META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h −0.036%

Price spread now: Hotstuff against Arcus−0.032%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Hotstuff

What this pair did over the last

the charts below follow

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 airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.032% cheaper against Arcus than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus META-USD	739.81	0.0063	pay 0.0008% / 1h	51m 38s	$110K	$331K	10x
Short	Hotstuff META-PERP	739.57	0.0216	get 0.0027% / 1h	51m 38s	$33K	$105	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Arcus. 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 ArcusbpFee HotstuffbpOrdersPrice spread, now −0.032%Rate

Funding earned: $32.16
Price spread: −0.032% → 0.000%: −$3.24
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $19.42
Costs to cover: 0.095%
Break-even: 2.8 days

Slippage unknown: Arcus: live order book, 22 min ago; 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 Arcus live order book, 22 min ago	1.75 bp	4.0 bp −$4	9.4 bp −$94	12.6 bp −$1,257	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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 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	740.22	+0.055%	$327K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	740.68	+0.118%	$461K	$546K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.64	−0.023%	$553K	$1.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.78	−0.004%	$27.4M	$179.0M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.87	+0.008%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.84	+0.004%	$6.0M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.51	−0.041%	$357K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.83	+0.003%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	740.51	+0.094%	$2.3M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	740.20	+0.053%	$12K	$486K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	740.15	+0.046%	$953	$9.4M	20x	as long as short
HTX META-USDT	0.0000%	8h	739.62	−0.026%	$106K	$285K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	740.85	+0.141%	$2.0M	$7K	10x	as long as short
Nado META-PERP	+0.0026%	1h	739.40	−0.056%	$384K	$334K	20x	as long as short
Lighter RH META	+0.0032%	1h	739.94	+0.018%	$757K	$3.1M	20x	as long as short
Vest META-USD-PERP	+0.0046%	1h	739.93	+0.016%	—	$11K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	739.84	+0.004%	$177K	$194K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.65	−0.022%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.68	−0.018%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	739.13	−0.092%	$735K	$4.3M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.72	−0.012%	$2.2M	$14.2M	10x	as long as short
Arcus META-USDlong	+0.0063%	1h	739.81	long leg	$110K	$331K	10x
Paradex META-USD-PERP	+0.0070%	8h	739.53	−0.038%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0071%	1h	740.59	+0.105%	$49K	$77K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.90	+0.012%	$1.6M	$411K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.48	−0.045%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.92	+0.015%	$1K	$24	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0102%	1h	739.66	−0.020%	$30K	$253K	10x	as long as short
Aevo META-PERP	+0.0104%	1h	739.93	+0.016%	$266	—	10x	as long as short
tradeXYZ xyz:META	+0.0116%	1h	739.56	−0.034%	$67.6M	$121.2M	20x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	740.11	+0.041%	$602K	$7.3M	10x	as long as short
Hotstuff META-PERPshort	+0.0216%	1h	739.57	−0.032%	$33K	$105	20x
Injective META/USDC PERP	+0.0220%	1h	740.31	+0.068%	$168K	$46K	30x	as long as short
Lighter META	+0.0240%	1h	740.02	+0.028%	$856K	$2.4M	20x	as long as short
Phoenix META	+0.0259%	1h	740.67	+0.116%	$287K	$930K	20x	as long as short
edgeX METAUSDC	+0.0474%	4h	740.08	+0.036%	$62K	$333K	10x	as long as short