Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster+0.012%7-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 KuCoin

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METUSDT	0.2772	0.0100	pay 0.0050% / 4h	3h 10m	$52K	$11K	5x
Short	KuCoin METUSDTM	0.2772	0.0100	get 0.0050% / 4h	3h 10m	$1.3M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.23
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.77
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: 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 Aster no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 6 min ago	5.39 bp	106.0 bp −$106	316.4 bp −$3,164	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 −0.0498% / S +0.0175%	1h	0.2770	−0.065%	$4K	—	50x	as long as short
Phoenix MET	−0.0029%	1h	0.2774	+0.084%	$14K	$15K	5x	as long as short
BloFin MET-USDT	+0.0088%	4h	0.2770	−0.060%	$283K	$87K	50x	as long as short
Lighter MET	+0.0096%	1h	0.2777	+0.211%	$168K	$423K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2770	−0.063%	$3.7M	$1.7M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2772	long leg	$52K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2770	−0.060%	$4.7M	$12.1M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2769	−0.089%	$4.8M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2772	+0.012%	$1.2M	$3.2M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2773	+0.048%	$180K	$174K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDT	+0.0100%	4h	0.2769	−0.096%	$930K	$281K	20x	as long as short
KuCoin METUSDTMshort	+0.0100%	4h	0.2772	+0.012%	$1.3M	$2.6M	50x
Bitget METUSDT	+0.0100%	4h	0.2773	+0.048%	$663K	$863K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2772	+0.016%	$314K	$268K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2768	−0.132%	$35K	$119K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2769	−0.096%	$2K	$1.6M	20x	as long as short