Funding you earn now, next payment 23:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Vest+0.011%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
=Together, before fees—+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest META-USD-PERP | 742.47 | 0.0046 | pay 0.0006% / 1h | 7m 29s | — | $9K | 25x |
| Short | Lighter META | 742.55 | 0.0112 | get 0.0014% / 1h | 7m 29s | $864K | $2.5M | 20x |
Vest META-USD-PERP
Lighter METAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $13.93
- Price spread: +0.011% → 0.000%
- $1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $13
- Costs to cover
- 0.020%
- Break-even
- 0.5 days
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago | 0.74 bp | 1.1 bp −$1 | 1.4 bp −$14 | 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 | 742.37 | −0.013% | $327K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0053% | 1h | 742.05 | −0.057% | $392K | $328K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.89 | −0.078% | $458K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 742.11 | −0.049% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 742.26 | −0.028% | $27.2M | $178.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 742.19 | −0.038% | $7.5M | $14.0M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 742.21 | −0.035% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 741.86 | −0.082% | $350K | $5.5M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 742.24 | −0.031% | $5.8M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 742.23 | −0.032% | $2.1M | $3.1M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 742.18 | −0.039% | $12K | $499K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 742.19 | −0.038% | $1K | $9.5M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 742.30 | −0.023% | $107K | $286K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 742.40 | −0.009% | $2.0M | $7K | 10x | as long as short |
| QFEX META-USD | +0.0003% | 1h | 742.04 | −0.058% | $2.2M | $14.3M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 742.55 | +0.011% | $760K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 741.96 | −0.069% | $110K | $481K | 10x | as long as short |
| Vest META-USD-PERPlong | +0.0046% | 1h | 742.47 | long leg | — | $9K | 25x | |
| Deribit META_USDC-PERPETUAL | +0.0047% | 1h | 742.10 | −0.050% | $30K | $256K | 10x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 742.22 | −0.034% | $178K | $202K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 742.27 | −0.027% | $542K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 742.35 | −0.016% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 741.85 | −0.084% | $723K | $4.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0052% | 8h | 742.31 | −0.022% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0058% | 1h | 742.51 | +0.006% | $53K | $69K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0064% | 1h | 742.12 | −0.047% | $606K | $7.4M | 10x | as long as short |
| Phoenix META | +0.0065% | 1h | 741.81 | −0.089% | $291K | $791K | 20x | as long as short |
| Hotstuff META-PERP | +0.0080% | 1h | 742.28 | −0.026% | $33K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 742.15 | −0.043% | $1.6M | $369K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 741.64 | −0.112% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 742.31 | −0.022% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 742.25 | −0.029% | $267 | — | 10x | as long as short |
| Lighter METAshort | +0.0112% | 1h | 742.55 | +0.011% | $864K | $2.5M | 20x | |
| tradeXYZ xyz:META | +0.0135% | 1h | 742.25 | −0.030% | $67.4M | $122.0M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.81 | −0.089% | $169K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0539% | 4h | 742.29 | −0.024% | $62K | $330K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter RH META
Arcus META-USD
Deribit META_USDC-PERPETUAL
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
Hotstuff META-PERP
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
tradeXYZ xyz:META
Injective META/USDC PERP
edgeX METAUSDC