META

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.050%

Price spread now: Arcus against Vest−0.103%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Arcus

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Arcus is 0.103% cheaper against Vest than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 20 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest META-USD-PERP	739.88	0.0046	pay 0.0006% / 1h	22m 42s	—	$11K	25x
Short	Arcus META-USD	739.12	0.0063	get 0.0008% / 1h	22m 42s	$110K	$331K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Vest. 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 VestbpFee ArcusbpOrdersPrice spread, now −0.103%Rate

Funding earned: $3.6
Price spread: −0.103% → 0.000%: −$10.27
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$13.17
Costs to cover: 0.065%
Break-even: 32.6 days

Slippage unknown: Vest: no order-book sample; Arcus: live order book, 51 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Arcus live order book, 51 min ago	1.75 bp	7.2 bp −$7	7.8 bp −$78	16.4 bp −$1,644	doesn't fit

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 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	739.51	−0.050%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0021%	1h	739.27	−0.083%	$423K	$391K	20x	as long as short
Aster METAUSDT	0.0000%	8h	739.74	−0.019%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	739.39	−0.067%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	739.56	−0.043%	$27.4M	$179.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	739.67	−0.028%	$7.6M	$14.0M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	739.59	−0.039%	$6.0M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	739.14	−0.100%	$352K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	739.47	−0.055%	$5.6M	$11.1M	100x	as long as short
Variational Omni META	0.0000%	8h	739.24	−0.086%	$2.3M	$3.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	739.70	−0.024%	$12K	$461K	10x	as long as short
SunX META-USDT	0.0000%	8h	739.82	−0.008%	$908	$9.3M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	739.10	−0.105%	$30K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	739.44	−0.059%	$104K	$295K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	739.67	−0.028%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	739.79	−0.012%	$750K	$3.2M	20x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	739.88	long leg	—	$11K	25x
Popdex METAUSDT	+0.0048%	1h	739.67	−0.028%	$177K	$195K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	739.42	−0.062%	$557K	$857K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	739.50	−0.051%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	738.85	−0.139%	$676K	$4.4M	10x	as long as short
QFEX META-USD	+0.0055%	1h	739.52	−0.049%	$2.2M	$14.2M	10x	as long as short
Arcus META-USDshort	+0.0063%	1h	739.12	−0.103%	$110K	$331K	10x
Paradex META-USD-PERP	+0.0064%	8h	739.32	−0.075%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0070%	1h	740.17	+0.040%	$48K	$80K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	739.59	−0.039%	$1.6M	$436K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	739.16	−0.097%	$166K	$72K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	739.67	−0.028%	$1K	$24	10x	as long as short
Hotstuff META-PERP	+0.0104%	1h	739.58	−0.041%	$33K	$105	20x	as long as short
Aevo META-PERP	+0.0104%	1h	739.45	−0.059%	$266	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0144%	1h	739.31	−0.077%	$613K	$7.3M	10x	as long as short
tradeXYZ xyz:META	+0.0167%	1h	739.54	−0.046%	$67.5M	$121.5M	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	741.54	+0.224%	$171K	$48K	30x	as long as short
Lighter META	+0.0232%	1h	739.77	−0.015%	$851K	$2.5M	20x	as long as short
Phoenix META	+0.0259%	1h	740.01	+0.018%	$291K	$930K	20x	as long as short
edgeX METAUSDC	+0.0648%	4h	739.65	−0.031%	$62K	$334K	10x	as long as short