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

MET

all MET markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance+0.033%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$710.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+1.013%+$101 · spread now +0.033%, 7d avg +0.023%
Together, before fees+1.027%+$103 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance METUSDT0.27810.0100pay 0.0050% / 4h50m 32s$4.8M$12.2M50x
ShortBloFin MET-USDT0.27820.0070get 0.0035% / 4h50m 32s$285K$89K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$6.26
Price spread: +0.033% → +0.023%
$0.94
Slippage, 4 orders
−$49.28
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.6
Costs to cover
0.713%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago3.60 bp21.6 bp −$22142.8 bp −$1,428doesn't fitdoesn't fit
Sell BloFin live order book, 49 min ago1.80 bp11.1 bp −$1148.6 bp −$486doesn't fitdoesn't fit

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 −0.0498% / S +0.0175%1h0.2785+0.150%$4K50xas long as short
Phoenix MET0.0000%1h0.2786+0.162%$14K$15K5xas long as short
Bybit METUSDT+0.0026%4h0.2779−0.075%$4.8M$3.2M25xas long as short
BloFin MET-USDTshort+0.0070%4h0.2782+0.033%$285K$89K50x
Lighter MET+0.0096%1h0.2780−0.043%$168K$425K5xas long as short
Hyperliquid MET+0.0100%1h0.2786+0.166%$3.8M$1.7M3xas long as short
Aster METUSDT+0.0100%4h0.2784+0.117%$52K$11K5xas long as short
Binance METUSDTlong+0.0100%4h0.2781long leg$4.8M$12.2M50x
OKX MET-USDT-SWAP+0.0100%4h0.2782+0.033%$1.2M$3.3M20xas long as short
Gate MET_USDT+0.0100%4h0.2781−0.003%$178K$171K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h0.2783+0.069%$935K$280K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2782+0.033%$1.3M$2.6M50xas long as short
Bitget METUSDT+0.0100%4h0.2784+0.105%$651K$865K25xas long as short
ApeX Omni METUSDT+0.0100%1h0.2788+0.249%$36K$118K50xas long as short
SunX MET-USDT+0.0100%4h0.2782+0.033%$2K$1.6M20xas long as short
Backpack MET_USDC_PERP+0.0128%1h0.2785+0.130%$316K$310K5xas long as short