Spread before costs (cost unknown: a leg has no order-book sample)+0.049%
7d average—if it closes, per $10,000$5funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MET_USDC_PERP | 0.2748 | 0.0100 | pay 0.0013% / 1h | 18m 15s | $318K | $259K | 5x |
| Short | Aster METUSDT | 0.2749 | 0.0100 | get 0.0050% / 4h | 18m 15s | $51K | $9K | 5x |
Backpack MET_USDC_PERP
Aster METUSDTPrice 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
- $4.89
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$13.11
- Spread needed to break even
- 0.180%
Slippage unknown: Backpack: live order book, 32 min ago; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Backpack live order book, 32 min ago | 0.18 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2738cheapestGMX0.2741+0.121%SunX0.2742+0.146%Binance0.2743+0.183%Bybit0.2743+0.183%OKX0.2744+0.219%Gate0.2744+0.219%Bitget0.2744+0.219%MEXC0.2746+0.292%Hyperliquid0.2747+0.329%KuCoin0.2747+0.329%
ApeX Omni
GMX
SunX
Binance
Bybit
OKX
Gate
Bitget
MEXC
Hyperliquid
KuCoinBackpack0.2748+0.354%
Phoenix0.2748+0.383%
PhoenixAster0.2749+0.403%
Lighter0.2749+0.413%BloFin0.2750+0.438%
Lighter
BloFinMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.353% | +0.0100% | 1h | $35K | $119K | 50x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.232% | L −0.1598% / S +0.0234% | 1h | $9K | — | 50x | as long as short |
| SunX MET-USDT | −0.207% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| Binance METUSDT | −0.171% | +0.0100% | 4h | $4.6M | $10.3M | 50x | as long as short |
| Bybit METUSDT | −0.171% | +0.0100% | 4h | $4.7M | $3.0M | 25x | as long as short |
| OKX MET-USDT-SWAP | −0.135% | +0.0100% | 4h | $1.1M | $3.0M | 20x | as long as short |
| Gate MET_USDT | −0.135% | +0.0100% | 4h | $188K | $245K | 50x | as long as short |
| Bitget METUSDT | −0.135% | +0.0100% | 4h | $638K | $923K | 25x | as long as short |
| MEXC MET_USDT | −0.062% | +0.0100% | 4h | $939K | $227K | 20x | as long as short |
| Hyperliquid MET | −0.025% | +0.0100% | 1h | $4.1M | $1.1M | 3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | −0.025% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Backpack MET_USDC_PERPlong | 0.000% | +0.0100% | 1h | $318K | $259K | 5x | |
| Phoenix MET | +0.029% | −0.0673% | 1h | $14K | $15K | 5x | as long as short |
| Aster METUSDTshort | +0.049% | +0.0100% | 4h | $51K | $9K | 5x | |
| Lighter MET | +0.058% | +0.0144% | 1h | $281K | $260K | 5x | as long as short |
| BloFin MET-USDT | +0.084% | +0.0125% | 4h | $282K | $80K | 50x | as long as short |