Settings8H · net · $10k
Funding arb · Price arb /

METIS

all METIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against Variational Omni−0.168%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.168% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni METIS3.50990.0100pay 0.0050% / 4h3h 58m$33K$34K
ShortOKX METIS-USDT-SWAP3.50400.0100get 0.0050% / 4h3h 58m$387K$990K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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

Funding earned
$0
Price spread: −0.168% → 0.000%
−$16.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$26.77
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell OKX live order book, 48 min ago8.54 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective METIS/USDC PERP+0.0033%1h3.2100−8.544%$40K5.5xas long as short
Aster METISUSDT+0.0100%4h3.5076−0.065%$11K$25K5xas long as short
Binance METISUSDT+0.0100%4h3.5049−0.143%$2.1M$4.3M50xas long as short
OKX METIS-USDT-SWAPshort+0.0100%4h3.5040−0.168%$387K$990K10x
Gate METIS_USDT+0.0100%4h3.5030−0.196%$152K$130K50xas long as short
MEXC METIS_USDT+0.0100%4h3.5060−0.111%$708K$234K50xas long as short
Bitget METISUSDT+0.0100%4h3.5060−0.111%$208K$450K50xas long as short
BingX METIS-USDT+0.0100%4h3.5040−0.168%$2.4Mas long as short
Variational Omni METISlong+0.0100%4h3.5099long leg$33K$34K
Kraken Futures PF_METISUSD+0.0183%1h3.5078−0.059%$2K$3K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin METISUSDTM+0.0958%4h3.5210+0.317%$630K$194K30xas long as short
Bybit METISUSDT+0.1538%4h3.5120+0.060%$693K$591K20xas long as short