MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against BloFin+0.052%61s7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as 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−$710.706% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)−0.567%−$57 · spread now +0.052%, 7d avg −0.030%

Together, before fees−0.586%−$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.081% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 61 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	BloFin MET-USDT	0.2844	0.0062	pay 0.0031% / 4h	6m 16s	$294K	$83K	50x
Short	Binance METUSDT	0.2845	0.0100	get 0.0050% / 4h	6m 16s	$5.0M	$11.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: $7.91
Price spread: +0.052% → −0.030%: $8.11
Slippage, 4 orders: −$48.63
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$54.6
Costs to cover: 0.706%
Break-even: 55.3 days

Slippage from BloFin: live order book, 65 min ago; Binance: live order book, 4 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 BloFin live order book, 65 min ago	3.51 bp	17.2 bp −$17	58.6 bp −$586	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	3.51 bp	18.9 bp −$19	87.5 bp −$875	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	0.2845	+0.048%	$10K	—	50x	as long as short
Phoenix MET	−0.0112%	1h	0.2848	+0.155%	$15K	$13K	5x	as long as short
BloFin MET-USDTlong	+0.0062%	4h	0.2844	long leg	$294K	$83K	50x
Hyperliquid MET	+0.0100%	1h	0.2847	+0.120%	$4.3M	$1.3M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2849	+0.190%	$54K	$11K	5x	as long as short
Binance METUSDTshort	+0.0100%	4h	0.2845	+0.052%	$5.0M	$11.7M	50x
Bybit METUSDT	+0.0100%	4h	0.2846	+0.056%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2848	+0.141%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2848	+0.141%	$193K	$190K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2847	+0.105%	$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	0.2848	+0.141%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2849	+0.176%	$685K	$874K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2844	0.000%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2845	+0.035%	$1K	$1.6M	20x	as long as short
Lighter MET	+0.0216%	1h	0.2851	+0.243%	$249K	$268K	5x	as long as short
Backpack MET_USDC_PERP	+0.0482%	1h	0.2849	+0.162%	$332K	$262K	5x	as long as short