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
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.3130+0.0100pay 0.0050% / 4h3h 19m$571K$75K50xLong Variational Omni+15% pts
SHORT0.3129+0.0096get 0.0012% / 1h19m 11s$128K$106K5xShort Lighter7d free
Price gap−0.040%
Funding gap−0.0004% /8h

Funding is ≈ 0 and the gap is 0.039% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$7−0.0004% /8h now · paid −0.071% over the last 7D
Price−$4spread −0.040% now, avg −0.002% → −0.039% if it goes back
Costs−$3933.926% of $10k · taker + slippage, in and out
Result−$404−4.04%+ Points / potential airdropVariational Omni: points · Lighter: Season 3 · 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−0.040%
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 size122.7 / 70.5 bp
    At $10k entering Variational Omni costs 122.7 bp, fee and slippage, 1.7× Lighter’s.
  • Note: Margin at max leverage$200 + $2,000
    Variational Omni 50x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.12Long Variational Omni: 6 payments, −$3.00; short Lighter: 24 payments, +$2.88.
  • Watch: Gap narrower than usual−0.040% vs −0.002%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$128K vs $571K OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Lighter 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−0.0034%/8h × 21 periods−$7.11
Price spread−0.040% → −0.002% (7d avg)−$3.85
Slippage, 4 orderslive order books−$392.64
Fee Variational Omni bp × 2 orders$0.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$403.60
Costs to cover3.926%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 11 min ago; Lighter: live order book, 58 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni6.46122.7 bp−$123235.6 bp−$2,356doesn’t fitdoesn’t fit
SELL · SHORTLighter6.0870.5 bp−$71191.6 bp−$1,916doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MET news

posts that mention MET, from every exchangeSearch all news →
10-10 00:13OrderlyListingnew market PERP_MET_USDC_mythos ($MET) seen by our collector
10-09 09:44edgeXListingnew market METUSDC ($MET) seen by our collector
10-09 08:46edgeXListingNew 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 18:00BinanceContestNice 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 15:16PhoenixContestIt’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 $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48PhoenixContest$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 ↗