Spread before costs (cost unknown: a leg has no order-book sample)+0.064%
7d average—if it closes, per $10,000$6funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METUSDT | 0.2744 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $51K | $9K | 5x |
| Short | Lighter MET | 0.2746 | 0.0096 | get 0.0012% / 1h | 35m 42s | $253K | $328K | 5x |
Aster METUSDT
Lighter METPrice 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
- $6.41
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.71
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 55 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Lighter live order book, 55 min ago | 8.02 bp | 9.0 bp −$9 | 181.3 bp −$1,813 | 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.BloFin0.2737cheapestApeX Omni0.2738+0.037%Gate0.2740+0.110%MEXC0.2740+0.110%Binance0.2740+0.123%Bybit0.2741+0.146%Phoenix0.2741+0.161%Hyperliquid0.2743+0.219%KuCoin0.2743+0.219%Bitget0.2743+0.219%
BloFin
ApeX Omni
Gate
MEXC
Binance
Bybit
Phoenix
Hyperliquid
KuCoin
BitgetAster0.2744+0.246%
OKX0.2744+0.256%GMX0.2744+0.266%Backpack0.2745+0.274%SunX0.2745+0.292%
OKX
GMX
Backpack
SunXLighter0.2746+0.311%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MET-USDT | −0.246% | +0.0128% | 4h | $279K | $86K | 50x | as long as short |
| ApeX Omni METUSDT | −0.209% | +0.0100% | 1h | $35K | $118K | 50x | as long as short |
| Gate MET_USDT | −0.136% | +0.0100% | 4h | $190K | $213K | 50x | as long as short |
| MEXC MET_USDT | −0.136% | +0.0100% | 4h | $889K | $237K | 20x | as long as short |
| Binance METUSDT | −0.123% | +0.0100% | 4h | $4.7M | $10.7M | 50x | as long as short |
| Bybit METUSDT | −0.100% | −0.0045% | 4h | $4.7M | $2.8M | 25x | as long as short |
| Phoenix MET | −0.085% | −0.0206% | 1h | $13K | $17K | 5x | as long as short |
| Hyperliquid MET | −0.027% | +0.0100% | 1h | $4.1M | $1.2M | 3x | as long as short |
| KuCoin METUSDTM | −0.027% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | −0.027% | +0.0100% | 4h | $648K | $861K | 25x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster METUSDTlong | 0.000% | +0.0100% | 4h | $51K | $9K | 5x | |
| OKX MET-USDT-SWAP | +0.009% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | +0.019% | L +0.0102% / S +0.0086% | 1h | $25K | — | 50x | as long as short |
| Backpack MET_USDC_PERP | +0.028% | +0.0100% | 1h | $320K | $241K | 5x | as long as short |
| SunX MET-USDT | +0.046% | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| Lighter METshort | +0.064% | +0.0096% | 1h | $253K | $328K | 5x |