Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h −0.069%
Price spread now: Aster against Kraken Futures−0.049%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.049% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_METISUSD | 3.5297 | 0.0141 | pay 0.0018% / 1h | 40m 54s | $2K | $2K | 10x |
| Short | Aster METISUSDT | 3.5280 | 0.0100 | get 0.0050% / 4h | 40m 54s | $11K | $23K | 5x |
Kraken Futures PF_METISUSD
Aster METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$8.56
- Price spread: −0.049% → 0.000%
- −$4.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.44
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures 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 PERP | +0.0033% | 1h | 3.2100 | −9.058% | — | $40K | 5.5x | as long as short |
| Aster METISUSDTshort | +0.0100% | 4h | 3.5280 | −0.049% | $11K | $23K | 5x | |
| Binance METISUSDT | +0.0100% | 4h | 3.5294 | −0.008% | $2.2M | $4.0M | 50x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5300 | +0.008% | $398K | $975K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5300 | +0.008% | $149K | $121K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5290 | −0.020% | $680K | $216K | 50x | as long as short |
| KuCoin METISUSDTM | +0.0100% | 4h | 3.5350 | +0.149% | $601K | $134K | 30x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5290 | −0.020% | $206K | $416K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5338 | +0.116% | $33K | $34K | — | as long as short |
| Kraken Futures PF_METISUSDlong | +0.0141% | 1h | 3.5297 | long leg | $2K | $2K | 10x |
Injective METIS/USDC PERP
Binance METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
KuCoin METISUSDTM
Bitget METISUSDT
Variational Omni METISShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.0378% | 4h | 3.5330 | +0.093% | $701K | $564K | 20x | as long as short |
| BingX METIS-USDT | +0.0382% | 4h | 3.5310 | +0.036% | — | $2.4M | — | as long as short |
Bybit METISUSDT
BingX METIS-USDT