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: Gate against Binance−0.048%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1951.950% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.048%, 7d avg +0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.125% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance METISUSDT | 3.5557 | 0.0100 | pay 0.0050% / 4h | 8m 45s | $2.2M | $5.0M | 50x |
| Short | Gate METIS_USDT | 3.5540 | 0.0100 | get 0.0050% / 4h | 8m 45s | $158K | $171K | 50x |
Binance METISUSDT
Gate METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.048% → +0.077%
- −$12.47
- Slippage, 4 orders
- −$169.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$207.43
- Costs to cover
- 1.950%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 62 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, 14 min ago | 1.41 bp | 19.1 bp −$19 | 167.6 bp −$1,676 | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 14.13 bp | 78.7 bp −$79 | doesn't fit | 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 | −9.723% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5491 | −0.185% | $12K | $61K | 5x | as long as short |
| Binance METISUSDTlong | +0.0100% | 4h | 3.5557 | long leg | $2.2M | $5.0M | 50x | |
| Gate METIS_USDTshort | +0.0100% | 4h | 3.5540 | −0.048% | $158K | $171K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5550 | −0.020% | $686K | $277K | 50x | as long as short |
| KuCoin METISUSDTM | +0.0100% | 4h | 3.5610 | +0.149% | $632K | $257K | 30x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5570 | +0.036% | $224K | $483K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.5560 | +0.008% | — | $2.4M | — | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5590 | +0.092% | $40K | $26K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0125% | 4h | 3.5600 | +0.121% | $393K | $1.2M | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
MEXC METIS_USDT
KuCoin METISUSDTM
Bitget METISUSDT
BingX METIS-USDT
Variational Omni METIS
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.0250% | 4h | 3.5610 | +0.149% | $711K | $693K | 20x | as long as short |
| Kraken Futures PF_METISUSD | +0.1005% | 1h | 3.5576 | +0.052% | $2K | $8K | 10x | as long as short |
Bybit METISUSDT
Kraken Futures PF_METISUSD