Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.141%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.141%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.102% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance METISUSDT | 3.5400 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $2.2M | $4.7M | 50x |
| Short | Bitget METISUSDT | 3.5450 | 0.0100 | get 0.0050% / 4h | 3h 18m | $223K | $459K | 50x |
Binance METISUSDT
Bitget METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.141% → +0.039%
- $10.22
- Slippage, 4 orders
- −$88.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$100.5
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 51 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 Binance live order book, 4 min ago | 2.81 bp | 27.3 bp −$27 | 194.1 bp −$1,941 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 51 min ago | 7.03 bp | 32.5 bp −$32 | 190.9 bp −$1,909 | doesn't fit | doesn't fit |
METIS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −9.322% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5524 | +0.351% | $11K | $28K | 5x | as long as short |
| Binance METISUSDTlong | +0.0100% | 4h | 3.5400 | long leg | $2.2M | $4.7M | 50x | |
| Bybit METISUSDT | +0.0100% | 4h | 3.5550 | +0.424% | $710K | $650K | 20x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5500 | +0.282% | $152K | $164K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5410 | +0.028% | $693K | $254K | 50x | as long as short |
| KuCoin METISUSDTM | +0.0100% | 4h | 3.5560 | +0.452% | $637K | $232K | 30x | as long as short |
| Bitget METISUSDTshort | +0.0100% | 4h | 3.5450 | +0.141% | $223K | $459K | 50x | |
| Variational Omni METIS | +0.0100% | 4h | 3.5589 | +0.534% | $41K | $26K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0105% | 4h | 3.5500 | +0.282% | $398K | $1.1M | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Bybit METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
KuCoin METISUSDTM
Variational Omni METIS
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0114% | 4h | 3.5520 | +0.339% | — | $2.4M | — | as long as short |
| Kraken Futures PF_METISUSD | +0.0739% | 1h | 3.5519 | +0.337% | $2K | $7K | 10x | as long as short |
BingX METIS-USDT
Kraken Futures PF_METISUSD