Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni+0.069%99s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.069% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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	ApeX Omni METUSDT	0.2736	0.0100	pay 0.0013% / 1h	41m 45s	$34K	$119K	50x
Short	Aster METUSDT	0.2738	0.0100	get 0.0050% / 4h	2h 41m	$51K	$11K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → 0.000%: $6.87
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.13
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 4 min ago; Aster: 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 ApeX Omni live order book, 4 min ago	18.27 bp	301.6 bp −$302	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

MET on 16 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
GMX MET/USD [WBTC.b-USDC]	L −0.0685% / S +0.0201%	1h	0.2734	−0.060%	$4K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2742	+0.238%	$13K	$14K	5x	as long as short
Lighter MET	+0.0096%	1h	0.2733	−0.095%	$167K	$423K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2735	−0.029%	$3.6M	$1.8M	3x	as long as short
Aster METUSDTshort	+0.0100%	4h	0.2738	+0.069%	$51K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2735	−0.053%	$4.6M	$12.3M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2734	−0.073%	$4.7M	$3.2M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2735	−0.037%	$1.2M	$3.2M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2736	0.000%	$178K	$183K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2735	−0.037%	$915K	$279K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2737	+0.037%	$1.3M	$2.7M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2737	+0.037%	$675K	$911K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2737	+0.026%	$308K	$278K	5x	as long as short
ApeX Omni METUSDTlong	+0.0100%	1h	0.2736	long leg	$34K	$119K	50x
SunX MET-USDT	+0.0100%	4h	0.2735	−0.037%	$1K	$1.6M	20x	as long as short
BloFin MET-USDT	+0.0101%	4h	0.2738	+0.073%	$279K	$93K	50x	as long as short