MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.034%

Price spread now: Hyperliquid against Lighter−0.116%7-day average −0.122% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.116%, 7d avg −0.122%

Together, before fees−0.051%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.122%, 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	0.2856	0.0208	pay 0.0026% / 1h	10m 36s	$249K	$268K	5x
Short	Hyperliquid MET	0.2853	0.0100	get 0.0013% / 1h	10m 36s	$4.3M	$1.3M	3x

Funding history

latest

Range statsloading…

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.116%Rate

Slippage unknown: Lighter: live order book, 50 min ago; Hyperliquid: live order book, 1 min ago. Net counts fees only.

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, 50 min ago	11.17 bp	61.9 bp −$62	214.9 bp −$2,149	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 1 min ago	1.40 bp	doesn't fit	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	0.2847	−0.298%	$10K	—	50x	as long as short
Phoenix MET	−0.0112%	1h	0.2848	−0.273%	$15K	$13K	5x	as long as short
Hyperliquid METshort	+0.0100%	1h	0.2853	−0.116%	$4.3M	$1.3M	3x
Aster METUSDT	+0.0100%	4h	0.2851	−0.181%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2850	−0.191%	$5.0M	$11.7M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2852	−0.133%	$5.0M	$3.0M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2854	−0.063%	$1.3M	$3.5M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2850	−0.203%	$193K	$190K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2852	−0.133%	$1.0M	$280K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2852	−0.133%	$1.3M	$2.5M	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	0.2852	−0.133%	$686K	$873K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2843	−0.448%	$36K	$116K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2847	−0.308%	$2K	$1.6M	20x	as long as short
BloFin MET-USDT	+0.0147%	4h	0.2846	−0.343%	$294K	$83K	50x	as long as short
Lighter METlong	+0.0208%	1h	0.2856	long leg	$249K	$268K	5x
Backpack MET_USDC_PERP	+0.0453%	1h	0.2850	−0.200%	$332K	$262K	5x	as long as short