Funding arb · Price arb /

MET

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Swap Backtest

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 0.000%

Price spread now: MEXC against Aster−0.055%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.055% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster METUSDT	0.2780	0.0100	pay 0.0050% / 4h	3h 24m	$52K	$11K	5x
Short	MEXC MET_USDT	0.2778	0.0100	get 0.0050% / 4h	3h 24m	$933K	$281K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → 0.000%: −$5.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$17.54
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 32 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 MEXC live order book, 32 min ago	3.58 bp	11.1 bp −$11	41.9 bp −$419	238.4 bp −$23.8K	676.8 bp −$338.4K

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 −0.0498% / S +0.0175%	1h	0.2779	−0.035%	$4K	—	50x	as long as short
Phoenix MET	−0.0029%	1h	0.2788	+0.304%	$14K	$15K	5x	as long as short
BloFin MET-USDT	+0.0092%	4h	0.2780	+0.017%	$284K	$87K	50x	as long as short
Lighter MET	+0.0096%	1h	0.2779	−0.001%	$168K	$423K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2779	−0.023%	$3.7M	$1.7M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2780	long leg	$52K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2777	−0.094%	$4.8M	$12.1M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2779	−0.019%	$4.8M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2777	−0.091%	$1.2M	$3.2M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2778	−0.055%	$180K	$173K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDTshort	+0.0100%	4h	0.2778	−0.055%	$933K	$281K	20x
KuCoin METUSDTM	+0.0100%	4h	0.2780	+0.017%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2779	−0.019%	$653K	$857K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2781	+0.053%	$35K	$118K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2777	−0.091%	$2K	$1.6M	20x	as long as short
Backpack MET_USDC_PERP	+0.0250%	1h	0.2780	+0.002%	$317K	$269K	5x	as long as short