MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.034%

Price spread now: Gate against Lighter−0.175%7-day average −0.176% · you buy dearer than you sell

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$193as in the Price arb table

costs, in and out, $10k−$1931.928% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.175%, 7d avg −0.176%

Together, before fees−0.250%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.176%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MET	0.2855	0.0216	pay 0.0027% / 1h	8m 56s	$249K	$268K	5x
Short	Gate MET_USDT	0.2850	0.0100	get 0.0050% / 4h	8m 56s	$193K	$190K	50x

Funding history

latest

Range statsloading…

Gate against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee LighterbpFee GatebpOrdersPrice spread, now −0.175%Rate

Slippage from Lighter: live order book, 52 min ago; Gate: live order book, 62 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 52 min ago	11.17 bp	61.9 bp −$62	214.9 bp −$2,149	doesn't fit	doesn't fit
Sell Gate live order book, 62 min ago	7.01 bp	55.6 bp −$56	doesn't fit	doesn't fit	doesn't fit

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 −0.1723% / S +0.0247%	1h	0.2851	−0.139%	$10K	—	50x	as long as short
Phoenix MET	−0.0112%	1h	0.2848	−0.245%	$15K	$13K	5x	as long as short
BloFin MET-USDT	+0.0098%	4h	0.2851	−0.140%	$295K	$83K	50x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2852	−0.116%	$4.3M	$1.3M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2850	−0.174%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2850	−0.175%	$5.0M	$11.7M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2850	−0.175%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2851	−0.140%	$1.3M	$3.5M	20x	as long as short
Gate MET_USDTshort	+0.0100%	4h	0.2850	−0.175%	$193K	$190K	50x
MEXC MET_USDT	+0.0100%	4h	0.2849	−0.210%	$1.0M	$280K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2851	−0.140%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2852	−0.105%	$686K	$873K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2843	−0.420%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2850	−0.175%	$2K	$1.6M	20x	as long as short
Lighter METlong	+0.0216%	1h	0.2855	long leg	$249K	$268K	5x
Backpack MET_USDC_PERP	+0.0474%	1h	0.2854	−0.046%	$332K	$262K	5x	as long as short