Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.9% APRnext payment +$1.50 per $10,000 · paid last 24h +0.004%
Price spread now: Variational Omni against Gate+0.593%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.593% dearer against Gate than usual: you sell high and buy low: +$59 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 | Gate METIS_USDT | 3.5300 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $154K | $142K | 50x |
| Short | Variational Omni METIS | 3.5509 | 0.0400 | get 0.0200% / 4h | 2h 32m | $41K | $26K | — |
Gate METIS_USDT
Variational Omni METISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- $63.05
- Price spread: +0.593% → 0.000%
- $59.35
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $107.4
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 29 min ago; Variational Omni: 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 Gate live order book, 29 min ago | 15.56 bp | 71.7 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −9.065% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5368 | +0.193% | $11K | $22K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5430 | +0.368% | $2.2M | $4.7M | 50x | as long as short |
| Gate METIS_USDTlong | +0.0100% | 4h | 3.5300 | long leg | $154K | $142K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5430 | +0.368% | $656K | $244K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5410 | +0.312% | $216K | $452K | 50x | as long as short |
| Kraken Futures PF_METISUSD | +0.0253% | 1h | 3.5461 | +0.456% | $2K | $7K | 10x | as long as short |
| KuCoin METISUSDTM | +0.0378% | 4h | 3.5510 | +0.595% | $636K | $220K | 30x | as long as short |
| Variational Omni METISshort | +0.0400% | 4h | 3.5509 | +0.593% | $41K | $26K | — | |
| OKX METIS-USDT-SWAP | +0.0431% | 4h | 3.5470 | +0.482% | $399K | $1.1M | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
MEXC METIS_USDT
Bitget METISUSDT
Kraken Futures PF_METISUSD
KuCoin METISUSDTM
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0954% | 4h | 3.5440 | +0.397% | — | $2.4M | — | as long as short |
| Bybit METISUSDT | +0.0976% | 4h | 3.5490 | +0.538% | $713K | $633K | 20x | as long as short |
BingX METIS-USDT
Bybit METISUSDT