Funding you earn now, next payment 12:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.080%
Price spread now: KuCoin against Aster+0.294%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.294% dearer against Aster than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METISUSDT | 3.5097 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $11K | $23K | 5x |
| Short | KuCoin METISUSDTM | 3.5200 | 0.0288 | get 0.0144% / 4h | 3h 57m | $664K | $150K | 30x |
Aster METISUSDT
KuCoin METISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $39.48
- Price spread: +0.294% → 0.000%
- $29.41
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $48.89
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 47 min ago. 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 KuCoin live order book, 47 min ago | 21.24 bp | 196.4 bp −$196 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | −0.0112% | 1h | 3.5092 | −0.013% | $2K | $2K | 10x | as long as short |
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −8.539% | — | $40K | 5.5x | as long as short |
| Aster METISUSDTlong | +0.0100% | 4h | 3.5097 | long leg | $11K | $23K | 5x | |
| Binance METISUSDT | +0.0100% | 4h | 3.5089 | −0.024% | $2.1M | $3.9M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5130 | +0.095% | $698K | $571K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5060 | −0.105% | $393K | $964K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5020 | −0.219% | $141K | $119K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5080 | −0.048% | $678K | $212K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5100 | +0.009% | $206K | $413K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.5100 | +0.009% | — | $2.4M | — | as long as short |
Kraken Futures PF_METISUSD
Injective METIS/USDC PERP
Binance METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni METIS | +0.0100% | 4h | 3.5220 | +0.352% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTMshort | +0.0288% | 4h | 3.5200 | +0.294% | $664K | $150K | 30x |
Variational Omni METIS