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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.051%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.882% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days−0.061%−$6 · spread now −0.051%, 7d avg −0.045%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget METUSDT0.28490.0100pay 0.0050% / 4h3h 46m$683K$880K25x
ShortBinance METUSDT0.28480.0100get 0.0050% / 4h3h 46m$5.0M$11.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.051% → −0.045%
−$0.61
Slippage, 4 orders
−$66.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$88.85
Costs to cover
0.882%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 8 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 Bitget live order book, 24 min ago8.75 bp23.0 bp −$2387.7 bp −$877doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.75 bp20.1 bp −$2093.2 bp −$932doesn'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%1h0.2847−0.068%$10K50xas long as short
Bybit METUSDT+0.0079%4h0.2847−0.070%$5.0M$3.1M25xas long as short
Hyperliquid MET+0.0100%1h0.2848−0.033%$4.2M$1.4M3xas long as short
Aster METUSDT+0.0100%4h0.2847−0.060%$54K$11K5xas long as short
Binance METUSDTshort+0.0100%4h0.2848−0.051%$5.0M$11.8M50x
OKX MET-USDT-SWAP+0.0100%4h0.2847−0.070%$1.3M$3.4M20xas long as short
Gate MET_USDT+0.0100%4h0.2846−0.105%$193K$185K50xas long as short
MEXC MET_USDT+0.0100%4h0.2847−0.070%$1.0M$277K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2848−0.035%$1.3M$2.6M50xas long as short
Bitget METUSDTlong+0.0100%4h0.2849long leg$683K$880K25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni METUSDT+0.0100%1h0.2845−0.140%$36K$116K50xas long as short
SunX MET-USDT+0.0100%4h0.2847−0.070%$2K$1.6M20xas long as short
BloFin MET-USDT+0.0144%4h0.28490.000%$293K$83K50xas long as short
Phoenix MET+0.0197%1h0.2849−0.011%$15K$15K5xas long as short
Lighter MET+0.0368%1h0.2855+0.225%$256K$278K5xas long as short
Backpack MET_USDC_PERP+0.0506%1h0.2850+0.032%$332K$264K5xas long as short