MET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against OKX−0.286%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$880.878% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 4 days (all we have)+1.303%+$130 · spread now −0.286%, 7d avg +0.011%

Together, before fees+1.268%+$127 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 BloFin is 0.297% cheaper against OKX than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MET-USDT-SWAP	0.2797	0.0100	pay 0.0050% / 4h	3h 55m	$1.2M	$3.3M	20x
Short	BloFin MET-USDT	0.2789	0.0065	get 0.0032% / 4h	3h 55m	$285K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.286%Rate

Funding earned: −$7.45
Price spread: −0.286% → +0.011%: −$29.68
Slippage, 4 orders: −$65.77
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$124.9
Costs to cover: 0.878%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 39 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 OKX live order book, 2 min ago	5.38 bp	26.0 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 39 min ago	1.80 bp	22.5 bp −$23	51.0 bp −$510	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	0.2795	−0.084%	$4K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2790	−0.265%	$14K	$15K	5x	as long as short
BloFin MET-USDTshort	+0.0065%	4h	0.2789	−0.286%	$285K	$89K	50x
Lighter MET	+0.0096%	1h	0.2795	−0.082%	$169K	$423K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2797	−0.014%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2793	−0.134%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2795	−0.064%	$4.8M	$12.1M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2792	−0.175%	$4.8M	$3.1M	25x	as long as short
OKX MET-USDT-SWAPlong	+0.0100%	4h	0.2797	long leg	$1.2M	$3.3M	20x
Gate MET_USDT	+0.0100%	4h	0.2790	−0.250%	$178K	$167K	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	0.2794	−0.107%	$939K	$279K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2796	−0.036%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2798	+0.036%	$660K	$868K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2785	−0.429%	$36K	$118K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2794	−0.107%	$2K	$1.6M	20x	as long as short
Backpack MET_USDC_PERP	+0.0428%	1h	0.2798	+0.043%	$319K	$308K	5x	as long as short