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

METIS

all METIS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against Aster+0.279%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.279% dearer against Aster than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster METISUSDT3.55310.0100pay 0.0050% / 4h3h 19m$11K$28K5x
ShortBybit METISUSDT3.56300.0100get 0.0050% / 4h3h 19m$712K$650K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.279% → 0.000%
$27.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$8.95
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 50 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 Bybit live order book, 50 min ago7.02 bp101.8 bp −$102400.3 bp −$4,003doesn't fitdoesn't fit
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%1h3.2100−9.656%$40K5.5xas long as short
Aster METISUSDTlong+0.0100%4h3.5531long leg$11K$28K5x
Binance METISUSDT+0.0100%4h3.5540+0.026%$2.2M$4.7M50xas long as short
Bybit METISUSDTshort+0.0100%4h3.5630+0.279%$712K$650K20x
Gate METIS_USDT+0.0100%4h3.5500−0.086%$152K$164K50xas long as short
MEXC METIS_USDT+0.0100%4h3.5540+0.026%$696K$254K50xas long as short
KuCoin METISUSDTM+0.0100%4h3.5620+0.251%$638K$232K30xas long as short
Bitget METISUSDT+0.0100%4h3.5540+0.026%$223K$461K50xas long as short
Variational Omni METIS+0.0100%4h3.5589+0.164%$41K$26Kas long as short
OKX METIS-USDT-SWAP+0.0110%4h3.5640+0.308%$400K$1.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX METIS-USDT+0.0114%4h3.5580+0.139%$2.4Mas long as short
Kraken Futures PF_METISUSD+0.0738%1h3.5556+0.071%$2K$7K10xas long as short