Settings8H · net · $10k
Funding arb · Price arb /

META

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps METAUSD741.030.0052pay 0.0007% / 1h0m 08s$45K$61K10x
ShortHotstuff META-PERP740.69−0.0032pay 0.0004% / 1h0m 08s$33K$10520x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h740.35−0.092%$329K$1.1M20xas long as short
Nado META-PERP−0.0102%1h740.30−0.099%$397K$317K20xas long as short
Hotstuff META-PERPshort−0.0032%1h740.69−0.046%$33K$10520x
Aster METAUSDT0.0000%8h741.00−0.005%$457K$536K20xas long as short
Extended META_24_5-USD0.0000%1h740.44−0.080%$548K$1.5M17xas long as short
Binance METAUSDT0.0000%8h740.50−0.071%$26.9M$177.6M20xas long as short
Bybit METAUSDT0.0000%8h740.49−0.073%$7.4M$13.9M100xas long as short
OKX META-USDT-SWAP0.0000%8h740.32−0.096%$6.0M$13.1M20xas long as short
Gate META_USDT0.0000%8h739.98−0.142%$318K$5.4M100xas long as short
Bitget METAUSDT0.0000%8h740.58−0.061%$5.8M$11.0M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h740.50−0.072%$1.6M$2.5Mas long as short
GRVT META_USDT_Perp0.0000%8h740.42−0.083%$12K$521K10xas long as short
SunX META-USDT0.0000%8h740.99−0.006%$885$9.5M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h740.53−0.068%$30K$256K10xas long as short
HTX META-USDT0.0000%8h740.39−0.087%$105K$283K30xas long as short
Phemex METAUSDT0.0000%4h740.50−0.072%$2.0M$8K10xas long as short
QFEX META-USD+0.0012%1h740.46−0.077%$2.2M$14.2M10xas long as short
Lighter META+0.0032%1h740.74−0.039%$860K$2.6M20xas long as short
Lighter RH META+0.0032%1h740.74−0.039%$748K$3.2M20xas long as short
Arcus META-USD+0.0040%1h740.29−0.100%$263K$313K10xas long as short
Vest META-USD-PERP+0.0046%1h740.89−0.019%$9K25xas long as short
Popdex METAUSDT+0.0048%1h740.52−0.069%$178K$201K20xas long as short
Polymarket Perps META-USD+0.0050%1h740.62−0.056%$541K$840K10xas long as short
SoDEX META-USD+0.0050%1h740.48−0.075%$24K$3K10xas long as short
Paradex META-USD-PERP+0.0050%8h740.37−0.089%5xas long as short
Ondo Perps META-USD.P+0.0050%1h740.24−0.107%$649K$4.0M10xas long as short
Aftermath Perps METAUSDlong+0.0052%1h741.03long leg$45K$61K10x
tradeXYZ xyz:META+0.0057%1h740.70−0.045%$68.5M$120.6M20xas long as short
Coinbase International META-PERP-INTX+0.0080%1h740.26−0.104%$607K$7.3M10xas long as short
Phoenix META+0.0097%1h740.62−0.056%$291K$782K20xas long as short
KuCoin METAUSDTM+0.0100%8h740.38−0.088%$1.6M$354K20xas long as short
ApeX Omni METAUSDT+0.0100%1h740.21−0.111%$166K$73K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h740.52−0.069%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h740.40−0.085%$26710xas long as short
Injective META/USDC PERP+0.0220%1h740.24−0.107%$168K$46K30xas long as short
edgeX METAUSDC+0.0972%4h740.41−0.083%$62K$330K10xas long as short