Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.011%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1251.253% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.011%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METUSDT | 0.2791 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $4.8M | $3.2M | 25x |
| Short | OKX MET-USDT-SWAP | 0.2791 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.2M | $3.4M | 20x |
Bybit METUSDT
OKX MET-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $0
- Price spread: −0.011% → −0.023%
- $1.27
- Slippage, 4 orders
- −$104.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$124.04
- Costs to cover
- 1.253%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 1.79 bp | 39.6 bp −$40 | 275.2 bp −$2,752 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 5.36 bp | 19.8 bp −$20 | 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 −0.0599% / S +0.0206% | 1h | 0.2791 | −0.019% | $4K | — | 50x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2791 | −0.014% | $169K | $423K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2789 | −0.079% | $3.8M | $1.7M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2792 | +0.015% | $53K | $11K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2790 | −0.064% | $4.8M | $12.2M | 50x | as long as short |
| Bybit METUSDTlong | +0.0100% | 4h | 0.2791 | long leg | $4.8M | $3.2M | 25x | |
| OKX MET-USDT-SWAPshort | +0.0100% | 4h | 0.2791 | −0.011% | $1.2M | $3.4M | 20x | |
| Gate MET_USDT | +0.0100% | 4h | 0.2793 | +0.061% | $180K | $175K | 50x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | 0.2790 | −0.047% | $939K | $284K | 20x | as long as short |
| KuCoin METUSDTM | +0.0100% | 4h | 0.2794 | +0.097% | $1.3M | $2.6M | 50x | as long as short |
GMX MET/USD [WBTC.b-USDC]
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget METUSDT | +0.0100% | 4h | 0.2794 | +0.097% | $654K | $888K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2789 | −0.082% | $36K | $117K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2790 | −0.047% | $1K | $1.6M | 20x | as long as short |
| BloFin MET-USDT | +0.0114% | 4h | 0.2791 | −0.011% | $285K | $90K | 50x | as long as short |
| Phoenix MET | +0.0173% | 1h | 0.2804 | +0.451% | $14K | $15K | 5x | as long as short |
| Backpack MET_USDC_PERP | +0.0399% | 1h | 0.2792 | +0.018% | $315K | $310K | 5x | as long as short |
Bitget METUSDT
ApeX Omni METUSDT
SunX MET-USDT
BloFin MET-USDT
Phoenix MET
Backpack MET_USDC_PERP