Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.138%
Price spread now: Extended against Vest−0.020%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.020% cheaper against Vest than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 739.09 | 0.0046 | pay 0.0006% / 1h | 33m 08s | — | $11K | 25x |
| Short | Extended META_24_5-USD | 738.94 | 0 | get 0.0000% / 1h | 33m 08s | $547K | $2.6M | 17x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.59
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.59
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Extended: live order book, 6 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 Extended live order book, 6 min ago | 0.07 bp | 5.1 bp −$5 | 43.1 bp −$431 | 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 36 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 | 738.97 | −0.016% | $329K | $1.1M | 20x | as long as short |
| Phemex METAUSDT | −0.0022% | 4h | 738.98 | −0.015% | $2.0M | $8K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 739.15 | +0.008% | $465K | $549K | 20x | as long as short |
| Extended META_24_5-USDshort | 0.0000% | 1h | 738.94 | −0.020% | $547K | $2.6M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 739.08 | −0.002% | $27.3M | $179.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 738.98 | −0.015% | $7.6M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 738.90 | −0.026% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 738.55 | −0.073% | $351K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 738.81 | −0.038% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 738.79 | −0.041% | $2.3M | $3.3M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 738.91 | −0.025% | $12K | $479K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 739.25 | +0.022% | $574 | $9.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 738.69 | −0.054% | $30K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 738.62 | −0.064% | $106K | $291K | 30x | as long as short |
| Nado META-PERP | +0.0020% | 1h | 738.55 | −0.073% | $371K | $343K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 738.98 | −0.015% | $756K | $3.1M | 20x | as long as short |
| Vest META-USD-PERPlong | +0.0046% | 1h | 739.09 | long leg | — | $11K | 25x | |
| Popdex METAUSDT | +0.0048% | 1h | 738.89 | −0.027% | $177K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 738.81 | −0.038% | $557K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 738.82 | −0.037% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 738.10 | −0.134% | $692K | $4.4M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 738.94 | −0.020% | $2.2M | $14.2M | 10x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 738.37 | −0.097% | $110K | $331K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0068% | 8h | 738.67 | −0.056% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0071% | 1h | 739.42 | +0.044% | $48K | $80K | 10x | as long as short |
| Hotstuff META-PERP | +0.0088% | 1h | 738.93 | −0.022% | $33K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 739.02 | −0.009% | $1.6M | $428K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 738.44 | −0.088% | $165K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 739.20 | +0.015% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 738.96 | −0.018% | $266 | — | 10x | as long as short |
| edgeX METAUSDC | +0.0143% | 4h | 738.77 | −0.043% | $62K | $334K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 738.49 | −0.081% | $604K | $7.3M | 10x | as long as short |
| tradeXYZ xyz:META | +0.0173% | 1h | 738.93 | −0.022% | $67.4M | $121.5M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.02 | +0.261% | $171K | $48K | 30x | as long as short |
| Phoenix META | +0.0259% | 1h | 738.15 | −0.127% | $277K | $930K | 20x | as long as short |
| Lighter META | +0.0264% | 1h | 739.13 | +0.005% | $851K | $2.5M | 20x | as long as short |
Extended META_24_5-USD
BloFin META-USDT
Phemex METAUSDT
Aster METAUSDT
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
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
edgeX METAUSDC
Coinbase International META-PERP-INTX
tradeXYZ xyz:META
Injective META/USDC PERP
Phoenix META
Lighter META