Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster−0.002%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METUSDT	0.2844	0.0100	pay 0.0050% / 4h	3h 07m	$54K	$11K	5x
Short	Binance METUSDT	0.2844	0.0100	get 0.0050% / 4h	3h 07m	$5.0M	$11.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → 0.000%: −$0.21
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$18.21
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	1.76 bp	17.9 bp −$18	90.2 bp −$902	doesn't fit	doesn't fit

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.

MET on 16 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
GMX MET/USD [WBTC.b-USDC]	L −0.1723% / S +0.0247%	1h	0.2844	−0.025%	$10K	—	50x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2844	−0.028%	$4.0M	$1.5M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2844	long leg	$54K	$11K	5x
Binance METUSDTshort	+0.0100%	4h	0.2844	−0.002%	$5.0M	$11.9M	50x
Bybit METUSDT	+0.0100%	4h	0.2843	−0.045%	$4.9M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2845	+0.022%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2845	+0.022%	$193K	$186K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2844	−0.013%	$990K	$284K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2845	+0.022%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2847	+0.092%	$682K	$867K	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni METUSDT	+0.0100%	1h	0.2841	−0.119%	$36K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2844	−0.013%	$1K	$1.6M	20x	as long as short
BloFin MET-USDT	+0.0117%	4h	0.2847	+0.092%	$293K	$87K	50x	as long as short
Phoenix MET	+0.0197%	1h	0.2850	+0.187%	$15K	$15K	5x	as long as short
Lighter MET	+0.0272%	1h	0.2850	+0.187%	$254K	$280K	5x	as long as short
Backpack MET_USDC_PERP	+0.0568%	1h	0.2846	+0.071%	$331K	$264K	5x	as long as short