Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Aster+0.413%69s7-day average — · you sell dearer than you buy

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

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 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: ApeX Omni is 0.413% dearer against Aster than usual: you sell high and buy low, +$41 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 69 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	Aster METUSDT	0.2841	0.0100	pay 0.0050% / 4h	3h 18m	$53K	$11K	5x
Short	ApeX Omni METUSDT	0.2853	0.0100	get 0.0013% / 1h	18m 17s	$36K	$116K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now +0.413%Rate

Funding earned: $0
Price spread: +0.413% → 0.000%: $41.3
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $23.3
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; ApeX Omni: live order book, 52 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 Aster no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 52 min ago	28.08 bp	297.5 bp −$298	doesn't fit	doesn't fit	doesn't fit

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 −0.1723% / S +0.0247%	1h	0.2848	+0.220%	$10K	—	50x	as long as short
BloFin MET-USDT	+0.0067%	4h	0.2860	+0.659%	$293K	$87K	50x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2843	+0.072%	$4.2M	$1.4M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2841	long leg	$53K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2847	+0.197%	$5.0M	$11.8M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2846	+0.170%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2850	+0.307%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2844	+0.096%	$193K	$186K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2842	+0.026%	$989K	$281K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2843	+0.061%	$1.3M	$2.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDT	+0.0100%	4h	0.2850	+0.307%	$683K	$866K	25x	as long as short
ApeX Omni METUSDTshort	+0.0100%	1h	0.2853	+0.413%	$36K	$116K	50x
SunX MET-USDT	+0.0100%	4h	0.2851	+0.343%	$1K	$1.6M	20x	as long as short
Phoenix MET	+0.0197%	1h	0.2859	+0.614%	$15K	$15K	5x	as long as short
Lighter MET	+0.0408%	1h	0.2848	+0.251%	$254K	$280K	5x	as long as short
Backpack MET_USDC_PERP	+0.0706%	1h	0.2846	+0.149%	$331K	$264K	5x	as long as short