MET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against Gate+0.073%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1401.397% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now +0.073%, 7d avg +0.003%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.070% dearer against Gate than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.003%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MET_USDT	0.2724	0.0100	pay 0.0050% / 4h	1h 42m	$170K	$194K	50x
Short	BloFin MET-USDT	0.2726	0.0089	get 0.0045% / 4h	1h 42m	$275K	$90K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$2.24
Price spread: +0.073% → +0.003%: $7
Slippage, 4 orders: −$112.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$134.95
Costs to cover: 1.397%
Break-even: never at this rate

Slippage from Gate: live order book, 58 min ago; BloFin: live order book, 42 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 Gate live order book, 58 min ago	3.67 bp	39.2 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 42 min ago	3.69 bp	14.3 bp −$14	60.8 bp −$608	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 −0.0738% / S +0.0214%	1h	0.2725	+0.052%	$4K	—	50x	as long as short
Phoenix MET	−0.0029%	1h	0.2720	−0.147%	$13K	$14K	5x	as long as short
Bybit METUSDT	+0.0011%	4h	0.2723	−0.048%	$4.7M	$3.2M	25x	as long as short
BloFin MET-USDTshort	+0.0089%	4h	0.2726	+0.073%	$275K	$90K	50x
Lighter MET	+0.0096%	1h	0.2725	+0.033%	$165K	$430K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2721	−0.103%	$3.6M	$1.9M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2723	−0.026%	$51K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2721	−0.099%	$4.6M	$12.7M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2721	−0.110%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDTlong	+0.0100%	4h	0.2724	long leg	$170K	$194K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDT	+0.0100%	4h	0.2721	−0.110%	$838K	$289K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2723	−0.037%	$1.3M	$2.7M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2726	+0.073%	$667K	$962K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2726	+0.070%	$307K	$278K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2721	−0.110%	$34K	$120K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2726	+0.073%	$2K	$1.6M	20x	as long as short