META

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0272%/8h= +29.8% APRnext payment +$0.34 per $10,000 · paid last 24h −0.002%

Price spread now: Hotstuff against Aevo+0.076%46s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Hotstuff

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hotstuff is 0.076% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo META-PERP	744.88	0.0104	pay 0.0013% / 1h	10m 30s	$268	—	10x
Short	Hotstuff META-PERP	745.44	0.0376	get 0.0047% / 1h	10m 30s	$33K	$105	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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 AevobpFee HotstuffbpOrdersPrice spread, now +0.076%Rate

Funding earned: $57.12
Price spread: +0.076% → 0.000%: $7.56
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $43.68
Costs to cover: 0.210%
Break-even: 1.6 days

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

Aevo 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 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	745.11	+0.031%	$331K	$1.1M	20x	as long as short
Nado META-PERP	−0.0036%	1h	744.66	−0.029%	$480K	$559K	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.27	+0.053%	$479K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.89	+0.001%	$548K	$1.8M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.10	+0.029%	$24.9M	$188.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.10	+0.030%	$7.4M	$15.3M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.07	+0.026%	$6.0M	$12.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.48	−0.053%	$463K	$6.2M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.99	+0.015%	$5.5M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	744.90	+0.003%	$2.4M	$3.1M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.96	+0.012%	$13K	$436K	10x	as long as short
SunX META-USDT	0.0000%	8h	744.85	−0.004%	$982	$8.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.54	−0.045%	$34K	$274K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.80	−0.010%	$106K	$308K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.93	+0.007%	$2.0M	$8K	10x	as long as short
QFEX META-USD	+0.0031%	1h	744.83	−0.006%	$2.2M	$13.8M	10x	as long as short
Lighter RH META	+0.0032%	1h	745.36	+0.065%	$789K	$3.1M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.76	−0.016%	$112K	$339K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.33	+0.061%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.09	+0.029%	$177K	$203K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.68	−0.026%	$578K	$572K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	745.01	+0.018%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.59	−0.039%	$689K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	744.90	+0.003%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0086%	1h	745.90	+0.137%	$52K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.00	+0.017%	$1.6M	$693K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.53	−0.047%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.95	+0.010%	$1K	$24	10x	as long as short
Aevo META-PERPlong	+0.0104%	1h	744.88	long leg	$268	—	10x
Coinbase International META-PERP-INTX	+0.0104%	1h	744.73	−0.020%	$650K	$7.9M	10x	as long as short
edgeX METAUSDC	+0.0118%	4h	744.61	−0.036%	$62K	$342K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	747.19	+0.311%	$172K	$46K	30x	as long as short
Lighter META	+0.0368%	1h	745.54	+0.089%	$1.1M	$2.7M	20x	as long as short
Hotstuff META-PERPshort	+0.0376%	1h	745.44	+0.076%	$33K	$105	20x
tradeXYZ xyz:META	+0.0489%	1h	745.46	+0.078%	$78.2M	$128.1M	20x	as long as short
Phoenix META	+0.0739%	1h	745.99	+0.149%	$796K	$1.5M	20x	as long as short
Pacifica META	+0.0800%	1h	745.15	+0.037%	$16	$103	10x	as long as short