Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: SoDEX against Lighter RH+0.018%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · 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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH META | 741.81 | 0.0032 | pay 0.0004% / 1h | 49m 40s | $763K | $3.0M | 20x |
| Short | SoDEX META-USD | 741.94 | 0.0050 | get 0.0006% / 1h | 49m 40s | $24K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.78
- Price spread: +0.018% → 0.000%
- $1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$2.47
- Costs to cover
- 0.080%
- Break-even
- 11.6 days
Slippage unknown: Lighter RH: live order book, 4 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 4 min ago | 1.75 bp | 2.0 bp −$2 | 4.4 bp −$44 | 50.0 bp −$5,004 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.0059% | 1h | 741.61 | −0.028% | $479K | $549K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.43 | −0.051% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 741.45 | −0.049% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 741.62 | −0.025% | $27.3M | $178.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 741.35 | −0.062% | $7.5M | $13.7M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 741.84 | +0.004% | $5.9M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 741.32 | −0.066% | $356K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 741.58 | −0.031% | $5.4M | $11.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 741.74 | −0.009% | $2.3M | $3.1M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 741.92 | +0.015% | $13K | $432K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 741.89 | +0.011% | $941 | $9.1M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 741.34 | −0.063% | $31K | $245K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 741.67 | −0.019% | $106K | $296K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 742.10 | +0.039% | $2.0M | $8K | 10x | as long as short |
| Lighter RH METAlong | +0.0032% | 1h | 741.81 | long leg | $763K | $3.0M | 20x | |
| QFEX META-USD | +0.0032% | 1h | 741.51 | −0.040% | $2.1M | $13.7M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 741.40 | −0.055% | $110K | $330K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 742.11 | +0.040% | — | $10K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 741.68 | −0.018% | $178K | $199K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 741.78 | −0.004% | $559K | $548K | 10x | as long as short |
| SoDEX META-USDshort | +0.0050% | 1h | 741.94 | +0.018% | $24K | $3K | 10x | |
| Ondo Perps META-USD.P | +0.0050% | 1h | 741.02 | −0.106% | $705K | $4.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0056% | 8h | 741.42 | −0.053% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0072% | 1h | 742.50 | +0.094% | $49K | $81K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0096% | 1h | 741.82 | +0.001% | $610K | $7.1M | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 741.80 | −0.001% | $1.6M | $504K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 741.18 | −0.085% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 741.76 | −0.007% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 741.60 | −0.028% | $267 | — | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.36 | +0.344% | $172K | $48K | 30x | as long as short |
| Lighter META | +0.0232% | 1h | 741.79 | −0.003% | $861K | $2.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.0232% | 1h | 742.01 | +0.027% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0340% | 1h | 741.84 | +0.004% | $69.0M | $119.9M | 20x | as long as short |
| Phoenix META | +0.0496% | 1h | 742.71 | +0.121% | $491K | $1.1M | 20x | as long as short |
| edgeX METAUSDC | +0.0529% | 4h | 741.87 | +0.009% | $62K | $335K | 10x | as long as short |
Lighter RH META
SoDEX META-USD
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_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Popdex METAUSDT
Polymarket Perps META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
KuCoin METAUSDTM
ApeX Omni METAUSDT
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
Phoenix META
edgeX METAUSDC