K | $300K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 744.86 | −0.046% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 744.47 | −0.098% | $814K | $2.8M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.22 | −0.132% | $111K | $315K | 10x | as long as short |
| QFEX META-USD | +0.0041% | 1h | 744.90 | −0.040% | $2.2M | $14.1M | 10x | as long as short |
| Vest META-USD-PERPlong | +0.0046% | 1h | 745.20 | long leg | — | $12K | 25x | |
| Popdex METAUSDT | +0.0048% | 1h | 744.92 | −0.038% | $179K | $205K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.00 | −0.027% | $567K | $609K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 744.78 | −0.056% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 744.09 | −0.149% | $741K | $5.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0063% | 8h | 744.45 | −0.101% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0078% | 1h | 745.64 | +0.059% | $51K | $91K | 10x | as long as short |
| Nado META-PERP | +0.0088% | 1h | 744.06 | −0.154% | $478K | $559K | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 744.98 | −0.030% | $641K | $7.8M | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 744.82 | −0.052% | $608 | $2K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.74 | −0.062% | $1.6M | $806K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.91 | −0.039% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 744.89 | −0.042% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 744.65 | −0.074% | $268 | — | 10x | as long as short |
| Deribit META_USDC-PERPETUALshort | +0.0193% | 1h | 744.52 | −0.091% | $36K | $269K | 10x | |
| Injective META/USDC PERP | +0.0220% | 1h | 746.33 | +0.152% | $176K | $52K | 30x | as long as short |
| Hotstuff META-PERP | +0.0280% | 1h | 744.83 | −0.050% | $33K | $105 | 20x | as long as short |
| Lighter META | +0.0288% | 1h | 744.70 | −0.067% | $1.2M | $2.6M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0400% | 1h | 744.87 | −0.044% | $86.5M | $134.7M | 20x | as long as short |
| edgeX METAUSDC | +0.0473% | 4h | 745.31 | +0.015% | $63K | $346K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 746.65 | +0.195% | $797K | $1.5M | 20x | as long as short |
Deribit META_USDC-PERPETUAL
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
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META