MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.004%

Price spread now: Bybit against BloFin−0.490%52s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as 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−$1221.222% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.490%, 7d avg +0.009%

Together, before fees+0.075%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.498% cheaper against BloFin than usual: you would sell low and buy high (spread −0.490% now, against its 7-day average of +0.009%). If the spread goes back, that is −$50 on $10k: about 39 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 52 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	0.0057	pay 0.0029% / 4h	3h 16m	$293K	$87K	50x
Short	Bybit METUSDT	0.2846	0.0100	get 0.0050% / 4h	3h 16m	$5.0M	$3.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.490%Rate

Funding earned: $9.03
Price spread: −0.490% → +0.009%: −$49.8
Slippage, 4 orders: −$99.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$162.93
Costs to cover: 1.222%
Break-even: 133.3 days

Slippage from BloFin: live order book, 50 min ago; Bybit: live order book, 1 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, 50 min ago	1.76 bp	21.6 bp −$22	61.7 bp −$617	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.52 bp	44.0 bp −$44	174.5 bp −$1,745	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	0.2846	−0.478%	$10K	—	50x	as long as short
BloFin MET-USDTlong	+0.0057%	4h	0.2860	long leg	$293K	$87K	50x
Hyperliquid MET	+0.0100%	1h	0.2845	−0.510%	$4.1M	$1.5M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2845	−0.511%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2846	−0.473%	$5.0M	$11.8M	50x	as long as short
Bybit METUSDTshort	+0.0100%	4h	0.2846	−0.490%	$5.0M	$3.1M	25x
OKX MET-USDT-SWAP	+0.0100%	4h	0.2848	−0.420%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2846	−0.490%	$193K	$186K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2846	−0.490%	$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 METUSDT	+0.0100%	4h	0.2847	−0.455%	$682K	$867K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2853	−0.245%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2843	−0.594%	$1K	$1.6M	20x	as long as short
Phoenix MET	+0.0197%	1h	0.2848	−0.430%	$15K	$15K	5x	as long as short
Lighter MET	+0.0392%	1h	0.2852	−0.273%	$255K	$280K	5x	as long as short
Backpack MET_USDC_PERP	+0.0677%	1h	0.2847	−0.441%	$331K	$264K	5x	as long as short