Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.074%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.457%−$46 · spread now +0.074%, 7d avg −0.008%
=The price spread pays, funding is against you. MEXC is 0.082% dearer against BloFin than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.014% in total) that is about 41 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MET-USDT | 0.2710 | 0.0124 | pay 0.0062% / 4h | 1h 33m | $271K | $90K | 50x |
| Short | MEXC MET_USDT | 0.2712 | 0.0100 | get 0.0050% / 4h | 1h 33m | $835K | $291K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.99
- Price spread: +0.074% → −0.008%
- $8.22
- Slippage, 4 orders
- −$34.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$47.54
- Costs to cover
- 0.508%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; MEXC: live order book, 12 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, 51 min ago | 3.69 bp | 21.1 bp −$21 | 54.6 bp −$546 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 1.84 bp | 8.4 bp −$8 | 27.3 bp −$273 | 182.5 bp −$18.3K | 622.0 bp −$311.0K |
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 −0.0599% / S +0.0178% | 1h | 0.2719 | +0.327% | $4K | — | 50x | as long as short |
| Bybit METUSDT | −0.0068% | 4h | 0.2710 | 0.000% | $4.7M | $3.2M | 25x | as long as short |
| Phoenix MET | −0.0029% | 1h | 0.2722 | +0.439% | $13K | $14K | 5x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2710 | +0.011% | $164K | $432K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2712 | +0.059% | $3.6M | $1.9M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2712 | +0.088% | $51K | $11K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2713 | +0.100% | $4.6M | $12.7M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2714 | +0.148% | $1.1M | $3.3M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2708 | −0.074% | $169K | $194K | 50x | as long as short |
| MEXC MET_USDTshort | +0.0100% | 4h | 0.2712 | +0.074% | $835K | $291K | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.0100% | 4h | 0.2712 | +0.074% | $1.3M | $2.7M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2712 | +0.074% | $663K | $962K | 25x | as long as short |
| Backpack MET_USDC_PERP | +0.0100% | 1h | 0.2711 | +0.052% | $306K | $278K | 5x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2717 | +0.258% | $34K | $120K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2713 | +0.111% | $1K | $1.6M | 20x | as long as short |
| BloFin MET-USDTlong | +0.0124% | 4h | 0.2710 | long leg | $271K | $90K | 50x |
BloFin MET-USDT
MEXC MET_USDT
GMX MET/USD [WBTC.b-USDC]
Bybit METUSDT
Phoenix MET
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
KuCoin METUSDTM
Bitget METUSDT
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT