Funding arb · Price arb /

MET

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Aster+0.009%7-day average — · you sell dearer than you buy

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

Long on Aster Short on KuCoin

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	0.2853	0.0100	pay 0.0050% / 4h	1h 06m	$54K	$11K	5x
Short	KuCoin METUSDTM	0.2853	0.0100	get 0.0050% / 4h	1h 06m	$1.3M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$19.11
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	7.02 bp	117.1 bp −$117	461.9 bp −$4,619	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	0.2855	+0.063%	$10K	—	50x	as long as short
Phoenix MET	−0.0114%	1h	0.2853	−0.002%	$14K	$13K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2858	+0.186%	$4.3M	$1.3M	3x	as long as short
Aster METUSDTlong	+0.0100%	4h	0.2853	long leg	$54K	$11K	5x
Binance METUSDT	+0.0100%	4h	0.2856	+0.097%	$5.0M	$11.3M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2854	+0.044%	$4.9M	$2.9M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2859	+0.219%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2852	−0.026%	$193K	$189K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2854	+0.044%	$966K	$272K	20x	as long as short
KuCoin METUSDTMshort	+0.0100%	4h	0.2853	+0.009%	$1.3M	$2.5M	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDT	+0.0100%	4h	0.2859	+0.219%	$679K	$854K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2851	−0.061%	$37K	$111K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2853	+0.009%	$2K	$1.6M	20x	as long as short
Lighter MET	+0.0128%	1h	0.2864	+0.398%	$265K	$247K	5x	as long as short
BloFin MET-USDT	+0.0137%	4h	0.2854	+0.044%	$293K	$79K	50x	as long as short
Backpack MET_USDC_PERP	+0.0561%	1h	0.2857	+0.149%	$332K	$257K	5x	as long as short