METIS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.004%

Price spread now: Variational Omni against MEXC−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Variational Omni is 0.057% cheaper against MEXC than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC METIS_USDT	3.5380	0.0100	pay 0.0050% / 4h	3h 17m	$683K	$215K	50x
Short	Variational Omni METIS	3.5360	0.0230	get 0.0115% / 4h	3h 17m	$33K	$34K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.057%Rate

Funding earned: $27.28
Price spread: −0.057% → 0.000%: −$5.69
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $17.59
Costs to cover: 0.040%
Break-even: 2.5 days

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	2.83 bp	11.3 bp −$11	66.3 bp −$663	236.0 bp −$23.6K	538.3 bp −$269.2K
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
Kraken Futures PF_METISUSD	−0.0111%	1h	3.5406	+0.074%	$2K	$2K	10x	as long as short
Injective METIS/USDC PERP	+0.0033%	1h	3.2100	−9.271%	—	$40K	5.5x	as long as short
Aster METISUSDT	+0.0100%	4h	3.5360	−0.057%	$11K	$22K	5x	as long as short
Binance METISUSDT	+0.0100%	4h	3.5397	+0.047%	$2.2M	$3.9M	50x	as long as short
OKX METIS-USDT-SWAP	+0.0100%	4h	3.5380	0.000%	$396K	$978K	10x	as long as short
Gate METIS_USDT	+0.0100%	4h	3.5360	−0.057%	$142K	$122K	50x	as long as short
MEXC METIS_USDTlong	+0.0100%	4h	3.5380	long leg	$683K	$215K	50x
Bitget METISUSDT	+0.0100%	4h	3.5400	+0.057%	$205K	$421K	50x	as long as short
Variational Omni METISshort	+0.0230%	4h	3.5360	−0.057%	$33K	$34K	—
KuCoin METISUSDTM	+0.1030%	4h	3.5530	+0.424%	$683K	$154K	30x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX METIS-USDT	+0.1050%	4h	3.5410	+0.085%	—	$2.4M	—	as long as short
Bybit METISUSDT	+0.2679%	4h	3.5420	+0.113%	$706K	$565K	20x	as long as short