Settings8H · net · $10k
Funding arb · Price arb /

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps METAUSD747.610.0087pay 0.0011% / 1h2m 13s$49K$91K10x
ShortLighter RH META747.700.0040get 0.0005% / 1h2m 13s$797K$3.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Lighter RH live order book, 1 min ago1.54 bp1.8 bp −$25.1 bp −$5143.9 bp −$4,390doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h747.04−0.076%$334K$1.1M20xas long as short
Aster METAUSDT0.0000%8h746.61−0.133%$480K$593K20xas long as short
Extended META_24_5-USD0.0000%1h747.27−0.045%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h747.26−0.047%$25.4M$189.8M20xas long as short
Bybit METAUSDT0.0000%8h747.42−0.025%$7.6M$15.5M100xas long as short
OKX META-USDT-SWAP0.0000%8h747.41−0.026%$6.0M$12.8M20xas long as short
Gate META_USDT0.0000%8h746.93−0.091%$473K$6.3M100xas long as short
Bitget METAUSDT0.0000%8h747.44−0.022%$5.7M$12.4M100xas long as short
Variational Omni META0.0000%8h746.51−0.146%$2.5M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h746.79−0.109%$12K$439K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h747.62+0.002%$976$8.0M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h747.02−0.079%$34K$276K10xas long as short
HTX META-USDT0.0000%8h747.17−0.058%$108K$311K30xas long as short
Phemex METAUSDT0.0000%4h747.11−0.067%$2.0M$8K10xas long as short
Nado META-PERP+0.0015%1h747.18−0.057%$482K$560K20xas long as short
QFEX META-USD+0.0031%1h747.31−0.040%$2.2M$14.1M10xas long as short
Lighter RH METAshort+0.0040%1h747.70+0.012%$797K$3.1M20x
Arcus META-USD+0.0040%1h746.72−0.119%$112K$338K10xas long as short
Vest META-USD-PERP+0.0046%1h747.82+0.028%$12K25xas long as short
Polymarket Perps META-USD+0.0050%1h747.19−0.056%$568K$621K10xas long as short
SoDEX META-USD+0.0050%1h747.35−0.034%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h746.92−0.092%$734K$5.1M10xas long as short
Paradex META-USD-PERP+0.0057%8h747.50−0.015%5xas long as short
Popdex METAUSDT+0.0080%1h747.46−0.020%$178K$202K20xas long as short
Aftermath Perps METAUSDlong+0.0087%1h747.61long leg$49K$91K10x
Pacifica META+0.0100%1h747.56−0.006%$634$1K10xas long as short
KuCoin METAUSDTM+0.0100%8h747.05−0.075%$1.6M$732K20xas long as short
ApeX Omni METAUSDT+0.0100%1h746.01−0.214%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h747.42−0.025%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h747.26−0.047%$26910xas long as short
Coinbase International META-PERP-INTX+0.0104%1h746.42−0.159%$643K$8.0M10xas long as short
Injective META/USDC PERP+0.0220%1h749.54+0.259%$177K$51K30xas long as short
Lighter META+0.0448%1h747.85+0.032%$1.1M$2.9M20xas long as short
Hotstuff META-PERP+0.0464%1h747.75+0.019%$33K$10520xas long as short
edgeX METAUSDC+0.0471%4h746.62−0.132%$62K$345K10xas long as short
tradeXYZ xyz:META+0.0563%1h747.96+0.047%$83.9M$131.8M20xas long as short
Phoenix META+0.0750%1h748.04+0.058%$799K$1.5M20xas long as short