MET

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against KuCoin+0.071%80s7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2082.083% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$21 on $10k

Price spread, last 4 days (all we have)+1.917%+$192 · spread now +0.071%, 7d avg −0.032%

Together, before fees+2.132%+$213 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.103% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.032%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.215%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin METUSDTM	0.2836	0.0100	pay 0.0050% / 4h	3h 01m	$1.3M	$2.7M	50x
Short	BloFin MET-USDT	0.2838	0.0046	get 0.0023% / 4h	3h 01m	$277K	$94K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$11.29
Price spread: +0.071% → −0.032%: $10.29
Slippage, 4 orders: −$184.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$209.32
Costs to cover: 2.083%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 7 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 KuCoin live order book, 5 min ago	7.06 bp	91.9 bp −$92	362.7 bp −$3,627	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	3.54 bp	17.3 bp −$17	57.7 bp −$577	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 −0.0633% / S +0.0214%	1h	0.2834	−0.054%	$4K	—	50x	as long as short
Phoenix MET	−0.0206%	1h	0.2837	+0.035%	$14K	$14K	5x	as long as short
BloFin MET-USDTshort	+0.0046%	4h	0.2838	+0.071%	$277K	$94K	50x
Lighter MET	+0.0096%	1h	0.2838	+0.085%	$175K	$435K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2837	+0.021%	$3.7M	$1.8M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2836	+0.006%	$53K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2836	0.000%	$4.7M	$12.3M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2835	−0.035%	$4.8M	$3.2M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2837	+0.035%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2836	0.000%	$178K	$178K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDT	+0.0100%	4h	0.2834	−0.071%	$883K	$295K	20x	as long as short
KuCoin METUSDTMlong	+0.0100%	4h	0.2836	long leg	$1.3M	$2.7M	50x
Bitget METUSDT	+0.0100%	4h	0.2839	+0.106%	$711K	$854K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2832	−0.141%	$36K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2838	+0.071%	$2K	$1.6M	20x	as long as short
Backpack MET_USDC_PERP	+0.0318%	1h	0.2838	+0.056%	$324K	$242K	5x	as long as short