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+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.049%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.049%, 7d avg −0.054%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit METUSDT0.27930.0081pay 0.0040% / 4h29m 28s$4.8M$3.2M25x
ShortBinance METUSDT0.27920.0100get 0.0050% / 4h29m 28s$4.8M$12.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$4.09
Price spread: −0.049% → −0.054%
$0.55
Slippage, 4 orders
−$108.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$124.84
Costs to cover
1.295%
Break-even
220.8 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago3.59 bp44.6 bp −$45327.8 bp −$3,278doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.60 bp24.5 bp −$2492.4 bp −$924doesn'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 −0.0498% / S +0.0175%1h0.2792−0.025%$4K50xas long as short
Phoenix MET0.0000%1h0.2784−0.322%$14K$15K5xas long as short
Bybit METUSDTlong+0.0081%4h0.2793long leg$4.8M$3.2M25x
Lighter MET+0.0096%1h0.2793+0.004%$169K$425K5xas long as short
BloFin MET-USDT+0.0096%4h0.2780−0.469%$286K$89K50xas long as short
Hyperliquid MET+0.0100%1h0.2792−0.029%$3.8M$1.7M3xas long as short
Aster METUSDT+0.0100%4h0.2793+0.008%$52K$11K5xas long as short
Binance METUSDTshort+0.0100%4h0.2792−0.049%$4.8M$12.2M50x
OKX MET-USDT-SWAP+0.0100%4h0.2795+0.068%$1.2M$3.3M20xas long as short
Gate MET_USDT+0.0100%4h0.2791−0.075%$178K$171K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h0.2792−0.039%$938K$281K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2794+0.032%$1.3M$2.6M50xas long as short
Bitget METUSDT+0.0100%4h0.2793−0.004%$653K$866K25xas long as short
Backpack MET_USDC_PERP+0.0100%1h0.2799+0.211%$317K$309K5xas long as short
ApeX Omni METUSDT+0.0100%1h0.2780−0.469%$36K$118K50xas long as short
SunX MET-USDT+0.0100%4h0.2793−0.004%$2K$1.6M20xas long as short