Funding you earn now, next payment 07:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Hotstuff−0.181%57s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.181% cheaper against Hotstuff than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 746.46 | 0.0288 | pay 0.0036% / 1h | 58m 22s | $33K | $105 | 20x |
| Short | ApeX Omni METAUSDT | 745.11 | 0.0100 | get 0.0013% / 1h | 58m 22s | $167K | $71K | 50x |
Hotstuff META-PERP
ApeX Omni METAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hotstuff. 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
- −$39.48
- Price spread: −0.181% → 0.000%
- −$18.09
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$72.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 43 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 43 min ago | 2.62 bp | 29.0 bp −$29 | 759.5 bp −$7,595 | doesn't fit | doesn't fit |
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 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 | 745.94 | −0.070% | $332K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 745.93 | −0.071% | $480K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 746.04 | −0.057% | $548K | $1.8M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 746.28 | −0.024% | $25.0M | $188.3M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 746.02 | −0.059% | $7.4M | $15.4M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 746.26 | −0.027% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.52 | −0.126% | $464K | $6.2M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 746.11 | −0.047% | $5.6M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.62 | −0.112% | $2.4M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 745.71 | −0.100% | $12K | $436K | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 746.10 | −0.048% | $792 | $8.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.83 | −0.084% | $34K | $275K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.76 | −0.094% | $106K | $309K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 746.13 | −0.044% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 745.91 | −0.074% | $2.2M | $13.9M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.55 | −0.122% | $112K | $339K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.31 | −0.020% | — | $12K | 25x | as long as short |
| Lighter RH META | +0.0048% | 1h | 746.31 | −0.020% | $786K | $3.1M | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.74 | −0.096% | $565K | $597K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 746.16 | −0.040% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.42 | −0.139% | $696K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0055% | 8h | 745.82 | −0.086% | — | — | 5x | as long as short |
| Nado META-PERP | +0.0071% | 1h | 745.63 | −0.112% | $481K | $559K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.0086% | 1h | 746.31 | −0.020% | $52K | $81K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 745.48 | −0.132% | $13 | $106 | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.75 | −0.095% | $1.6M | $702K | 20x | as long as short |
| ApeX Omni METAUSDTshort | +0.0100% | 1h | 745.11 | −0.181% | $167K | $71K | 50x | |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 746.12 | −0.046% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.99 | −0.063% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 745.50 | −0.129% | $649K | $7.8M | 10x | as long as short |
| Popdex METAUSDT | +0.0176% | 1h | 746.18 | −0.038% | $178K | $203K | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 748.52 | +0.276% | $173K | $46K | 30x | as long as short |
| Hotstuff META-PERPlong | +0.0288% | 1h | 746.46 | long leg | $33K | $105 | 20x | |
| Lighter META | +0.0408% | 1h | 746.51 | +0.007% | $1.1M | $2.8M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0517% | 1h | 746.47 | +0.001% | $78.8M | $128.4M | 20x | as long as short |
| Phoenix META | +0.0739% | 1h | 746.85 | +0.052% | $797K | $1.5M | 20x | as long as short |
| edgeX METAUSDC | +0.0835% | 4h | 745.64 | −0.110% | $62K | $345K | 10x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Lighter RH META
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Nado META-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Popdex METAUSDT
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC