Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.050%
Price spread now: Vest against Arcus+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.028% dearer against Arcus than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus META-USD | 741.26 | 0.0040 | pay 0.0005% / 1h | 48m 21s | $110K | $330K | 10x |
| Short | Vest META-USD-PERP | 741.47 | 0.0046 | get 0.0006% / 1h | 48m 21s | — | $10K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Arcus. 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
- $1.13
- Price spread: +0.028% → 0.000%
- $2.83
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$2.53
- Costs to cover
- 0.065%
- Break-even
- 22.6 days
Slippage unknown: Arcus: live order book, 15 min ago; Vest: 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, 15 min ago | 3.17 bp | 6.6 bp −$7 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0047% | 1h | 740.72 | −0.073% | $479K | $549K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.35 | +0.012% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.76 | −0.067% | $549K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.94 | −0.043% | $27.3M | $178.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.86 | −0.054% | $7.5M | $13.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.92 | −0.046% | $5.9M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.78 | −0.065% | $345K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 741.04 | −0.030% | $5.4M | $11.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 741.74 | +0.065% | $2.3M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 741.92 | +0.089% | $13K | $432K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 741.58 | +0.043% | $980 | $9.1M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 741.30 | +0.005% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 741.89 | +0.085% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 741.33 | +0.009% | $762K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0032% | 1h | 741.04 | −0.030% | $2.1M | $13.7M | 10x | as long as short |
| Arcus META-USDlong | +0.0040% | 1h | 741.26 | long leg | $110K | $330K | 10x | |
| Vest META-USD-PERPshort | +0.0046% | 1h | 741.47 | +0.028% | — | $10K | 25x | |
| Popdex METAUSDT | +0.0048% | 1h | 741.07 | −0.026% | $178K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.74 | −0.070% | $558K | $548K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.95 | −0.042% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.43 | −0.112% | $705K | $4.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0057% | 8h | 740.94 | −0.043% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0073% | 1h | 741.82 | +0.075% | $50K | $82K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 741.82 | +0.076% | $610K | $7.1M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 741.04 | −0.030% | $1.6M | $506K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 741.18 | −0.011% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.76 | −0.067% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.63 | −0.085% | $267 | — | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0115% | 1h | 740.47 | −0.107% | $31K | $245K | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.36 | +0.418% | $172K | $48K | 30x | as long as short |
| Lighter META | +0.0240% | 1h | 741.30 | +0.005% | $860K | $2.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.0264% | 1h | 741.28 | +0.003% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0353% | 1h | 740.98 | −0.038% | $69.0M | $120.0M | 20x | as long as short |
| Phoenix META | +0.0496% | 1h | 742.78 | +0.205% | $496K | $1.1M | 20x | as long as short |
| edgeX METAUSDC | +0.0529% | 4h | 741.87 | +0.083% | $62K | $335K | 10x | as long as short |
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
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
Deribit META_USDC-PERPETUAL
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC