Funding you earn now, next payment 09:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.031%
Price spread now: Bitget against Hotstuff−0.034%7-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 −$9 a day on $10k at the current rate, and Bitget is 0.034% cheaper against Hotstuff than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 743.97 | 0.0296 | pay 0.0037% / 1h | 33m 28s | $33K | $105 | 20x |
| Short | Bitget METAUSDT | 743.72 | 0 | get 0.0000% / 8h | 7h 33m | $5.7M | $12.3M | 100x |
Hotstuff META-PERP
Bitget METAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$62.16
- Price spread: −0.034% → 0.000%
- −$3.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.52
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 0.54 bp | 9.6 bp −$10 | 16.8 bp −$168 | 30.7 bp −$3,073 | 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 | 743.30 | −0.090% | $334K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0017% | 1h | 743.41 | −0.075% | $478K | $562K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 744.41 | +0.060% | $488K | $603K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 743.71 | −0.035% | $547K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 743.80 | −0.023% | $25.9M | $191.2M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 743.63 | −0.046% | $7.4M | $15.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 743.98 | +0.001% | $6.1M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 743.48 | −0.066% | $476K | $6.3M | 100x | as long as short |
| Bitget METAUSDTshort | 0.0000% | 8h | 743.72 | −0.034% | $5.7M | $12.3M | 100x | |
| Variational Omni META | 0.0000% | 8h | 743.29 | −0.091% | $2.5M | $3.0M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Variational Omni METAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 743.34 | −0.085% | $12K | $434K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 744.07 | +0.013% | $1K | $7.8M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 743.49 | −0.065% | $44K | $287K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 743.75 | −0.030% | $108K | $301K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 743.96 | −0.001% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 743.94 | −0.004% | $794K | $2.9M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 743.91 | −0.008% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 743.51 | −0.062% | $112K | $337K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 744.19 | +0.030% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 743.87 | −0.013% | $180K | $204K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 743.26 | −0.095% | $565K | $619K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 743.71 | −0.035% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 743.26 | −0.095% | $722K | $5.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0056% | 8h | 743.82 | −0.020% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0079% | 1h | 744.18 | +0.028% | $51K | $93K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 743.92 | −0.007% | $626 | $1K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 743.86 | −0.015% | $1.6M | $768K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 742.58 | −0.187% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 743.84 | −0.017% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 743.60 | −0.049% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 742.98 | −0.133% | $635K | $7.9M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 745.70 | +0.233% | $176K | $52K | 30x | as long as short |
| Lighter META | +0.0280% | 1h | 744.13 | +0.022% | $1.2M | $2.9M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0280% | 1h | 743.79 | −0.024% | $84.5M | $133.0M | 20x | as long as short |
| Hotstuff META-PERPlong | +0.0296% | 1h | 743.97 | long leg | $33K | $105 | 20x | |
| edgeX METAUSDC | +0.0576% | 4h | 743.22 | −0.100% | $63K | $347K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 745.06 | +0.147% | $795K | $1.5M | 20x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META