META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0213%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.015%

Price spread now: tradeXYZ against Aftermath Perps−0.119%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 tradeXYZ

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.119% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 45 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps METAUSD	744.63	0.0082	pay 0.0010% / 1h	7m 34s	$52K	$82K	10x
Short	tradeXYZ xyz:META	743.74	0.0295	get 0.0037% / 1h	7m 34s	$69.6M	$120.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.119%Rate

Funding earned: $44.82
Price spread: −0.119% → 0.000%: −$11.92
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $5.9
Costs to cover: 0.270%
Break-even: 6.1 days

Slippage unknown: Aftermath Perps: no order-book sample; tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago	0.07 bp	10.1 bp −$10	doesn't fit	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 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	743.94	−0.092%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0002%	1h	743.12	−0.203%	$480K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.15	−0.199%	$468K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.57	−0.142%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.79	−0.113%	$28.4M	$182.5M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.98	−0.087%	$7.7M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.56	−0.143%	$6.0M	$13.5M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.24	−0.186%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.76	−0.116%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	744.35	−0.038%	$2.4M	$3.1M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perp	0.0000%	8h	744.40	−0.031%	$12K	$445K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.65	−0.131%	$922	$9.1M	20x	as long as short
HTX META-USDT	0.0000%	8h	743.57	−0.142%	$106K	$297K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.06	−0.076%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	743.86	−0.103%	$778K	$3.1M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.62	−0.135%	$2.2M	$13.7M	10x	as long as short
Arcus META-USD	+0.0040%	1h	743.54	−0.146%	$110K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	743.73	−0.121%	—	$10K	25x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.34	−0.173%	$585K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.75	−0.118%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.09	−0.206%	$823K	$4.6M	10x	as long as short
Popdex METAUSDT	+0.0080%	1h	743.84	−0.106%	$179K	$199K	20x	as long as short
Aftermath Perps METAUSDlong	+0.0082%	1h	744.63	long leg	$52K	$82K	10x
Deribit META_USDC-PERPETUAL	+0.0087%	1h	743.19	−0.193%	$31K	$246K	10x	as long as short
Paradex META-USD-PERP	+0.0095%	8h	743.62	−0.136%	—	—	5x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.93	−0.094%	$1.6M	$556K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.28	−0.181%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.81	−0.110%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.64	−0.133%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.76	−0.116%	$615K	$7.3M	10x	as long as short
Hotstuff META-PERP	+0.0184%	1h	743.80	−0.111%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.14	+0.203%	$172K	$48K	30x	as long as short
Lighter META	+0.0288%	1h	743.86	−0.103%	$865K	$2.5M	20x	as long as short
tradeXYZ xyz:METAshort	+0.0295%	1h	743.74	−0.119%	$69.6M	$120.7M	20x
Phoenix META	+0.0591%	1h	744.96	+0.045%	$715K	$1.2M	20x	as long as short
edgeX METAUSDC	+0.0902%	4h	744.26	−0.049%	$62K	$336K	10x	as long as short