Funding you earn now, next payment 08:00 UTC−0.0852%/8h= −93.3% APRnext payment −$4.26 per $10,000 · paid last 24h −0.037%
Price spread now: Aster against KuCoin−0.216%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$26 a day on $10k at the current rate, and Aster is 0.216% cheaper against KuCoin than usual: you would sell low and buy high (−$22 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 | KuCoin METISUSDTM | 3.5070 | 0.0952 | pay 0.0476% / 4h | 3h 55m | $627K | $194K | 30x |
| Short | Aster METISUSDT | 3.4994 | 0.0100 | get 0.0050% / 4h | 3h 55m | $11K | $25K | 5x |
KuCoin METISUSDTM
Aster METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$178.92
- Price spread: −0.216% → 0.000%
- −$21.59
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$220.51
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 18 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 18 min ago | 15.56 bp | 311.0 bp −$311 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −8.469% | — | $40K | 5.5x | as long as short |
| Aster METISUSDTshort | +0.0100% | 4h | 3.4994 | −0.216% | $11K | $25K | 5x | |
| Binance METISUSDT | +0.0100% | 4h | 3.4987 | −0.238% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5040 | −0.086% | $691K | $591K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5000 | −0.200% | $386K | $990K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5000 | −0.200% | $152K | $130K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5000 | −0.200% | $706K | $234K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5000 | −0.200% | $207K | $450K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5069 | −0.003% | $33K | $34K | — | as long as short |
| Kraken Futures PF_METISUSD | +0.0184% | 1h | 3.4965 | −0.300% | $2K | $3K | 10x | as long as short |
Injective METIS/USDC PERP
Binance METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METIS
Kraken Futures PF_METISUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METISUSDTMlong | +0.0952% | 4h | 3.5070 | long leg | $627K | $194K | 30x | |
| BingX METIS-USDT | +0.1460% | 4h | 3.5000 | −0.200% | — | $2.4M | — | as long as short |
BingX METIS-USDT