MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Bybit+0.072%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1121.116% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+1.935%+$194 · spread now +0.072%, 7d avg −0.008%

Together, before fees+2.010%+$201 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.080% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit METUSDT	0.2773	0.0100	pay 0.0050% / 4h	1h 40m	$4.8M	$3.1M	25x
Short	BloFin MET-USDT	0.2775	0.0110	get 0.0055% / 4h	1h 40m	$284K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.072%Rate

Funding earned: $2.15
Price spread: +0.072% → −0.008%: $7.98
Slippage, 4 orders: −$88.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$101.45
Costs to cover: 1.116%
Break-even: 338.0 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 81 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 Bybit live order book, 2 min ago	5.40 bp	38.5 bp −$39	296.7 bp −$2,967	doesn't fit	doesn't fit
Sell BloFin live order book, 81 min ago	5.32 bp	13.0 bp −$13	46.0 bp −$460	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 −0.0483% / S +0.0171%	1h	0.2771	−0.071%	$4K	—	50x	as long as short
Lighter MET	+0.0096%	1h	0.2772	−0.036%	$168K	$422K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2772	−0.036%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2774	+0.020%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2774	+0.036%	$4.8M	$12.2M	50x	as long as short
Bybit METUSDTlong	+0.0100%	4h	0.2773	long leg	$4.8M	$3.1M	25x
OKX MET-USDT-SWAP	+0.0100%	4h	0.2772	−0.036%	$1.2M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2774	+0.036%	$179K	$174K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2772	−0.036%	$927K	$280K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2774	+0.036%	$1.3M	$2.6M	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	0.2777	+0.144%	$650K	$890K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2778	+0.180%	$35K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2772	−0.036%	$2K	$1.6M	20x	as long as short
BloFin MET-USDTshort	+0.0110%	4h	0.2775	+0.072%	$284K	$89K	50x
Backpack MET_USDC_PERP	+0.0125%	1h	0.2774	+0.029%	$313K	$309K	5x	as long as short
Phoenix MET	+0.0173%	1h	0.2775	+0.083%	$14K	$15K	5x	as long as short