Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: Vest against Deribit+0.115%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
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.115% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread 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 | Deribit META_USDC-PERPETUAL | 744.85 | 0 | get 0.0000% / 1h | 34m 04s | $34K | $275K | 10x |
| Short | Vest META-USD-PERP | 745.71 | 0.0046 | get 0.0006% / 1h | 34m 04s | — | $12K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Deribit. 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
- $9.59
- Price spread: +0.115% → 0.000%
- $11.55
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $12.14
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 4 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 Deribit live order book, 4 min ago | 0.07 bp | 10.3 bp −$10 | 13.1 bp −$131 | 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 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 | 745.79 | +0.126% | $332K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.00 | +0.020% | $479K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.18 | +0.044% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.34 | +0.066% | $25.1M | $188.4M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.20 | +0.047% | $7.5M | $15.3M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.59 | +0.099% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.79 | −0.008% | $469K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.40 | +0.074% | $5.5M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.45 | +0.081% | $2.4M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 745.58 | +0.098% | $12K | $436K | 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 | 745.35 | +0.067% | $966 | $8.0M | 20x | as long as short |
| Deribit META_USDC-PERPETUALlong | 0.0000% | 1h | 744.85 | long leg | $34K | $275K | 10x | |
| HTX META-USDT | 0.0000% | 8h | 745.18 | +0.044% | $108K | $312K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.48 | +0.085% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 745.42 | +0.077% | $2.2M | $13.9M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.16 | +0.042% | $112K | $339K | 10x | as long as short |
| Nado META-PERP | +0.0042% | 1h | 745.10 | +0.034% | $480K | $560K | 20x | as long as short |
| Vest META-USD-PERPshort | +0.0046% | 1h | 745.71 | +0.115% | — | $12K | 25x | |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.16 | +0.042% | $565K | $621K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.38 | +0.071% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 744.98 | +0.017% | $729K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0055% | 8h | 745.34 | +0.065% | — | — | 5x | as long as short |
| Lighter RH META | +0.0056% | 1h | 745.65 | +0.107% | $789K | $3.1M | 20x | as long as short |
| Aftermath Perps METAUSD | +0.0087% | 1h | 746.22 | +0.184% | $48K | $90K | 10x | as long as short |
| Popdex METAUSDT | +0.0088% | 1h | 745.50 | +0.087% | $177K | $203K | 20x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.62 | +0.103% | $25 | $189 | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.24 | +0.052% | $1.6M | $717K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.68 | −0.023% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.47 | +0.083% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.29 | +0.060% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 745.33 | +0.064% | $645K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 747.69 | +0.381% | $172K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0275% | 4h | 745.30 | +0.061% | $62K | $344K | 10x | as long as short |
| Lighter META | +0.0464% | 1h | 745.83 | +0.132% | $1.1M | $2.9M | 20x | as long as short |
| Hotstuff META-PERP | +0.0472% | 1h | 746.06 | +0.162% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0573% | 1h | 745.92 | +0.144% | $81.5M | $130.0M | 20x | as long as short |
| Phoenix META | +0.0750% | 1h | 746.69 | +0.247% | $797K | $1.5M | 20x | as long as short |
Deribit META_USDC-PERPETUAL
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
HTX META-USDT
Phemex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Lighter RH META
Aftermath Perps METAUSD
Popdex METAUSDT
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Injective META/USDC PERP
edgeX METAUSDC
Lighter META
tradeXYZ xyz:META
Phoenix META