Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Aster against Injective+10.240%47s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 10.240% dearer against Injective than usual: you sell high and buy low: +$1,024 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective METIS/USDC PERP | 3.2100 | 0.0033 | pay 0.0004% / 1h | 52m 31s | — | $40K | 5.5x |
| Short | Aster METISUSDT | 3.5387 | 0.0100 | get 0.0050% / 4h | 52m 31s | $12K | $21K | 5x |
Injective METIS/USDC PERP
Aster METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- $14
- Price spread: +10.240% → 0.000%
- $1,023.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $1,029.96
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERPlong | +0.0033% | 1h | 3.2100 | long leg | — | $40K | 5.5x | |
| Kraken Futures PF_METISUSD | +0.0089% | 1h | 3.5354 | +10.136% | $2K | $3K | 10x | as long as short |
| Aster METISUSDTshort | +0.0100% | 4h | 3.5387 | +10.240% | $12K | $21K | 5x | |
| Binance METISUSDT | +0.0100% | 4h | 3.5327 | +10.052% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5370 | +10.187% | $697K | $587K | 20x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5380 | +10.218% | $153K | $138K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5360 | +10.156% | $656K | $226K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5350 | +10.125% | $208K | $431K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5484 | +10.543% | $33K | $33K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0117% | 4h | 3.5300 | +9.969% | $393K | $971K | 10x | as long as short |
Kraken Futures PF_METISUSD
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 | +0.0160% | 4h | 3.5330 | +10.062% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0854% | 4h | 3.5500 | +10.592% | $636K | $195K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM