Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: tradeXYZ against Hotstuff+0.019%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—+ Points / potential airdropHotstuff: Active · tradeXYZ: 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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff META-PERP | 747.20 | 0.0464 | pay 0.0058% / 1h | 4m 02s | $33K | $105 | 20x |
| Short | tradeXYZ xyz:META | 747.34 | 0.0564 | get 0.0070% / 1h | 4m 02s | $83.7M | $131.8M | 20x |
Hotstuff META-PERP
tradeXYZ xyz:METAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $20.93
- Price spread: +0.019% → 0.000%
- $1.87
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$0.19
- Costs to cover
- 0.230%
- Break-even
- 7.1 days
Slippage unknown: Hotstuff: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.47 bp | 9.7 bp −$10 | 10.9 bp −$109 | 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 | 746.67 | −0.071% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.58 | −0.083% | $480K | $593K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 746.86 | −0.046% | $548K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 747.04 | −0.021% | $25.4M | $189.7M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 746.98 | −0.029% | $7.6M | $15.5M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 747.19 | −0.001% | $6.0M | $12.8M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 746.40 | −0.107% | $473K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 747.02 | −0.024% | $5.7M | $12.4M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 746.51 | −0.092% | $2.5M | $3.2M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.79 | −0.055% | $12K | $439K | 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 | 747.00 | −0.027% | $929 | $8.0M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 746.93 | −0.036% | $108K | $311K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 747.33 | +0.017% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0015% | 1h | 746.22 | −0.131% | $481K | $560K | 20x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 746.77 | −0.058% | $2.2M | $14.1M | 10x | as long as short |
| Lighter RH META | +0.0040% | 1h | 747.02 | −0.024% | $797K | $3.1M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 746.51 | −0.092% | $112K | $338K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 747.26 | +0.008% | — | $12K | 25x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 746.66 | −0.072% | $568K | $621K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 746.74 | −0.062% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 746.57 | −0.084% | $734K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0056% | 8h | 746.49 | −0.095% | — | — | 5x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.0072% | 1h | 746.52 | −0.091% | $34K | $276K | 10x | as long as short |
| Popdex METAUSDT | +0.0072% | 1h | 747.04 | −0.021% | $178K | $202K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.0087% | 1h | 747.73 | +0.071% | $49K | $91K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 747.06 | −0.019% | $634 | $1K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 746.86 | −0.046% | $1.6M | $730K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 746.01 | −0.159% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 746.77 | −0.058% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 746.56 | −0.086% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 746.42 | −0.104% | $643K | $8.0M | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 749.54 | +0.313% | $177K | $51K | 30x | as long as short |
| Lighter META | +0.0456% | 1h | 747.17 | −0.004% | $1.1M | $2.9M | 20x | as long as short |
| Hotstuff META-PERPlong | +0.0464% | 1h | 747.20 | long leg | $33K | $105 | 20x | |
| edgeX METAUSDC | +0.0471% | 4h | 746.62 | −0.077% | $62K | $345K | 10x | as long as short |
| tradeXYZ xyz:METAshort | +0.0564% | 1h | 747.34 | +0.019% | $83.7M | $131.8M | 20x | |
| Phoenix META | +0.0750% | 1h | 747.82 | +0.083% | $798K | $1.5M | 20x | as long as short |
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
Nado META-PERP
QFEX META-USD
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Deribit META_USDC-PERPETUAL
Popdex METAUSDT
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
edgeX METAUSDC
Phoenix META