Funding arb · Price arb /

MET

all MET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against SunX+0.387%7-day average −0.037% · you sell dearer than you buy

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 3 days (all we have)−1.038%−$104 · spread now +0.387%, 7d avg −0.037%

Together, before fees−1.129%−$113 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: MEXC is 0.424% dearer against SunX than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MET-USDT	0.2841	0.0100	pay 0.0050% / 4h	1h 38m	$2K	$1.6M	20x
Short	MEXC MET_USDT	0.2852	0.0100	get 0.0050% / 4h	1h 38m	$980K	$266K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.387%Rate

Funding earned: $0
Price spread: +0.387% → −0.037%: $42.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $30.37
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: SunX: live order book, 7 min ago; MEXC: live order book, 42 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, 7 min ago	500.70 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 42 min ago	1.76 bp	12.2 bp −$12	44.3 bp −$443	224.7 bp −$22.5K	802.3 bp −$401.2K

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	0.2851	+0.355%	$10K	—	50x	as long as short
Phoenix MET	−0.0114%	1h	0.2840	−0.046%	$14K	$13K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2851	+0.334%	$4.3M	$1.3M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2849	+0.286%	$53K	$10K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2851	+0.367%	$5.0M	$11.2M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2848	+0.253%	$4.9M	$2.9M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2850	+0.317%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2849	+0.282%	$194K	$187K	50x	as long as short
MEXC MET_USDTshort	+0.0100%	4h	0.2852	+0.387%	$980K	$266K	20x
KuCoin METUSDTM	+0.0100%	4h	0.2850	+0.317%	$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	+0.387%	$670K	$849K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2840	−0.035%	$37K	$111K	50x	as long as short
SunX MET-USDTlong	+0.0100%	4h	0.2841	long leg	$2K	$1.6M	20x
Lighter MET	+0.0112%	1h	0.2856	+0.517%	$263K	$244K	5x	as long as short
BloFin MET-USDT	+0.0149%	4h	0.2844	+0.106%	$290K	$79K	50x	as long as short
Backpack MET_USDC_PERP	+0.0764%	1h	0.2854	+0.458%	$331K	$257K	5x	as long as short