MET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackMET_USDC_PERP	0.3132	−0.0105	get 0.0013% / 1h	59m 15s	$116K	$87K	5x	Long Backpack
SHORT	Variational OmniMETEORA	0.3136	+0.0100	get 0.0050% / 4h	3h 59m	$556K	$86K	50x	Short Variational Omni+15% pts

Price gap+0.124%

Funding gap+0.0205% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.162% above its 7d average: +$16 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$73+0.0205% /8h now · paid +0.734% over the last 7D

Price+$16spread +0.124% now, avg −0.038% → +0.162% if it goes back

Costs−$2282.281% of $10k · taker + slippage, in and out

Result−$139−1.39%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.124%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MET on 21 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size10.1 / 97.6 bp
At $10k entering Variational Omni costs 97.6 bp, fee and slippage, 9.7× Backpack’s.
Note: Margin at max leverage$2,000 + $200
Backpack 5x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$6.14Long Backpack: 24 payments, +$3.14; short Variational Omni: 6 payments, +$3.00.
OK: Entry gap works for you+0.124% vs −0.038%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$116K vs $556K OI
Backpack sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCBackpack Yes · Variational Omni No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0349%/8h × 21 periods+$73.36

Price spread+0.124% → −0.038% (7d avg)+$16.17

Slippage, 4 orderslive order books−$218.08

Fee Backpack bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$138.55

Costs to cover2.281%Break-even20.2 days

Slippage: Backpack: live order book, 58 min ago; Variational Omni: RFQ quote, 59 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack0.7910.1 bp−$102271.4 bp−$22.7Kdoesn’t fitdoesn’t fit

SELL · SHORTVariational Omni7.8797.6 bp−$98184.1 bp−$1,841doesn’t fitdoesn’t fit

Closing costs about the same again.

MET news

posts that mention MET, from every exchangeSearch all news →

10-10 00:13	Orderly	Listing	new market PERP_MET_USDC_mythos ($MET) seen by our collector
10-09 09:44	edgeX	Listing	new market METUSDC ($MET) seen by our collector
10-09 08:46	edgeX	Listing	New Crypto Perp Listings on edgeX $STRK ZK rollup scaling network on Ethereum. $MET Liquidity and DEX protocol on Solana. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗
10-08 18:00	Binance	Contest	Nice to MET you. The MET Trading Tournament is live, with up to 400 BNB in token vouchers to share. Join now → @binance on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗

MET