MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Bitget0.000%55s7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$860.862% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 3 days (all we have)+0.441%+$44 · spread now 0.000%, 7d avg −0.027%

Together, before fees+0.425%+$43 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METUSDT	0.2851	0.0100	pay 0.0050% / 4h	8m 22s	$685K	$873K	25x
Short	BloFin MET-USDT	0.2851	0.0098	get 0.0049% / 4h	8m 22s	$295K	$83K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$0.38
Price spread: 0.000% → −0.027%: $2.69
Slippage, 4 orders: −$62.18
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$83.87
Costs to cover: 0.862%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 63 min ago.

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 Bitget live order book, 2 min ago	8.75 bp	23.0 bp −$23	87.7 bp −$877	doesn't fit	doesn't fit
Sell BloFin live order book, 63 min ago	3.51 bp	16.9 bp −$17	55.5 bp −$555	doesn't fit	doesn't fit

MET on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX MET/USD [WBTC.b-USDC]	L −0.1723% / S +0.0247%	1h	0.2848	−0.122%	$10K	—	50x	as long as short
Phoenix MET	−0.0112%	1h	0.2848	−0.105%	$15K	$13K	5x	as long as short
BloFin MET-USDTshort	+0.0098%	4h	0.2851	0.000%	$295K	$83K	50x
Hyperliquid MET	+0.0100%	1h	0.2850	−0.028%	$4.3M	$1.3M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2850	−0.030%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2848	−0.088%	$5.0M	$11.7M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2848	−0.119%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2849	−0.070%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2850	−0.035%	$193K	$190K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2849	−0.070%	$1.0M	$280K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2851	0.000%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDTlong	+0.0100%	4h	0.2851	long leg	$685K	$873K	25x
ApeX Omni METUSDT	+0.0100%	1h	0.2843	−0.281%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2848	−0.105%	$1K	$1.6M	20x	as long as short
Lighter MET	+0.0216%	1h	0.2854	+0.105%	$249K	$268K	5x	as long as short
Backpack MET_USDC_PERP	+0.0474%	1h	0.2854	+0.095%	$332K	$262K	5x	as long as short