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

METIS

all METIS markets
SwapBacktest
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 +0.008%
Price spread now: OKX against Aster−0.391%7-day average · you buy dearer than you sell
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: OKX is 0.391% cheaper against Aster than usual: you would sell low and buy high, −$39 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster METISUSDT3.53680.0100pay 0.0050% / 4h50m 47s$12K$21K5x
ShortOKX METIS-USDT-SWAP3.52300.0100get 0.0050% / 4h50m 47s$392K$969K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.391% → 0.000%
−$39.08
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$57.08
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 61 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 OKX live order book, 61 min ago9.89 bp45.6 bp −$46doesn't fitdoesn'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%1h3.2100−9.241%$40K5.5xas long as short
Kraken Futures PF_METISUSD+0.0090%1h3.5278−0.254%$2K$3K10xas long as short
Aster METISUSDTlong+0.0100%4h3.5368long leg$12K$21K5x
Binance METISUSDT+0.0100%4h3.5259−0.310%$2.2M$4.2M50xas long as short
Bybit METISUSDT+0.0100%4h3.5330−0.108%$696K$587K20xas long as short
OKX METIS-USDT-SWAPshort+0.0100%4h3.5230−0.391%$392K$969K10x
Gate METIS_USDT+0.0100%4h3.5300−0.193%$152K$138K50xas long as short
MEXC METIS_USDT+0.0100%4h3.5250−0.334%$654K$226K50xas long as short
Bitget METISUSDT+0.0100%4h3.5350−0.051%$208K$431K50xas long as short
Variational Omni METIS+0.0100%4h3.5319−0.140%$33K$34Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX METIS-USDT+0.0116%4h3.5330−0.108%$2.4Mas long as short
KuCoin METISUSDTM+0.0846%4h3.5350−0.051%$635K$195K30xas long as short