Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: SunX against Aster+0.089%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 SunX

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: SunX is 0.089% 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	0.2813	0.0100	pay 0.0050% / 4h	2h 38m	$52K	$10K	5x
Short	SunX MET-USDT	0.2816	0.0100	get 0.0050% / 4h	2h 38m	$2K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.089%Rate

Funding earned: $0
Price spread: +0.089% → 0.000%: $8.95
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$7.05
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SunX: 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 SunX live order book, 6 min ago	500.18 bp	doesn't fit	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 −0.1043% / S +0.0176%	1h	0.2812	−0.041%	$9K	—	50x	as long as short
Phoenix MET	−0.0197%	1h	0.2826	+0.427%	$14K	$13K	5x	as long as short
BloFin MET-USDT	+0.0080%	4h	0.2812	−0.053%	$289K	$80K	50x	as long as short
Lighter MET	+0.0096%	1h	0.2820	+0.217%	$260K	$243K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2814	+0.008%	$4.3M	$1.2M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2813	long leg	$52K	$10K	5x
Binance METUSDT	+0.0100%	4h	0.2812	−0.036%	$4.9M	$11.0M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2813	−0.017%	$4.9M	$2.8M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2812	−0.053%	$1.3M	$3.3M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2812	−0.053%	$192K	$194K	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	0.2812	−0.053%	$926K	$259K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2812	−0.053%	$1.3M	$2.4M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2813	−0.017%	$661K	$845K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2818	+0.161%	$37K	$110K	50x	as long as short
SunX MET-USDTshort	+0.0100%	4h	0.2816	+0.089%	$2K	$1.6M	20x
Backpack MET_USDC_PERP	+0.0314%	1h	0.2814	+0.004%	$329K	$252K	5x	as long as short