Settings8H · net · $10k
Funding arb · Price arb /

MET

all MET markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against BloFin−0.141%55s7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.141%, 7d avg +0.023%
Together, before fees+0.223%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.163% cheaper against BloFin than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of +0.023%). If the spread goes back, that is −$16 on $10k: about 20 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MET-USDT0.28430.0073pay 0.0037% / 4h3h 57m$294K$83K50x
ShortSunX MET-USDT0.28390.0100get 0.0050% / 4h3h 57m$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$5.64
Price spread: −0.141% → +0.023%
−$16.32
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$30.69
Costs to cover
0.200%
Break-even
45.1 days
Slippage unknown: BloFin: live order book, 9 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 9 min ago1.76 bp21.6 bp −$2261.7 bp −$617doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago500.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MET on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MET/USD [WBTC.b-USDC]L −0.1723% / S +0.0247%1h0.2840−0.093%$10K50xas long as short
Phoenix MET−0.0112%1h0.2846+0.098%$15K$13K5xas long as short
BloFin MET-USDTlong+0.0073%4h0.2843long leg$294K$83K50x
Hyperliquid MET+0.0100%1h0.2841−0.060%$4.2M$1.4M3xas long as short
Aster METUSDT+0.0100%4h0.2842−0.021%$54K$11K5xas long as short
Binance METUSDT+0.0100%4h0.2842−0.035%$5.0M$11.8M50xas long as short
Bybit METUSDT+0.0100%4h0.2842−0.035%$4.9M$3.1M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h0.2842−0.035%$1.3M$3.4M20xas long as short
Gate MET_USDT+0.0100%4h0.2841−0.070%$193K$185K50xas long as short
MEXC MET_USDT+0.0100%4h0.2840−0.106%$1.0M$276K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin METUSDTM+0.0100%4h0.28430.000%$1.3M$2.6M50xas long as short
Bitget METUSDT+0.0100%4h0.2842−0.035%$681K$877K25xas long as short
ApeX Omni METUSDT+0.0100%1h0.28430.000%$36K$116K50xas long as short
SunX MET-USDTshort+0.0100%4h0.2839−0.141%$2K$1.6M20x
Lighter MET+0.0120%1h0.2846+0.098%$248K$268K5xas long as short
Backpack MET_USDC_PERP+0.0263%1h0.2843+0.007%$331K$262K5xas long as short