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

META

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h +0.027%
Price spread now: Hotstuff against Aster+0.016%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 fees+ Points / potential airdropAster: Stage 5 · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster METAUSDT746.030get 0.0000% / 8h3h 26m$470K$555K20x
ShortHotstuff META-PERP746.150.0264get 0.0033% / 1h26m 57s$33K$10520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Aster. 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
$55.44
Price spread: +0.016% → 0.000%
$1.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$44.05
Costs to cover
0.130%
Break-even
1.4 days
Slippage unknown: Aster: live order book, 26 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 26 min ago13.36 bp97.1 bp −$97doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin META-USDT−0.0120%8h746.030.000%$329K$1.1M20xas long as short
Aster METAUSDTlong0.0000%8h746.03long leg$470K$555K20x
Extended META_24_5-USD0.0000%1h745.86−0.023%$554K$2.7M17xas long as short
Binance METAUSDT0.0000%8h745.97−0.008%$28.5M$183.0M20xas long as short
Bybit METAUSDT0.0000%8h745.92−0.015%$7.5M$14.5M100xas long as short
OKX META-USDT-SWAP0.0000%8h746.27+0.032%$6.0M$13.5M20xas long as short
Gate META_USDT0.0000%8h745.60−0.058%$379K$5.8M100xas long as short
Variational Omni META0.0000%8h746.88+0.115%$2.4M$3.2Mas long as short
GRVT META_USDT_Perp0.0000%8h746.71+0.091%$12K$452K10xas long as short
SunX META-USDT0.0000%8h745.90−0.017%$914$9.0M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit META_USDC-PERPETUAL0.0000%1h745.61−0.056%$31K$246K10xas long as short
HTX META-USDT0.0000%8h745.75−0.038%$106K$303K30xas long as short
Phemex METAUSDT0.0000%4h746.63+0.080%$2.0M$8K10xas long as short
Nado META-PERP+0.0001%1h745.80−0.031%$482K$554K20xas long as short
Bitget METAUSDT+0.0006%8h746.21+0.024%$5.5M$11.8M100xas long as short
Lighter RH META+0.0032%1h746.40+0.050%$783K$2.9M20xas long as short
Arcus META-USD+0.0040%1h746.16+0.017%$111K$330K10xas long as short
Vest META-USD-PERP+0.0046%1h746.39+0.048%$10K25xas long as short
Polymarket Perps META-USD+0.0050%1h745.66−0.050%$587K$565K10xas long as short
SoDEX META-USD+0.0050%1h745.96−0.009%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h745.33−0.094%$792K$4.6M10xas long as short
Paradex META-USD-PERP+0.0056%8h746.42+0.053%5xas long as short
QFEX META-USD+0.0058%1h746.28+0.034%$2.2M$13.8M10xas long as short
Aftermath Perps METAUSD+0.0087%1h746.69+0.088%$52K$82K10xas long as short
edgeX METAUSDC+0.0088%4h746.59+0.075%$62K$336K10xas long as short
KuCoin METAUSDTM+0.0100%8h746.27+0.032%$1.6M$615K20xas long as short
ApeX Omni METAUSDT+0.0100%1h746.19+0.021%$167K$71K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.94−0.012%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.87−0.022%$26910xas long as short
Popdex METAUSDT+0.0128%1h746.07+0.005%$180K$199K20xas long as short
Coinbase International META-PERP-INTX+0.0128%1h745.68−0.047%$639K$7.5M10xas long as short
Injective META/USDC PERP+0.0220%1h746.39+0.048%$172K$48K30xas long as short
Hotstuff META-PERPshort+0.0264%1h746.15+0.016%$33K$10520x
Lighter META+0.0280%1h746.39+0.048%$866K$2.4M20xas long as short
tradeXYZ xyz:META+0.0334%1h746.11+0.011%$70.4M$121.1M20xas long as short
Phoenix META+0.0633%1h747.69+0.223%$798K$1.4M20xas long as short