MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against MEXC−0.288%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+2.432%+$243 · spread now −0.288%, 7d avg +0.013%

Together, before fees+2.446%+$245 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.301% cheaper against MEXC than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of +0.013%). If the spread goes back, that is −$30 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MET_USDT	0.2775	0.0100	pay 0.0050% / 4h	1h 36m	$927K	$281K	20x
Short	BloFin MET-USDT	0.2767	0.0143	get 0.0072% / 4h	1h 36m	$284K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.288%Rate

Funding earned: $9.1
Price spread: −0.288% → +0.013%: −$30.14
Slippage, 4 orders: −$35.89
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$72.94
Costs to cover: 0.519%
Break-even: 63.1 days

Slippage from MEXC: live order book, 29 min ago; BloFin: 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 MEXC live order book, 29 min ago	1.80 bp	8.5 bp −$8	42.7 bp −$427	244.4 bp −$24.4K	873.7 bp −$436.9K
Sell BloFin live order book, 3 min ago	1.80 bp	11.1 bp −$11	48.6 bp −$486	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 −0.0483% / S +0.0171%	1h	0.2775	0.000%	$4K	—	50x	as long as short
Bybit METUSDT	+0.0086%	4h	0.2773	−0.076%	$4.8M	$3.2M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2776	+0.040%	$168K	$422K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2776	+0.036%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2776	+0.027%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2776	+0.030%	$4.8M	$12.2M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2778	+0.108%	$1.2M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2775	0.000%	$179K	$174K	50x	as long as short
MEXC MET_USDTlong	+0.0100%	4h	0.2775	long leg	$927K	$281K	20x
KuCoin METUSDTM	+0.0100%	4h	0.2775	0.000%	$1.3M	$2.6M	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	0.2774	−0.036%	$650K	$890K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2778	+0.115%	$313K	$311K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2771	−0.144%	$35K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2775	0.000%	$2K	$1.6M	20x	as long as short
BloFin MET-USDTshort	+0.0143%	4h	0.2767	−0.288%	$284K	$89K	50x
Phoenix MET	+0.0173%	1h	0.2775	+0.011%	$14K	$15K	5x	as long as short