Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2980−0.0327get 0.0041% / 1h50m 38s$175K$114K20xLong TxFlow5% off
SHORT0.2981+0.0100get 0.0050% / 4h1h 50m$569K$50K50xShort Variational Omni+15% pts
Price gap+0.024%
Funding gap+0.0427% /8h

Funding pays +$13 a day on $10k, but the gap is 0.069% under its 7d average: −$7 if it goes back, about 13 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$124+0.0427% /8h now · paid +1.235% over the last 7D
Price−$7spread +0.024% now, avg +0.092% → −0.069% if it goes back
Costs−$2412.414% of $10k · taker + slippage, in and out
Result−$125−1.25%+ Points / potential airdropTxFlow: points · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.024%
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 size13.1 / 93.8 bp
    At $10k entering Variational Omni costs 93.8 bp, fee and slippage, 7.2× TxFlow’s.
  • Note: Margin at max leverage$500 + $200
    TxFlow 20x, 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: +$12.81Long TxFlow: 24 payments, +$9.81; short Variational Omni: 6 payments, +$3.00.
  • Watch: Gap narrower than usual+0.024% vs +0.092%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$175K vs $569K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points · Variational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legTxFlow No · Variational Omni No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0588%/8h × 21 periods+$123.55
Price spread+0.024% → +0.092% (7d avg)−$6.87
Slippage, 4 orderslive order books−$232.42
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$124.73
Costs to cover2.414%Break-even14.1 days
Slippage: TxFlow: live order book, 19 min ago; Variational Omni: RFQ quote, 23 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow1.6713.1 bp−$13100.2 bp−$1,002doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni6.7093.8 bp−$94174.3 bp−$1,743doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MET news

posts that mention MET, from every exchangeSearch all news →
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10-09 09:44edgeXListingnew market METUSDC ($MET) seen by our collector
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