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
LONG0.3130+0.0100pay 0.0050% / 4h3h 18m$571K$75K50xLong Variational Omni+15% pts
SHORT0.3134−0.0128pay 0.0064% / 4h3h 18m$1.7M$2.7M20xShort OKX
Price gap+0.129%
Funding gap−0.0228% /8h

Funding costs $7 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$19−0.0228% /8h now · paid −0.189% over the last 7D
Price+$1spread +0.129% now, avg +0.115% → +0.014% if it goes back
Costs−$2652.654% of $10k · taker + slippage, in and out
Result−$283−2.83%+ Points / potential airdropVariational 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+0.129%
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 · 3 to watch
  • Watch: Thin at this size122.7 / 17.4 bp
    At $10k entering Variational Omni costs 122.7 bp, fee and slippage, 7.1× OKX’s.
  • Note: Margin at max leverage$200 + $500
    Variational Omni 50x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$6.85Long Variational Omni: 6 payments, −$3.00; short OKX: 6 payments, −$3.85.
  • Note: Gap at its usual level+0.129% vs +0.115%
    The price leg adds little either way.
  • Watch: Long leg is thinner$571K vs $1.7M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0090%/8h × 21 periods−$18.86
Price spread+0.129% → +0.115% (7d avg)+$1.41
Slippage, 4 orderslive order books−$255.43
Fee Variational Omni bp × 2 orders$0.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$282.88
Costs to cover2.654%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 12 min ago; OKX: live order book, 5 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 · SHORTOKX1.6117.4 bp−$17137.8 bp−$1,378doesn’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
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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 ↗