Funding you earn now, next payment 22:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.016%
Price spread now: Hotstuff against Aftermath Perps−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$3 a day on $10k at the current rate, and Hotstuff is 0.046% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 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 | 741.03 | 0.0052 | pay 0.0007% / 1h | 0m 08s | $45K | $61K | 10x |
| Short | Hotstuff META-PERP | 740.69 | −0.0032 | pay 0.0004% / 1h | 0m 08s | $33K | $105 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$17.71
- Price spread: −0.046% → 0.000%
- −$4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$36.33
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Aftermath Perps and Hotstuff: 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 | 740.35 | −0.092% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0102% | 1h | 740.30 | −0.099% | $397K | $317K | 20x | as long as short |
| Hotstuff META-PERPshort | −0.0032% | 1h | 740.69 | −0.046% | $33K | $105 | 20x | |
| Aster METAUSDT | 0.0000% | 8h | 741.00 | −0.005% | $457K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.44 | −0.080% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.50 | −0.071% | $26.9M | $177.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.49 | −0.073% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.32 | −0.096% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.98 | −0.142% | $318K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.58 | −0.061% | $5.8M | $11.0M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni META | 0.0000% | 8h | 740.50 | −0.072% | $1.6M | $2.5M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.42 | −0.083% | $12K | $521K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.99 | −0.006% | $885 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.53 | −0.068% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.39 | −0.087% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.50 | −0.072% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0012% | 1h | 740.46 | −0.077% | $2.2M | $14.2M | 10x | as long as short |
| Lighter META | +0.0032% | 1h | 740.74 | −0.039% | $860K | $2.6M | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.74 | −0.039% | $748K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.29 | −0.100% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.89 | −0.019% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.52 | −0.069% | $178K | $201K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.62 | −0.056% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.48 | −0.075% | $24K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.37 | −0.089% | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.24 | −0.107% | $649K | $4.0M | 10x | as long as short |
| Aftermath Perps METAUSDlong | +0.0052% | 1h | 741.03 | long leg | $45K | $61K | 10x | |
| tradeXYZ xyz:META | +0.0057% | 1h | 740.70 | −0.045% | $68.5M | $120.6M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0080% | 1h | 740.26 | −0.104% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0097% | 1h | 740.62 | −0.056% | $291K | $782K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.38 | −0.088% | $1.6M | $354K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.21 | −0.111% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.52 | −0.069% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.40 | −0.085% | $267 | — | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.24 | −0.107% | $168K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0972% | 4h | 740.41 | −0.083% | $62K | $330K | 10x | as long as short |
Aftermath Perps METAUSD
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter META
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
tradeXYZ xyz:META
Coinbase International META-PERP-INTX
Phoenix META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Injective META/USDC PERP
edgeX METAUSDC