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
Funding, last 4 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 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus META-USD | 746.97 | 0.0040 | pay 0.0005% / 1h | 12m 56s | $112K | $338K | 10x |
| Short | Aftermath Perps METAUSD | 747.84 | 0.0087 | get 0.0011% / 1h | 12m 56s | $48K | $91K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus live order book, 26 min ago | 2.55 bp | 10.1 bp −$10 | 13.5 bp −$135 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 747.65 | +0.091% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.85 | −0.016% | $480K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 747.38 | +0.054% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 747.51 | +0.072% | $25.4M | $189.1M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 747.36 | +0.052% | $7.5M | $15.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 747.51 | +0.072% | $6.0M | $12.8M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 747.06 | +0.012% | $475K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 747.50 | +0.071% | $5.6M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.46 | −0.068% | $2.5M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 747.41 | +0.059% | $12K | $439K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 747.85 | +0.118% | $846 | $8.0M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 747.47 | +0.067% | $108K | $312K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 747.52 | +0.074% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0017% | 1h | 746.84 | −0.018% | $482K | $560K | 20x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 747.56 | +0.079% | $2.2M | $14.1M | 10x | as long as short |
| Lighter RH META | +0.0040% | 1h | 747.59 | +0.083% | $797K | $3.1M | 20x | as long as short |
| Arcus META-USDlong | +0.0040% | 1h | 746.97 | long leg | $112K | $338K | 10x | |
| Vest META-USD-PERP | +0.0046% | 1h | 747.92 | +0.127% | — | $12K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 747.14 | +0.023% | $568K | $625K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 747.52 | +0.074% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 747.23 | +0.035% | $735K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0055% | 8h | 747.23 | +0.035% | — | — | 5x | as long as short |
| Popdex METAUSDT | +0.0064% | 1h | 747.53 | +0.075% | $178K | $202K | 20x | as long as short |
| Aftermath Perps METAUSDshort | +0.0087% | 1h | 747.84 | +0.116% | $48K | $91K | 10x | |
| Pacifica META | +0.0100% | 1h | 746.67 | −0.040% | $37 | $368 | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 747.11 | +0.019% | $1.6M | $723K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.69 | −0.037% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 747.30 | +0.044% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 747.27 | +0.040% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 747.27 | +0.040% | $643K | $7.9M | 10x | as long as short |
| edgeX METAUSDC | +0.0185% | 4h | 747.20 | +0.031% | $62K | $346K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0192% | 1h | 747.06 | +0.012% | $34K | $276K | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 748.10 | +0.151% | $177K | $51K | 30x | as long as short |
| Lighter META | +0.0448% | 1h | 747.72 | +0.100% | $1.1M | $2.9M | 20x | as long as short |
| Hotstuff META-PERP | +0.0488% | 1h | 747.74 | +0.103% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0573% | 1h | 747.75 | +0.104% | $83.4M | $131.5M | 20x | as long as short |
| Phoenix META | +0.0750% | 1h | 748.05 | +0.145% | $799K | $1.5M | 20x | as long as short |
Aftermath Perps METAUSD
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
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Popdex METAUSDT
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
edgeX METAUSDC
Deribit META_USDC-PERPETUAL
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META