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

META

RWAall META markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.027%
Price spread now: Aftermath Perps against Lighter RH+0.093%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.093% dearer against Lighter RH than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH META745.690.0040pay 0.0005% / 1h41m 49s$787K$2.9M20x
ShortAftermath Perps METAUSD746.390.0086get 0.0011% / 1h41m 49s$52K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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
$9.61
Price spread: +0.093% → 0.000%
$9.34
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$9.95
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 1 min ago; Aftermath Perps: 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 Lighter RH live order book, 1 min ago1.81 bp2.0 bp −$24.2 bp −$4248.2 bp −$4,822doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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%8h745.38−0.042%$334K$1.1M20xas long as short
Nado META-PERP−0.0023%1h745.00−0.092%$482K$559K20xas long as short
Aster METAUSDT0.0000%8h745.58−0.015%$479K$593K20xas long as short
Extended META_24_5-USD0.0000%1h745.17−0.070%$552K$2.6M17xas long as short
Binance METAUSDT0.0000%8h745.29−0.053%$25.3M$187.6M20xas long as short
Bybit METAUSDT0.0000%8h745.22−0.063%$7.3M$15.2M100xas long as short
OKX META-USDT-SWAP0.0000%8h745.38−0.042%$6.1M$12.7M20xas long as short
Gate META_USDT0.0000%8h744.69−0.134%$457K$6.1M100xas long as short
Bitget METAUSDT0.0000%8h745.33−0.048%$5.5M$12.2M100xas long as short
Variational Omni META0.0000%8h745.37−0.042%$2.4M$3.3Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT META_USDT_Perp0.0000%8h745.59−0.013%$13K$438K10xas long as short
SunX META-USDT0.0000%8h745.21−0.064%$624$8.2M20xas long as short
Deribit META_USDC-PERPETUAL0.0000%1h745.02−0.090%$34K$274K10xas long as short
HTX META-USDT0.0000%8h745.14−0.074%$106K$307K30xas long as short
Phemex METAUSDT0.0000%4h745.94+0.034%$2.0M$8K10xas long as short
QFEX META-USD+0.0031%1h745.16−0.071%$2.2M$13.9M10xas long as short
Lighter RH METAlong+0.0040%1h745.69long leg$787K$2.9M20x
Arcus META-USD+0.0040%1h745.01−0.091%$109K$333K10xas long as short
Vest META-USD-PERP+0.0046%1h745.65−0.005%$12K25xas long as short
Popdex METAUSDT+0.0048%1h745.38−0.042%$177K$205K20xas long as short
Polymarket Perps META-USD+0.0050%1h744.96−0.098%$586K$564K10xas long as short
SoDEX META-USD+0.0050%1h745.34−0.047%$25K$3K10xas long as short
Ondo Perps META-USD.P+0.0050%1h744.94−0.101%$711K$5.2M10xas long as short
Paradex META-USD-PERP+0.0064%8h745.24−0.061%5xas long as short
Aftermath Perps METAUSDshort+0.0086%1h746.39+0.093%$52K$81K10x
KuCoin METAUSDTM+0.0100%8h745.45−0.032%$1.6M$672K20xas long as short
ApeX Omni METAUSDT+0.0100%1h744.66−0.138%$167K$72K50xas long as short
Orderly PERP_META_USDC_mythos+0.0100%8h745.42−0.036%$1K$2410xas long as short
Aevo META-PERP+0.0104%1h745.21−0.065%$26810xas long as short
Coinbase International META-PERP-INTX+0.0104%1h745.43−0.035%$650K$7.9M10xas long as short
Injective META/USDC PERP+0.0220%1h748.64+0.396%$173K$46K30xas long as short
Lighter META+0.0392%1h745.84+0.020%$1.1M$2.7M20xas long as short
Hotstuff META-PERP+0.0408%1h745.690.000%$33K$10520xas long as short
tradeXYZ xyz:META+0.0537%1h745.67−0.003%$77.0M$127.2M20xas long as short
Phoenix META+0.0739%1h746.48+0.106%$797K$1.5M20xas long as short
edgeX METAUSDC+0.0795%4h745.37−0.043%$62K$345K10xas long as short