Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster+0.091%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 MEXC

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: MEXC is 0.091% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METUSDT	0.2789	0.0100	pay 0.0050% / 4h	2h 30m	$53K	$11K	5x
Short	MEXC MET_USDT	0.2792	0.0100	get 0.0050% / 4h	2h 30m	$927K	$284K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.091%Rate

Funding earned: $0
Price spread: +0.091% → 0.000%: $9.07
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$2.93
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 41 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 MEXC live order book, 41 min ago	3.51 bp	9.4 bp −$9	40.1 bp −$401	211.4 bp −$21.1K	756.6 bp −$378.3K

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 15 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 −0.1415% / S +0.0215%	1h	0.2789	−0.014%	$9K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2791	+0.069%	$14K	$15K	5x	as long as short
Bybit METUSDT	+0.0073%	4h	0.2790	+0.019%	$4.8M	$3.1M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2785	−0.171%	$165K	$398K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2793	+0.134%	$3.9M	$1.7M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2789	long leg	$53K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2793	+0.122%	$4.8M	$12.1M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2793	+0.127%	$1.2M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2791	+0.055%	$179K	$181K	50x	as long as short
MEXC MET_USDTshort	+0.0100%	4h	0.2792	+0.091%	$927K	$284K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2789	−0.017%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2793	+0.127%	$653K	$891K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2793	+0.137%	$318K	$281K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2787	−0.089%	$36K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2788	−0.053%	$1K	$1.6M	20x	as long as short