META

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h +0.030%

Price spread now: Lighter against Vest−0.005%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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest META-USD-PERP	742.11	0.0046	pay 0.0006% / 1h	50m 00s	—	$10K	25x
Short	Lighter META	742.07	0.0232	get 0.0029% / 1h	50m 00s	$861K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.005%Rate

Funding earned: $39.13
Price spread: −0.005% → 0.000%: −$0.54
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: $36.59
Costs to cover: 0.020%
Break-even: 0.5 days

Slippage unknown: Vest: no order-book sample; Lighter: live order book, 7 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 Lighter live order book, 7 min ago	0.27 bp	0.9 bp −$1	1.8 bp −$18	doesn't fit	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 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	−0.0059%	1h	741.61	−0.068%	$479K	$549K	20x	as long as short
Aster METAUSDT	0.0000%	8h	741.45	−0.088%	$466K	$549K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	741.73	−0.051%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	741.95	−0.022%	$27.3M	$178.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	741.94	−0.023%	$7.5M	$13.7M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.05	−0.008%	$5.9M	$13.3M	20x	as long as short
Gate META_USDT	0.0000%	8h	741.71	−0.054%	$356K	$5.6M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	741.94	−0.023%	$5.4M	$11.3M	100x	as long as short
Variational Omni META	0.0000%	8h	741.74	−0.050%	$2.3M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.02	−0.012%	$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	741.89	−0.030%	$941	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	741.34	−0.104%	$31K	$245K	10x	as long as short
HTX META-USDT	0.0000%	8h	741.67	−0.059%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.10	−0.001%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.09	−0.003%	$763K	$3.0M	20x	as long as short
QFEX META-USD	+0.0032%	1h	741.74	−0.050%	$2.1M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	741.40	−0.096%	$110K	$330K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	742.11	long leg	—	$10K	25x
Popdex METAUSDT	+0.0048%	1h	741.95	−0.022%	$178K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	741.78	−0.044%	$559K	$548K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	741.94	−0.023%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.21	−0.121%	$705K	$4.2M	10x	as long as short
Paradex META-USD-PERP	+0.0056%	8h	741.75	−0.048%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0072%	1h	742.50	+0.053%	$49K	$81K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	741.82	−0.039%	$610K	$7.1M	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	741.98	−0.018%	$1.6M	$504K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.18	−0.125%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	741.76	−0.047%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	741.60	−0.068%	$267	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.36	+0.303%	$172K	$48K	30x	as long as short
Lighter METAshort	+0.0232%	1h	742.07	−0.005%	$861K	$2.4M	20x
Hotstuff META-PERP	+0.0232%	1h	742.11	0.000%	$33K	$105	20x	as long as short
tradeXYZ xyz:META	+0.0340%	1h	742.09	−0.003%	$69.1M	$119.9M	20x	as long as short
Phoenix META	+0.0496%	1h	742.71	+0.081%	$491K	$1.1M	20x	as long as short
edgeX METAUSDC	+0.0529%	4h	741.87	−0.032%	$62K	$335K	10x	as long as short