Funding you earn now, next payment 11:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.036%
Price spread now: Extended against Aftermath Perps−0.116%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.116% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$12 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 | Aftermath Perps METAUSD | 740.61 | 0.0078 | pay 0.0010% / 1h | 5m 23s | $53K | $86K | 10x |
| Short | Extended META_24_5-USD | 739.75 | 0 | get 0.0000% / 1h | 5m 23s | $545K | $3.3M | 17x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aftermath Perps. 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
- −$16.4
- Price spread: −0.116% → 0.000%
- −$11.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$42.02
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Extended: live order book, 1 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 0.14 bp | 5.4 bp −$5 | 26.0 bp −$260 | doesn't fit | doesn't fit |
Aftermath 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 37 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.1600% | 1h | 739.81 | −0.108% | $33K | $105 | 20x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 740.13 | −0.065% | $337K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.00 | −0.083% | $492K | $628K | 20x | as long as short |
| Extended META_24_5-USDshort | 0.0000% | 1h | 739.75 | −0.116% | $545K | $3.3M | 17x | |
| Binance METAUSDT | 0.0000% | 8h | 739.95 | −0.089% | $25.3M | $190.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 739.83 | −0.106% | $7.5M | $16.1M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 739.96 | −0.088% | $6.0M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.96 | −0.088% | $467K | $6.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 739.90 | −0.096% | $5.7M | $12.0M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 739.78 | −0.112% | $2.6M | $3.1M | — | as long as short |
Show all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.12 | −0.067% | $12K | $427K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.01 | −0.081% | $867 | $6.9M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 739.64 | −0.131% | $106K | $307K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.03 | −0.079% | $2.0M | $8K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0021% | 1h | 739.49 | −0.151% | $36K | $208K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.12 | −0.066% | $856K | $2.9M | 20x | as long as short |
| QFEX META-USD | +0.0038% | 1h | 739.86 | −0.101% | $2.2M | $14.0M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 739.50 | −0.150% | $111K | $291K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.05 | −0.076% | — | $11K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 739.55 | −0.143% | $557K | $595K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 739.91 | −0.095% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 739.42 | −0.161% | $753K | $5.1M | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0064% | 1h | 739.76 | −0.115% | $645K | $7.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0069% | 8h | 739.71 | −0.122% | — | — | 5x | as long as short |
| Aftermath Perps METAUSDlong | +0.0078% | 1h | 740.61 | long leg | $53K | $86K | 10x | |
| Pacifica META | +0.0100% | 1h | 739.30 | −0.177% | $609 | $3K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.00 | −0.083% | $1.6M | $922K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.42 | −0.161% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 739.89 | −0.097% | $1K | $338 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 739.78 | −0.113% | $266 | — | 10x | as long as short |
| Nado META-PERP | +0.0125% | 1h | 739.44 | −0.159% | $474K | $535K | 20x | as long as short |
| Popdex METAUSDT | +0.0144% | 1h | 739.91 | −0.095% | $178K | $199K | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 739.85 | −0.103% | $167K | $61K | 30x | as long as short |
| tradeXYZ xyz:META | +0.0321% | 1h | 739.84 | −0.104% | $86.9M | $136.0M | 20x | as long as short |
| Lighter META | +0.0368% | 1h | 740.12 | −0.066% | $1.2M | $2.7M | 20x | as long as short |
| edgeX METAUSDC | +0.0568% | 4h | 740.12 | −0.066% | $62K | $349K | 10x | as long as short |
| Phoenix META | +0.0613% | 1h | 740.46 | −0.020% | $791K | $1.5M | 20x | as long as short |
Aftermath Perps METAUSD
Extended META_24_5-USD
BloFin META-USDT
Aster METAUSDT
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
Deribit META_USDC-PERPETUAL
Lighter RH META
Polymarket Perps META-USD
SoDEX META-USD
Coinbase International META-PERP-INTX
Paradex META-USD-PERP
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Popdex METAUSDT
Injective META/USDC PERP
tradeXYZ xyz:META
Lighter META
edgeX METAUSDC
Phoenix META