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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.024%
Price spread now: Aftermath Perps against Arcus+0.116%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.116% dearer against Arcus than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus META-USD746.970.0040pay 0.0005% / 1h12m 56s$112K$338K10x
ShortAftermath Perps METAUSD747.840.0087get 0.0011% / 1h12m 56s$48K$91K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Arcus. 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
$9.9
Price spread: +0.116% → 0.000%
$11.6
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$8
Costs to cover
0.135%
Break-even
1.3 days
Slippage unknown: Arcus: live order book, 26 min ago; Aftermath Perps: 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 Arcus live order book, 26 min ago2.55 bp10.1 bp −$1013.5 bp −$135doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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 37 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%8h747.65+0.091%$334K$1.1M20xas long as short
Aster METAUSDT0.0000%8h746.85−0.016%$480K$593K20xas long as short
Extended META_24_5-USD0.0000%1h747.38+0.054%$548K$3.4M17xas long as short
Binance METAUSDT0.0000%8h747.51+0.072%$25.4M$189.1M20xas long as short
Bybit METAUSDT0.0000%8h747.36+0.052%$7.5M$15.5M100xas long as short
OKX META-USDT-SWAP0.0000%8h747.51+0.072%$6.0M$12.8M20xas long as short
Gate META_USDT0.0000%8h747.06+0.012%$475K$6.3M100xas long as short
Bitget METAUSDT0.0000%8h747.50+0.071%$5.6M$12.4M100xas long as short
Variational Omni META0.0000%8h746.46−0.068%$2.5M$3.1Mas long as short
GRVT META_USDT_Perp0.0000%8h747.41+0.059%$12K$439K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX META-USDT0.0000%8h747.85+0.118%$846$8.0M20xas long as short
HTX META-USDT0.0000%8h747.47+0.067%$108K$312K30xas long as short
Phemex METAUSDT0.0000%4h747.52+0.074%$2.0M$8K10xas long as short
Nado META-PERP+0.0017%1h746.84−0.018%$482K$560K20xas long as short
QFEX META-USD+0.0031%1h747.56+0.079%$2.2M$14.1M10xas long as short
Lighter RH META+0.0040%1h747.59+0.083%$797K$3.1M20xas long as short
Arcus META-USDlong+0.0040%1h746.97long leg$112K$338K10x
Vest META-USD-PERP+0.0046%1h747.92+0.127%$12K25xas long as short
Polymarket Perps META-USD+0.0050%1h747.14+0.023%$568K$625K10xas long as short
SoDEX META-USD+0.0050%1h747.52+0.074%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h747.23+0.035%$735K$5.1M10xas long as short
Paradex META-USD-PERP+0.0055%8h747.23+0.035%5xas long as short
Popdex METAUSDT+0.0064%1h747.53+0.075%$178K$202K20xas long as short
Aftermath Perps METAUSDshort+0.0087%1h747.84+0.116%$48K$91K10x
Pacifica META+0.0100%1h746.67−0.040%$37$36810xas long as short
KuCoin METAUSDTM+0.0100%8h747.11+0.019%$1.6M$723K20xas long as short
ApeX Omni METAUSDT+0.0100%1h746.69−0.037%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h747.30+0.044%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h747.27+0.040%$26910xas long as short
Coinbase International META-PERP-INTX+0.0104%1h747.27+0.040%$643K$7.9M10xas long as short
edgeX METAUSDC+0.0185%4h747.20+0.031%$62K$346K10xas long as short
Deribit META_USDC-PERPETUAL+0.0192%1h747.06+0.012%$34K$276K10xas long as short
Injective META/USDC PERP+0.0220%1h748.10+0.151%$177K$51K30xas long as short
Lighter META+0.0448%1h747.72+0.100%$1.1M$2.9M20xas long as short
Hotstuff META-PERP+0.0488%1h747.74+0.103%$33K$10520xas long as short
tradeXYZ xyz:META+0.0573%1h747.75+0.104%$83.4M$131.5M20xas long as short
Phoenix META+0.0750%1h748.05+0.145%$799K$1.5M20xas long as short