META

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Lighter RH against Vest−0.004%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 Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 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 RH: Points live · 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: $0 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	740.93	0.0046	pay 0.0006% / 1h	48m 01s	—	$11K	25x
Short	Lighter RH META	740.90	0.0032	get 0.0004% / 1h	48m 01s	$861K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$2.87
Price spread: −0.004% → 0.000%: −$0.4
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$5.28
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 3 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 RH live order book, 3 min ago	1.48 bp	2.3 bp −$2	4.6 bp −$46	40.9 bp −$4,095	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 exchanges

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
Hotstuff META-PERP	−0.1600%	1h	742.40	+0.198%	$33K	$105	20x	as long as short
BloFin META-USDT	−0.0113%	8h	740.93	0.000%	$339K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.00	+0.009%	$492K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	740.65	−0.038%	$545K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	740.87	−0.008%	$25.8M	$192.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	740.47	−0.062%	$7.5M	$16.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	740.58	−0.047%	$6.0M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	740.40	−0.072%	$457K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	740.75	−0.024%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	741.83	+0.121%	$2.5M	$3.0M	—	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	742.36	+0.193%	$12K	$432K	10x	as long as short
SunX META-USDT	0.0000%	8h	741.03	+0.013%	$992	$7.3M	20x	as long as short
HTX META-USDT	0.0000%	8h	740.67	−0.035%	$107K	$299K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	741.30	+0.050%	$2.0M	$8K	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0007%	1h	740.36	−0.077%	$36K	$257K	10x	as long as short
Lighter RH METAshort	+0.0032%	1h	740.90	−0.004%	$861K	$2.8M	20x
QFEX META-USD	+0.0038%	1h	740.47	−0.062%	$2.2M	$14.0M	10x	as long as short
Arcus META-USD	+0.0040%	1h	740.71	−0.030%	$111K	$284K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	740.93	long leg	—	$11K	25x
Polymarket Perps META-USD	+0.0050%	1h	740.30	−0.085%	$558K	$612K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	740.61	−0.043%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	740.69	−0.032%	$702K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0053%	8h	740.83	−0.014%	—	—	5x	as long as short
Coinbase International META-PERP-INTX	+0.0064%	1h	740.26	−0.090%	$648K	$7.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0074%	1h	741.26	+0.045%	$53K	$86K	10x	as long as short
Pacifica META	+0.0100%	1h	740.97	+0.006%	$605	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	740.79	−0.019%	$1.6M	$879K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.45	+0.070%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	740.67	−0.035%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	740.50	−0.057%	$267	—	10x	as long as short
Popdex METAUSDT	+0.0120%	1h	740.53	−0.054%	$178K	$200K	20x	as long as short
Nado META-PERP	+0.0127%	1h	740.46	−0.064%	$475K	$552K	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	743.75	+0.381%	$168K	$61K	30x	as long as short
tradeXYZ xyz:META	+0.0292%	1h	740.81	−0.016%	$86.0M	$135.4M	20x	as long as short
Lighter META	+0.0376%	1h	740.91	−0.003%	$1.2M	$2.7M	20x	as long as short
Phoenix META	+0.0613%	1h	743.01	+0.281%	$793K	$1.5M	20x	as long as short
edgeX METAUSDC	+0.0833%	4h	742.11	+0.159%	$62K	$349K	10x	as long as short