Settings8H · net · $10k
Funding arb · Price arb /

METIS

all METIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0854%/8h= +93.5% APRnext payment +$4.27 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against Aster+0.203%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and BingX is 0.203% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster METISUSDT3.53680.0100pay 0.0050% / 4h2h 31m$11K$22K5x
ShortBingX METIS-USDT3.54400.0954get 0.0477% / 4h2h 31m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$179.34
Price spread: +0.203% → 0.000%
$20.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$181.64
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BingX live order book, 8 min ago5.68 bp28.3 bp −$2884.2 bp −$842866.5 bp −$86.7K1231.2 bp −$615.6K
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

METIS on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective METIS/USDC PERP+0.0033%1h3.2100−9.240%$40K5.5xas long as short
Aster METISUSDTlong+0.0100%4h3.5368long leg$11K$22K5x
Binance METISUSDT+0.0100%4h3.5428+0.170%$2.2M$4.6M50xas long as short
Gate METIS_USDT+0.0100%4h3.5300−0.193%$154K$142K50xas long as short
MEXC METIS_USDT+0.0100%4h3.5400+0.090%$656K$244K50xas long as short
Bitget METISUSDT+0.0100%4h3.5410+0.118%$216K$452K50xas long as short
Kraken Futures PF_METISUSD+0.0253%1h3.5461+0.262%$2K$7K10xas long as short
Variational Omni METIS+0.0400%4h3.5509+0.400%$41K$26Kas long as short
KuCoin METISUSDTM+0.0408%4h3.5520+0.429%$636K$220K30xas long as short
OKX METIS-USDT-SWAP+0.0452%4h3.5450+0.231%$399K$1.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX METIS-USDTshort+0.0954%4h3.5440+0.203%$2.4M
Bybit METISUSDT+0.0987%4h3.5490+0.344%$713K$633K20xas long as short