META

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: Lighter RH against Vest+0.020%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Lighter RH

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 airdropVest: Active · Lighter RH: Points live · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.020% dearer against Vest than usual: you sell high and buy low, +$2 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	Vest META-USD-PERP	747.38	0.0046	pay 0.0006% / 1h	3m 23s	—	$12K	25x
Short	Lighter RH META	747.53	0.0040	get 0.0005% / 1h	3m 23s	$797K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$1.19
Price spread: +0.020% → 0.000%: $2.01
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$1.19
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 5 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 RH live order book, 5 min ago	1.87 bp	2.7 bp −$3	6.6 bp −$66	43.6 bp −$4,357	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 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	747.04	−0.045%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	746.59	−0.105%	$480K	$593K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	746.95	−0.057%	$548K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	747.03	−0.047%	$25.4M	$189.8M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	747.26	−0.016%	$7.6M	$15.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	747.03	−0.047%	$6.0M	$12.8M	20x	as long as short
Gate META_USDT	0.0000%	8h	746.57	−0.108%	$473K	$6.3M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	747.02	−0.048%	$5.7M	$12.4M	100x	as long as short
Variational Omni META	0.0000%	8h	746.51	−0.116%	$2.5M	$3.2M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	746.79	−0.079%	$12K	$439K	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	746.99	−0.052%	$1K	$8.0M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	746.83	−0.074%	$34K	$276K	10x	as long as short
HTX META-USDT	0.0000%	8h	746.89	−0.066%	$108K	$311K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	747.04	−0.045%	$2.0M	$8K	10x	as long as short
Nado META-PERP	+0.0017%	1h	746.48	−0.120%	$482K	$560K	20x	as long as short
QFEX META-USD	+0.0031%	1h	746.81	−0.076%	$2.2M	$14.1M	10x	as long as short
Lighter RH METAshort	+0.0040%	1h	747.53	+0.020%	$797K	$3.1M	20x
Arcus META-USD	+0.0040%	1h	746.59	−0.106%	$112K	$338K	10x	as long as short
Vest META-USD-PERPlong	+0.0046%	1h	747.38	long leg	—	$12K	25x
Polymarket Perps META-USD	+0.0050%	1h	746.73	−0.087%	$568K	$621K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	747.01	−0.050%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	746.57	−0.108%	$734K	$5.1M	10x	as long as short
Paradex META-USD-PERP	+0.0057%	8h	747.10	−0.037%	—	—	5x	as long as short
Popdex METAUSDT	+0.0080%	1h	747.06	−0.043%	$178K	$202K	20x	as long as short
Aftermath Perps METAUSD	+0.0087%	1h	747.70	+0.043%	$49K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	747.17	−0.029%	$634	$1K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	746.98	−0.054%	$1.6M	$730K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	746.01	−0.183%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	747.05	−0.044%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	746.86	−0.070%	$269	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	746.42	−0.128%	$643K	$8.0M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	749.54	+0.289%	$177K	$51K	30x	as long as short
Lighter META	+0.0456%	1h	747.75	+0.050%	$1.1M	$2.9M	20x	as long as short
Hotstuff META-PERP	+0.0464%	1h	747.50	+0.016%	$33K	$105	20x	as long as short
edgeX METAUSDC	+0.0471%	4h	746.62	−0.101%	$62K	$345K	10x	as long as short
tradeXYZ xyz:META	+0.0564%	1h	747.51	+0.017%	$83.8M	$131.8M	20x	as long as short
Phoenix META	+0.0750%	1h	748.04	+0.088%	$799K	$1.5M	20x	as long as short