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 UTC−0.0014%/8h= −1.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Aster against BingX−0.144%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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.144% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX METIS-USDT3.55800.0114pay 0.0057% / 4h3h 19m$2.4M
ShortAster METISUSDT3.55290.0100get 0.0050% / 4h3h 19m$11K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$2.94
Price spread: −0.144% → 0.000%
−$14.44
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$35.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 15 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 15 min ago4.22 bp28.1 bp −$2896.1 bp −$961doesn't fitdoesn't fit
Sell Aster no order-book sample
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%1h3.2100−9.781%$40K5.5xas long as short
Aster METISUSDTshort+0.0100%4h3.5529−0.144%$11K$28K5x
Binance METISUSDT+0.0100%4h3.5530−0.141%$2.2M$4.7M50xas long as short
Bybit METISUSDT+0.0100%4h3.55800.000%$711K$650K20xas long as short
Gate METIS_USDT+0.0100%4h3.5500−0.225%$152K$164K50xas long as short
MEXC METIS_USDT+0.0100%4h3.5540−0.112%$696K$254K50xas long as short
KuCoin METISUSDTM+0.0100%4h3.5620+0.112%$638K$232K30xas long as short
Bitget METISUSDT+0.0100%4h3.5540−0.112%$223K$461K50xas long as short
Variational Omni METIS+0.0100%4h3.5589+0.026%$41K$26Kas long as short
OKX METIS-USDT-SWAP+0.0110%4h3.5510−0.197%$399K$1.1M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX METIS-USDTlong+0.0114%4h3.5580long leg$2.4M
Kraken Futures PF_METISUSD+0.0739%1h3.5519−0.171%$2K$7K10xas long as short