Funding you earn now, next payment 03:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h +0.038%
Price spread now: Kraken Futures against Aster−0.283%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.283% cheaper against Aster than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METISUSDT | 3.5425 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $12K | $22K | 5x |
| Short | Kraken Futures PF_METISUSD | 3.5325 | −0.0014 | pay 0.0002% / 1h | 38m 50s | $2K | $5K | 10x |
Aster METISUSDT
Kraken Futures PF_METISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.03
- Price spread: −0.283% → 0.000%
- −$28.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$70.37
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSDshort | −0.0014% | 1h | 3.5325 | −0.283% | $2K | $5K | 10x | |
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −9.386% | — | $40K | 5.5x | as long as short |
| Aster METISUSDTlong | +0.0100% | 4h | 3.5425 | long leg | $12K | $22K | 5x | |
| Binance METISUSDT | +0.0100% | 4h | 3.5320 | −0.296% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5330 | −0.268% | $697K | $589K | 20x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5310 | −0.325% | $152K | $139K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5300 | −0.353% | $654K | $236K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5290 | −0.381% | $218K | $436K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5348 | −0.217% | $33K | $33K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0184% | 4h | 3.5270 | −0.438% | $395K | $989K | 10x | as long as short |
Injective METIS/USDC PERP
Binance METISUSDT
Bybit METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METIS
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0186% | 4h | 3.5330 | −0.268% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0438% | 4h | 3.5330 | −0.268% | $633K | $199K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM