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
LONG0.3000+0.0100pay 0.0050% / 4h48m 38s$571K$50K50xLong Variational Omni+15% pts
SHORT0.2996−0.0327pay 0.0041% / 1h48m 38s$175K$103K20xShort TxFlow5% off
Price gap−0.139%
Funding gap−0.0427% /8h

Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.047% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$123−0.0427% /8h now · paid −1.232% over the last 7D
Price−$5spread −0.139% now, avg −0.092% → −0.047% if it goes back
Costs−$2352.350% of $10k · taker + slippage, in and out
Result−$363−3.63%+ Points / potential airdropVariational Omni: points · TxFlow: 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−0.139%
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 size120.4 / 11.0 bp
    At $10k entering Variational Omni costs 120.4 bp, fee and slippage, 11.0× TxFlow’s.
  • Note: Margin at max leverage$200 + $500
    Variational Omni 50x, TxFlow 20x. 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: −$12.81Long Variational Omni: 6 payments, −$3.00; short TxFlow: 24 payments, −$9.81.
  • Watch: Gap narrower than usual−0.139% vs −0.092%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$175K vs $571K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · TxFlow points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · TxFlow 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−0.0586%/8h × 21 periods−$123.15
Price spread−0.139% → −0.092% (7d avg)−$4.73
Slippage, 4 orderslive order books−$225.95
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$362.84
Costs to cover2.350%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 20 min ago; TxFlow: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni6.69120.4 bp−$120230.7 bp−$2,307doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.3411.0 bp−$1174.2 bp−$742doesn’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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