Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Hotstuff against ApeX Omni+0.054%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Hotstuff is 0.054% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 740.23 | 0.0100 | pay 0.0013% / 1h | 45m 23s | $166K | $73K | 50x |
| Short | Hotstuff META-PERP | 740.63 | 0.0032 | get 0.0004% / 1h | 45m 23s | $33K | $105 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against ApeX Omni. 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
- −$14.28
- Price spread: +0.054% → 0.000%
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$23.88
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 35 min ago; 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 ApeX Omni live order book, 35 min ago | 2.63 bp | 28.0 bp −$28 | 376.6 bp −$3,766 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 | 740.44 | +0.028% | $328K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0077% | 1h | 740.37 | +0.018% | $396K | $317K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.26 | +0.140% | $458K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.36 | +0.017% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.51 | +0.038% | $26.9M | $177.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.37 | +0.019% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.35 | +0.016% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 739.88 | −0.047% | $321K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.47 | +0.032% | $5.8M | $11.0M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 740.45 | +0.030% | $1.6M | $2.6M | — | 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 | 740.53 | +0.041% | $12K | $516K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.75 | +0.070% | $1K | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.39 | +0.022% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.29 | +0.008% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.60 | +0.050% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0003% | 1h | 740.37 | +0.019% | $2.2M | $14.2M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.82 | +0.080% | $744K | $3.2M | 20x | as long as short |
| Hotstuff META-PERPshort | +0.0032% | 1h | 740.63 | +0.054% | $33K | $105 | 20x | |
| Arcus META-USD | +0.0040% | 1h | 740.15 | −0.011% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.89 | +0.089% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.51 | +0.038% | $178K | $201K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.57 | +0.046% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.52 | +0.039% | $24K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.30 | +0.009% | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.02 | −0.028% | $666K | $4.0M | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0055% | 1h | 741.36 | +0.152% | $48K | $62K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0064% | 1h | 740.90 | +0.091% | $608K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0065% | 1h | 740.46 | +0.031% | $291K | $791K | 20x | as long as short |
| Lighter META | +0.0088% | 1h | 740.81 | +0.078% | $859K | $2.5M | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.40 | +0.023% | $1.6M | $359K | 20x | as long as short |
| ApeX Omni METAUSDTlong | +0.0100% | 1h | 740.23 | long leg | $166K | $73K | 50x | |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.55 | +0.043% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.42 | +0.026% | $267 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.0126% | 1h | 740.64 | +0.055% | $68.5M | $120.5M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.38 | +0.020% | $168K | $46K | 30x | as long as short |
| edgeX METAUSDC | +0.0344% | 4h | 740.53 | +0.040% | $62K | $331K | 10x | as long as short |
ApeX Omni METAUSDT
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 RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
Lighter META
KuCoin METAUSDTM
tradeXYZ xyz:META
Injective META/USDC PERP
edgeX METAUSDC