Funding arb · Price arb /

MET

all MET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against SunX−0.070%7-day average −0.152% · you buy dearer than you sell

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

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.505%−$50 · spread now −0.070%, 7d avg −0.152%

Together, before fees−0.505%−$50 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.082% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.152%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MET-USDT	0.2845	0.0100	pay 0.0050% / 4h	3h 12m	$1K	$1.6M	20x
Short	ApeX Omni METUSDT	0.2843	0.0100	get 0.0013% / 1h	12m 59s	$36K	$117K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.152%: $8.15
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$9.85
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; ApeX Omni: live order book, 58 min ago. Net counts fees only.

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 SunX live order book, 12 min ago	502.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	28.08 bp	297.5 bp −$298	doesn't fit	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 −0.1723% / S +0.0247%	1h	0.2843	−0.071%	$10K	—	50x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2841	−0.144%	$4.1M	$1.5M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2844	−0.047%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2842	−0.113%	$4.9M	$11.9M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2842	−0.105%	$4.9M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2843	−0.070%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2844	−0.035%	$193K	$186K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2842	−0.105%	$989K	$284K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2844	−0.035%	$1.3M	$2.5M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2845	0.000%	$681K	$867K	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni METUSDTshort	+0.0100%	1h	0.2843	−0.070%	$36K	$117K	50x
SunX MET-USDTlong	+0.0100%	4h	0.2845	long leg	$1K	$1.6M	20x
BloFin MET-USDT	+0.0124%	4h	0.2847	+0.070%	$293K	$87K	50x	as long as short
Phoenix MET	+0.0197%	1h	0.2850	+0.165%	$15K	$15K	5x	as long as short
Lighter MET	+0.0344%	1h	0.2848	+0.102%	$254K	$280K	5x	as long as short
Backpack MET_USDC_PERP	+0.0632%	1h	0.2845	−0.011%	$331K	$264K	5x	as long as short