MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.004%

Price spread now: Bitget against BloFin−0.350%65s7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as 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−$920.916% of the position

Long on BloFin Short on Bitget

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)+0.013%+$1 · spread now −0.350%, 7d avg +0.028%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.378% cheaper against BloFin than usual: you would sell low and buy high (spread −0.350% now, against its 7-day average of +0.028%). If the spread goes back, that is −$38 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.019% in total) that is about 5 months. The two prices were read 65 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	0.2860	0.0067	pay 0.0034% / 4h	3h 18m	$293K	$87K	50x
Short	Bitget METUSDT	0.2850	0.0100	get 0.0050% / 4h	3h 18m	$683K	$866K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.350%Rate

Funding earned: $6.84
Price spread: −0.350% → +0.028%: −$37.81
Slippage, 4 orders: −$67.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$122.53
Costs to cover: 0.916%
Break-even: 132.4 days

Slippage from BloFin: live order book, 49 min ago; Bitget: live order book, 53 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, 49 min ago	1.76 bp	21.6 bp −$22	61.7 bp −$617	doesn't fit	doesn't fit
Sell Bitget live order book, 53 min ago	8.75 bp	29.1 bp −$29	97.1 bp −$971	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	−0.437%	$10K	—	50x	as long as short
BloFin MET-USDTlong	+0.0067%	4h	0.2860	long leg	$293K	$87K	50x
Hyperliquid MET	+0.0100%	1h	0.2850	−0.350%	$4.2M	$1.5M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2841	−0.658%	$53K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2849	−0.385%	$5.0M	$11.8M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2847	−0.458%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2851	−0.315%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2845	−0.524%	$193K	$186K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2848	−0.420%	$991K	$283K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2847	−0.455%	$1.3M	$2.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDTshort	+0.0100%	4h	0.2850	−0.350%	$683K	$866K	25x
ApeX Omni METUSDT	+0.0100%	1h	0.2853	−0.245%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2851	−0.315%	$1K	$1.6M	20x	as long as short
Phoenix MET	+0.0197%	1h	0.2859	−0.045%	$15K	$15K	5x	as long as short
Lighter MET	+0.0416%	1h	0.2855	−0.178%	$255K	$280K	5x	as long as short
Backpack MET_USDC_PERP	+0.0689%	1h	0.2852	−0.276%	$332K	$264K	5x	as long as short