META

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0310%/8h= −33.9% APRnext payment −$0.39 per $10,000 · paid last 24h −0.013%

Price spread now: Ondo Perps against Hotstuff−0.083%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Ondo Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.083% cheaper against Hotstuff than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff META-PERP	744.14	0.0360	pay 0.0045% / 1h	24m 26s	$33K	$105	20x
Short	Ondo Perps META-USD.P	743.52	0.0050	get 0.0006% / 1h	24m 26s	$736K	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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 HotstuffbpFee Ondo PerpsbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$65.02
Price spread: −0.083% → 0.000%: −$8.33
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$83.35
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Hotstuff and Ondo 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 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	744.02	−0.016%	$331K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.45	+0.042%	$479K	$589K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.56	−0.078%	$544K	$2.6M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.75	−0.053%	$27.7M	$182.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.86	−0.038%	$7.3M	$15.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.84	−0.040%	$6.0M	$12.4M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.24	−0.121%	$440K	$5.9M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.89	−0.034%	$5.6M	$12.1M	100x	as long as short
Variational Omni META	0.0000%	8h	743.94	−0.027%	$2.4M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	743.10	−0.139%	$12K	$442K	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	743.94	−0.027%	$782	$8.4M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.40	−0.099%	$31K	$264K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.79	−0.047%	$106K	$306K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.28	−0.116%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0020%	1h	743.68	−0.061%	$481K	$558K	20x	as long as short
Lighter RH META	+0.0032%	1h	744.02	−0.016%	$769K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	743.21	−0.125%	$110K	$331K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.16	+0.003%	—	$11K	25x	as long as short
QFEX META-USD	+0.0046%	1h	743.69	−0.060%	$2.2M	$13.8M	10x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.72	−0.056%	$178K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.38	−0.102%	$585K	$564K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.72	−0.056%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.Pshort	+0.0050%	1h	743.52	−0.083%	$736K	$4.9M	10x
Paradex META-USD-PERP	+0.0075%	8h	743.78	−0.049%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	744.33	+0.025%	$51K	$81K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.73	−0.055%	$1.6M	$646K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.02	−0.151%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.78	−0.048%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.65	−0.067%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	743.58	−0.075%	$655K	$7.8M	10x	as long as short
edgeX METAUSDC	+0.0212%	4h	743.26	−0.118%	$62K	$339K	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	745.90	+0.237%	$172K	$46K	30x	as long as short
Lighter META	+0.0312%	1h	744.16	+0.003%	$1.0M	$2.6M	20x	as long as short
Hotstuff META-PERPlong	+0.0360%	1h	744.14	long leg	$33K	$105	20x
tradeXYZ xyz:META	+0.0438%	1h	743.96	−0.024%	$74.7M	$124.8M	20x	as long as short
Phoenix META	+0.0685%	1h	744.15	+0.001%	$795K	$1.4M	20x	as long as short