META

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.012%

Price spread now: Hotstuff against Vest−0.026%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Hotstuff

What this pair did over the last

the charts below follow

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 · Hotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.026% cheaper against Vest than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest META-USD-PERP	743.98	0.0046	pay 0.0006% / 1h	46m 56s	—	$11K	25x
Short	Hotstuff META-PERP	743.79	0.0128	get 0.0016% / 1h	46m 56s	$33K	$105	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee HotstuffbpOrdersPrice spread, now −0.026%Rate

Funding earned: $17.29
Price spread: −0.026% → 0.000%: −$2.55
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $7.73
Costs to cover: 0.070%
Break-even: 3.9 days

Slippage unknown: Vest: 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 Vest no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Vest 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 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	743.67	−0.042%	$281K	$1.1M	20x	as long as short
Nado META-PERP	−0.0071%	1h	743.53	−0.061%	$392K	$329K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.23	−0.101%	$459K	$536K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.54	−0.059%	$549K	$1.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.67	−0.042%	$27.4M	$179.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.67	−0.042%	$7.5M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.77	−0.028%	$6.0M	$13.2M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.26	−0.097%	$345K	$5.5M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.52	−0.062%	$5.6M	$11.4M	100x	as long as short
Variational Omni META	0.0000%	8h	742.97	−0.135%	$2.3M	$3.2M	—	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	743.15	−0.112%	$13K	$486K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.45	−0.071%	$900	$9.5M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.43	−0.074%	$30K	$257K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.45	−0.071%	$107K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.35	−0.085%	$2.0M	$7K	10x	as long as short
QFEX META-USD	+0.0027%	1h	743.48	−0.067%	$2.2M	$14.3M	10x	as long as short
Lighter RH META	+0.0032%	1h	743.98	0.000%	$760K	$3.2M	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.23	−0.101%	$110K	$481K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	743.98	long leg	—	$11K	25x
Popdex METAUSDT	+0.0048%	1h	743.68	−0.040%	$178K	$209K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.71	−0.036%	$543K	$841K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.63	−0.047%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.17	−0.109%	$782K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0051%	8h	743.63	−0.047%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0061%	1h	743.55	−0.057%	$52K	$72K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	743.28	−0.094%	$610K	$7.4M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.42	−0.075%	$1.6M	$377K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	742.72	−0.169%	$166K	$74K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.53	−0.060%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.44	−0.073%	$268	—	10x	as long as short
Hotstuff META-PERPshort	+0.0128%	1h	743.79	−0.026%	$33K	$105	20x
Phoenix META	+0.0129%	1h	743.34	−0.086%	$292K	$797K	20x	as long as short
Lighter META	+0.0136%	1h	743.93	−0.007%	$865K	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0209%	1h	743.79	−0.026%	$67.6M	$122.3M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	742.73	−0.168%	$169K	$46K	30x	as long as short
edgeX METAUSDC	+0.0897%	4h	743.03	−0.128%	$62K	$332K	10x	as long as short