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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.077%7-day average +0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.005%$0 · spread now +0.077%, 7d avg +0.066%
Together, before fees−0.022%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance METUSDT0.28080.0100pay 0.0050% / 4h2h 56m$4.9M$12.0M50x
ShortHyperliquid MET0.28100.0100get 0.0013% / 1h56m 56s$4.0M$1.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.077% → +0.066%
$1.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.92
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Hyperliquid: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.76 bp18.7 bp −$1983.9 bp −$839doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.71 bpdoesn't fitdoesn't fitdoesn'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 −0.1723% / S +0.0247%1h0.2811+0.114%$9K50xas long as short
BloFin MET-USDT+0.0061%4h0.2809+0.038%$291K$89K50xas long as short
Hyperliquid METshort+0.0100%1h0.2810+0.077%$4.0M$1.6M3x
Aster METUSDT+0.0100%4h0.2814+0.199%$53K$11K5xas long as short
Binance METUSDTlong+0.0100%4h0.2808long leg$4.9M$12.0M50x
Bybit METUSDT+0.0100%4h0.2807−0.023%$4.9M$3.1M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h0.2807−0.033%$1.2M$3.4M20xas long as short
Gate MET_USDT+0.0100%4h0.2811+0.109%$182K$177K50xas long as short
MEXC MET_USDT+0.0100%4h0.2807−0.033%$973K$276K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2808+0.002%$1.3M$2.6M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget METUSDT+0.0100%4h0.2810+0.074%$657K$881K25xas long as short
Backpack MET_USDC_PERP+0.0100%1h0.2812+0.134%$325K$273K5xas long as short
ApeX Omni METUSDT+0.0100%1h0.2813+0.180%$36K$117K50xas long as short
SunX MET-USDT+0.0100%4h0.2812+0.145%$1K$1.6M20xas long as short
Lighter MET+0.0120%1h0.2814+0.216%$250K$285K5xas long as short
Phoenix MET+0.0197%1h0.2812+0.148%$14K$15K5xas long as short