MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.022%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1021.023% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.022%, 7d avg +0.054%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.076% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MET_USDT	0.2785	0.0100	pay 0.0050% / 4h	28m 02s	$936K	$281K	20x
Short	Bybit METUSDT	0.2784	0.0071	get 0.0035% / 4h	28m 02s	$4.8M	$3.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$6.17
Price spread: −0.022% → +0.054%: −$7.57
Slippage, 4 orders: −$87.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$116.07
Costs to cover: 1.023%
Break-even: never at this rate

Slippage from MEXC: live order book, 33 min ago; Bybit: live order book, 5 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, 33 min ago	1.80 bp	8.1 bp −$8	31.3 bp −$313	232.8 bp −$23.3K	604.1 bp −$302.1K
Sell Bybit live order book, 5 min ago	3.59 bp	40.3 bp −$40	201.3 bp −$2,013	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 −0.0498% / S +0.0175%	1h	0.2785	+0.003%	$4K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2784	−0.032%	$14K	$15K	5x	as long as short
BloFin MET-USDT	+0.0070%	4h	0.2795	+0.359%	$286K	$90K	50x	as long as short
Bybit METUSDTshort	+0.0071%	4h	0.2784	−0.022%	$4.8M	$3.2M	25x
Lighter MET	+0.0096%	1h	0.2785	−0.007%	$168K	$425K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2785	+0.010%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2787	+0.074%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2785	0.000%	$4.8M	$12.2M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2785	0.000%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2785	0.000%	$178K	$172K	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_USDTlong	+0.0100%	4h	0.2785	long leg	$936K	$281K	20x
KuCoin METUSDTM	+0.0100%	4h	0.2787	+0.072%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2788	+0.108%	$652K	$866K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2786	+0.047%	$316K	$309K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2780	−0.180%	$36K	$118K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2784	−0.036%	$1K	$1.6M	20x	as long as short