MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against BloFin0.000%63s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as 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−$1311.310% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 3 days (all we have)−1.013%−$101 · spread now 0.000%, 7d avg −0.004%

Together, before fees−0.958%−$96 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 63 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	0.2812	0.0080	pay 0.0040% / 4h	2h 37m	$289K	$80K	50x
Short	Gate MET_USDT	0.2812	0.0100	get 0.0050% / 4h	2h 37m	$192K	$194K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $4.12
Price spread: 0.000% → −0.004%: $0.39
Slippage, 4 orders: −$104.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$126.52
Costs to cover: 1.310%
Break-even: 222.2 days

Slippage from BloFin: live order book, 46 min ago; Gate: live order book, 45 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, 46 min ago	1.77 bp	23.0 bp −$23	78.5 bp −$785	doesn't fit	doesn't fit
Sell Gate live order book, 45 min ago	7.07 bp	52.3 bp −$52	doesn't fit	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 −0.1054% / S +0.0177%	1h	0.2815	+0.121%	$9K	—	50x	as long as short
Phoenix MET	−0.0197%	1h	0.2826	+0.480%	$14K	$13K	5x	as long as short
BloFin MET-USDTlong	+0.0080%	4h	0.2812	long leg	$289K	$80K	50x
Lighter MET	+0.0096%	1h	0.2822	+0.345%	$260K	$243K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2816	+0.149%	$4.3M	$1.2M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2814	+0.086%	$52K	$10K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2817	+0.170%	$4.9M	$11.0M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2815	+0.107%	$4.9M	$2.8M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2816	+0.142%	$1.3M	$3.3M	20x	as long as short
Gate MET_USDTshort	+0.0100%	4h	0.2812	0.000%	$192K	$194K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDT	+0.0100%	4h	0.2813	+0.036%	$926K	$259K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2813	+0.036%	$1.3M	$2.4M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2818	+0.213%	$662K	$845K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2818	+0.213%	$37K	$110K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2814	+0.071%	$2K	$1.6M	20x	as long as short
Backpack MET_USDC_PERP	+0.0265%	1h	0.2818	+0.206%	$329K	$252K	5x	as long as short