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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h
Price spread now: Paradex against Aftermath Perps−0.107%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.107% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 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 METAUSD740.510.0069pay 0.0009% / 1h38m 36s$49K$80K10x
ShortParadex META-USD-PERP739.720.0056get 0.0056% / 8h6h 38m5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$2.65
Price spread: −0.107% → 0.000%
−$10.7
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.35
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Aftermath Perps and Paradex: 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
Deribit META_USDC-PERPETUAL−0.0210%1h739.42−0.147%$31K$244K10xas long as short
Nado META-PERP−0.0148%1h739.74−0.104%$478K$547K20xas long as short
BloFin META-USDT−0.0120%8h739.99−0.070%$327K$1.1M20xas long as short
Aster METAUSDT0.0000%8h740.70+0.025%$466K$549K20xas long as short
Extended META_24_5-USD0.0000%1h739.65−0.116%$550K$2.7M17xas long as short
Binance METAUSDT0.0000%8h739.83−0.091%$27.3M$179.3M20xas long as short
Bybit METAUSDT0.0000%8h739.92−0.080%$7.5M$13.8M100xas long as short
OKX META-USDT-SWAP0.0000%8h739.93−0.078%$5.9M$13.2M20xas long as short
Gate META_USDT0.0000%8h739.59−0.124%$351K$5.6M100xas long as short
Bitget METAUSDT0.0000%8h740.09−0.057%$5.5M$11.3M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni META0.0000%8h739.73−0.105%$2.3M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h739.92−0.080%$12K$435K10xas long as short
SunX META-USDT0.0000%8h739.97−0.073%$825$9.2M20xas long as short
HTX META-USDT0.0000%8h740.35−0.022%$105K$296K30xas long as short
Phemex METAUSDT0.0000%4h740.05−0.062%$2.0M$8K10xas long as short
QFEX META-USD+0.0025%1h739.87−0.087%$2.2M$14.0M10xas long as short
Lighter RH META+0.0032%1h740.29−0.030%$750K$3.0M20xas long as short
Arcus META-USD+0.0040%1h739.54−0.131%$110K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h740.33−0.024%$11K25xas long as short
Popdex METAUSDT+0.0048%1h739.90−0.082%$176K$197K20xas long as short
Polymarket Perps META-USD+0.0050%1h739.78−0.099%$557K$855K10xas long as short
SoDEX META-USD+0.0050%1h739.92−0.080%$24K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h739.23−0.173%$697K$4.3M10xas long as short
Paradex META-USD-PERPshort+0.0056%8h739.72−0.107%5x
Aftermath Perps METAUSDlong+0.0069%1h740.51long leg$49K$80K10x
Lighter META+0.0096%1h740.14−0.050%$855K$2.4M20xas long as short
KuCoin METAUSDTM+0.0100%8h739.94−0.077%$1.6M$471K20xas long as short
ApeX Omni METAUSDT+0.0100%1h739.34−0.158%$166K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h739.99−0.070%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h739.82−0.093%$26610xas long as short
Coinbase International META-PERP-INTX+0.0104%1h739.45−0.143%$609K$7.2M10xas long as short
Hotstuff META-PERP+0.0112%1h740.13−0.051%$33K$10520xas long as short
Injective META/USDC PERP+0.0220%1h739.58−0.126%$170K$48K30xas long as short
tradeXYZ xyz:META+0.0246%1h740.13−0.051%$68.3M$120.3M20xas long as short
Phoenix META+0.0313%1h740.70+0.026%$386K$1.1M20xas long as short
edgeX METAUSDC+0.0992%4h740.02−0.066%$62K$334K10xas long as short