META

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h −0.038%

Price spread now: Hotstuff against Arcus+0.069%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hotstuff is 0.069% dearer against Arcus than usual: you sell high and buy low: +$7 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	743.27	0.0040	pay 0.0005% / 1h	15m 53s	$110K	$330K	10x
Short	Hotstuff META-PERP	743.78	0.0160	get 0.0020% / 1h	15m 53s	$33K	$105	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Position, each leg$Hold fordaysFee ArcusbpFee HotstuffbpOrdersPrice spread, now +0.069%Rate

Funding earned: $25.14
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $22.5
Costs to cover: 0.095%
Break-even: 0.7 days

Slippage unknown: Arcus: live order book, 43 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 Arcus live order book, 43 min ago	3.30 bp	8.7 bp −$9	14.0 bp −$140	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	743.99	+0.097%	$329K	$1.1M	20x	as long as short
Nado META-PERP	−0.0021%	1h	743.37	+0.013%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	743.45	+0.024%	$468K	$553K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	743.70	+0.058%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	743.91	+0.086%	$28.0M	$181.7M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	743.98	+0.096%	$7.6M	$14.1M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	743.96	+0.093%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	743.44	+0.023%	$365K	$5.7M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	743.96	+0.093%	$5.4M	$11.7M	100x	as long as short
Variational Omni META	0.0000%	8h	743.81	+0.073%	$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	744.09	+0.111%	$13K	$440K	10x	as long as short
SunX META-USDT	0.0000%	8h	743.79	+0.070%	$861	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	743.44	+0.023%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	743.75	+0.065%	$106K	$296K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	743.48	+0.028%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	744.12	+0.114%	$772K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	743.66	+0.052%	$2.2M	$13.8M	10x	as long as short
Arcus META-USDlong	+0.0040%	1h	743.27	long leg	$110K	$330K	10x
Vest META-USD-PERP	+0.0046%	1h	744.01	+0.100%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	743.91	+0.086%	$179K	$199K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	743.48	+0.028%	$585K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	743.88	+0.082%	$24K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.06	−0.028%	$800K	$4.5M	10x	as long as short
Paradex META-USD-PERP	+0.0069%	8h	743.74	+0.063%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0080%	1h	743.79	+0.070%	$52K	$82K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	743.57	+0.040%	$1.6M	$550K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	743.15	−0.016%	$166K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	743.91	+0.086%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	743.69	+0.056%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0104%	1h	743.78	+0.069%	$626K	$7.2M	10x	as long as short
edgeX METAUSDC	+0.0104%	4h	743.84	+0.076%	$62K	$337K	10x	as long as short
Hotstuff META-PERPshort	+0.0160%	1h	743.78	+0.069%	$33K	$105	20x
Injective META/USDC PERP	+0.0220%	1h	742.66	−0.082%	$171K	$48K	30x	as long as short
Lighter META	+0.0248%	1h	744.00	+0.098%	$864K	$2.5M	20x	as long as short
tradeXYZ xyz:META	+0.0271%	1h	743.80	+0.071%	$69.5M	$120.6M	20x	as long as short
Phoenix META	+0.0591%	1h	744.70	+0.192%	$696K	$1.2M	20x	as long as short