Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.029%
Price spread now: Lighter RH against Aftermath Perps+0.012%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropLighter 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: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps METAUSD | 747.61 | 0.0087 | pay 0.0011% / 1h | 2m 13s | $49K | $91K | 10x |
| Short | Lighter RH META | 747.70 | 0.0040 | get 0.0005% / 1h | 2m 13s | $797K | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aftermath Perps. 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
- −$9.97
- Price spread: +0.012% → 0.000%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$17.73
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 1 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 1 min ago | 1.54 bp | 1.8 bp −$2 | 5.1 bp −$51 | 43.9 bp −$4,390 | doesn't fit |
Aftermath Perps: 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 | 747.04 | −0.076% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.61 | −0.133% | $480K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 747.27 | −0.045% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 747.26 | −0.047% | $25.4M | $189.8M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 747.42 | −0.025% | $7.6M | $15.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 747.41 | −0.026% | $6.0M | $12.8M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 746.93 | −0.091% | $473K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 747.44 | −0.022% | $5.7M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.51 | −0.146% | $2.5M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.79 | −0.109% | $12K | $439K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 747.62 | +0.002% | $976 | $8.0M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 747.02 | −0.079% | $34K | $276K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 747.17 | −0.058% | $108K | $311K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 747.11 | −0.067% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0015% | 1h | 747.18 | −0.057% | $482K | $560K | 20x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 747.31 | −0.040% | $2.2M | $14.1M | 10x | as long as short |
| Lighter RH METAshort | +0.0040% | 1h | 747.70 | +0.012% | $797K | $3.1M | 20x | |
| Arcus META-USD | +0.0040% | 1h | 746.72 | −0.119% | $112K | $338K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 747.82 | +0.028% | — | $12K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 747.19 | −0.056% | $568K | $621K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 747.35 | −0.034% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 746.92 | −0.092% | $734K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0057% | 8h | 747.50 | −0.015% | — | — | 5x | as long as short |
| Popdex METAUSDT | +0.0080% | 1h | 747.46 | −0.020% | $178K | $202K | 20x | as long as short |
| Aftermath Perps METAUSDlong | +0.0087% | 1h | 747.61 | long leg | $49K | $91K | 10x | |
| Pacifica META | +0.0100% | 1h | 747.56 | −0.006% | $634 | $1K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 747.05 | −0.075% | $1.6M | $732K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.01 | −0.214% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 747.42 | −0.025% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 747.26 | −0.047% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 746.42 | −0.159% | $643K | $8.0M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 749.54 | +0.259% | $177K | $51K | 30x | as long as short |
| Lighter META | +0.0448% | 1h | 747.85 | +0.032% | $1.1M | $2.9M | 20x | as long as short |
| Hotstuff META-PERP | +0.0464% | 1h | 747.75 | +0.019% | $33K | $105 | 20x | as long as short |
| edgeX METAUSDC | +0.0471% | 4h | 746.62 | −0.132% | $62K | $345K | 10x | as long as short |
| tradeXYZ xyz:META | +0.0563% | 1h | 747.96 | +0.047% | $83.9M | $131.8M | 20x | as long as short |
| Phoenix META | +0.0750% | 1h | 748.04 | +0.058% | $799K | $1.5M | 20x | as long as short |
Aftermath Perps METAUSD
Lighter RH META
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
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
Phemex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Popdex METAUSDT
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
edgeX METAUSDC
tradeXYZ xyz:META
Phoenix META