META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.026%

Price spread now: QFEX against Aftermath Perps−0.086%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on QFEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.086% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$9 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	743.15	0.0079	pay 0.0010% / 1h	39m 43s	$51K	$82K	10x
Short	QFEX META-USD	742.51	0.0036	get 0.0005% / 1h	39m 43s	$2.1M	$13.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee QFEXbpOrdersPrice spread, now −0.086%Rate

Funding earned: −$9.03
Price spread: −0.086% → 0.000%: −$8.61
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$36.64
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; QFEX: live order book, 9 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 QFEX live order book, 9 min ago	2.15 bp	7.2 bp −$7	7.2 bp −$72	18.8 bp −$1,876	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 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	742.47	−0.092%	$330K	$1.1M	20x	as long as short
Nado META-PERP	−0.0043%	1h	742.05	−0.148%	$480K	$553K	20x	as long as short
Deribit META_USDC-PERPETUAL	−0.0006%	1h	741.80	−0.182%	$31K	$245K	10x	as long as short
Aster METAUSDT	0.0000%	8h	742.36	−0.106%	$466K	$551K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	742.06	−0.147%	$548K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	742.24	−0.123%	$27.5M	$180.4M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	742.12	−0.139%	$7.5M	$13.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	742.16	−0.133%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	742.05	−0.148%	$364K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	742.37	−0.105%	$5.4M	$11.7M	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	742.48	−0.091%	$2.4M	$3.1M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	742.33	−0.110%	$12K	$436K	10x	as long as short
SunX META-USDT	0.0000%	8h	742.67	−0.065%	$1K	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	742.26	−0.120%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	742.35	−0.108%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	742.42	−0.098%	$766K	$3.0M	20x	as long as short
QFEX META-USDshort	+0.0036%	1h	742.51	−0.086%	$2.1M	$13.7M	10x
Arcus META-USD	+0.0040%	1h	742.09	−0.143%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	742.58	−0.077%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	742.53	−0.083%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	742.27	−0.118%	$559K	$540K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	742.43	−0.097%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	741.81	−0.180%	$710K	$4.3M	10x	as long as short
Paradex META-USD-PERP	+0.0061%	8h	742.32	−0.111%	—	—	5x	as long as short
Aftermath Perps METAUSDlong	+0.0079%	1h	743.15	long leg	$51K	$82K	10x
KuCoin METAUSDTM	+0.0100%	8h	742.47	−0.092%	$1.6M	$537K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	741.34	−0.244%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	742.42	−0.098%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	742.36	−0.107%	$267	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	742.02	−0.152%	$614K	$7.2M	10x	as long as short
Hotstuff META-PERP	+0.0136%	1h	742.50	−0.087%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.47	+0.178%	$172K	$48K	30x	as long as short
Lighter META	+0.0232%	1h	742.38	−0.104%	$858K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0266%	1h	742.29	−0.116%	$69.4M	$120.3M	20x	as long as short
edgeX METAUSDC	+0.0317%	4h	742.38	−0.104%	$62K	$335K	10x	as long as short
Phoenix META	+0.0591%	1h	743.35	+0.027%	$643K	$1.2M	20x	as long as short