Spread before costs (cost unknown: a leg has no order-book sample)+0.028%
7d average—if it closes, per $10,000$3funding while held, a day−$15.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METUSDT | 0.2739 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $51K | $9K | 5x |
| Short | Backpack MET_USDC_PERP | 0.2740 | −0.0420 | pay 0.0053% / 1h | 41m 29s | $321K | $253K | 5x |
Aster METUSDT
Backpack MET_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.81
- Funding while held
- −$15.6
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$30.79
- Spread needed to break even
- 0.180%
Slippage unknown: Aster: no order-book sample; Backpack: live order book, 63 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0520%
- Per $10,000 a day
- −$15.60
- Average in range /8h
- —
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 Backpack live order book, 63 min ago | 2.70 bp | 17.7 bp −$18 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2736cheapestBinance0.2738+0.074%GMX0.2738+0.088%
Gate
Binance
GMXAster0.2739+0.107%
Bybit0.2739+0.110%MEXC0.2739+0.110%
Bybit
MEXCBackpack0.2740+0.135%
OKX0.2740+0.146%KuCoin0.2740+0.146%Bitget0.2740+0.146%SunX0.2741+0.183%Hyperliquid0.2741+0.186%BloFin0.2749+0.475%ApeX Omni0.2750+0.512%Lighter0.2751+0.534%Phoenix0.2752+0.567%
OKX
KuCoin
Bitget
SunX
Hyperliquid
BloFin
ApeX Omni
Lighter
PhoenixMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MET_USDT | −0.107% | +0.0100% | 4h | $190K | $243K | 50x | as long as short |
| Binance METUSDT | −0.033% | +0.0100% | 4h | $4.7M | $10.6M | 50x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.019% | L +0.0083% / S +0.0127% | 1h | $25K | — | 50x | as long as short |
| Aster METUSDTlong | 0.000% | +0.0100% | 4h | $51K | $9K | 5x | |
| Bybit METUSDT | +0.003% | −0.0216% | 4h | $4.7M | $3.0M | 25x | as long as short |
| MEXC MET_USDT | +0.003% | +0.0100% | 4h | $968K | $228K | 20x | as long as short |
| Backpack MET_USDC_PERPshort | +0.028% | −0.0420% | 1h | $321K | $253K | 5x | |
| OKX MET-USDT-SWAP | +0.039% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| KuCoin METUSDTM | +0.039% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | +0.039% | +0.0100% | 4h | $650K | $934K | 25x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MET-USDT | +0.076% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| Hyperliquid MET | +0.079% | +0.0100% | 1h | $4.2M | $1.2M | 3x | as long as short |
| BloFin MET-USDT | +0.368% | +0.0069% | 4h | $280K | $81K | 50x | as long as short |
| ApeX Omni METUSDT | +0.404% | +0.0100% | 1h | $35K | $117K | 50x | as long as short |
| Lighter MET | +0.426% | +0.0536% | 1h | $327K | $303K | 5x | as long as short |
| Phoenix MET | +0.459% | −0.0432% | 1h | $14K | $16K | 5x | as long as short |