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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.26 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against BloFin−0.032%52s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.032% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MET-USDT0.28080.0153pay 0.0076% / 4h2h 04m$291K$78K50x
ShortAster METUSDT0.28070.0100get 0.0050% / 4h2h 04m$52K$10K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$11.06
Price spread: −0.032% → 0.000%
−$3.19
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$34.25
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 12 min ago1.77 bp34.1 bp −$3494.2 bp −$942doesn't fitdoesn'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.

MET on 16 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
GMX MET/USD [WBTC.b-USDC]L −0.1450% / S +0.0218%1h0.2806−0.070%$9K50xas long as short
Phoenix MET−0.0197%1h0.2816+0.288%$14K$13K5xas long as short
Lighter MET+0.0096%1h0.2809+0.050%$259K$244K5xas long as short
Hyperliquid MET+0.0100%1h0.2807−0.039%$4.3M$1.2M3xas long as short
Aster METUSDTshort+0.0100%4h0.2807−0.032%$52K$10K5x
Binance METUSDT+0.0100%4h0.2805−0.107%$4.9M$11.0M50xas long as short
Bybit METUSDT+0.0100%4h0.2803−0.178%$4.9M$2.8M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h0.2806−0.071%$1.3M$3.3M20xas long as short
Gate MET_USDT+0.0100%4h0.2807−0.036%$191K$195K50xas long as short
MEXC MET_USDT+0.0100%4h0.2805−0.107%$926K$264K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin METUSDTM+0.0100%4h0.2804−0.142%$1.3M$2.4M50xas long as short
Bitget METUSDT+0.0100%4h0.2807−0.036%$659K$845K25xas long as short
ApeX Omni METUSDT+0.0100%1h0.2805−0.107%$37K$110K50xas long as short
SunX MET-USDT+0.0100%4h0.2806−0.071%$2K$1.6M20xas long as short
BloFin MET-USDTlong+0.0153%4h0.2808long leg$291K$78K50x
Backpack MET_USDC_PERP+0.0339%1h0.2808−0.011%$328K$251K5xas long as short