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: MEXC against Binance−0.028%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now −0.028%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance METISUSDT | 3.5110 | 0.0100 | pay 0.0050% / 4h | 46m 07s | $2.2M | $4.3M | 50x |
| Short | MEXC METIS_USDT | 3.5100 | 0.0100 | get 0.0050% / 4h | 46m 07s | $650K | $227K | 50x |
Binance METISUSDT
MEXC METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.028% → −0.014%
- −$1.45
- Slippage, 4 orders
- −$61.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.27
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 4.26 bp | 24.2 bp −$24 | 152.2 bp −$1,522 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 4.28 bp | 12.2 bp −$12 | 69.6 bp −$696 | 237.7 bp −$23.8K | 580.7 bp −$290.4K |
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 | −8.573% | — | $40K | 5.5x | as long as short |
| Kraken Futures PF_METISUSD | +0.0090% | 1h | 3.5163 | +0.151% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5032 | −0.222% | $12K | $24K | 5x | as long as short |
| Binance METISUSDTlong | +0.0100% | 4h | 3.5110 | long leg | $2.2M | $4.3M | 50x | |
| Bybit METISUSDT | +0.0100% | 4h | 3.5140 | +0.085% | $695K | $592K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5150 | +0.114% | $392K | $976K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5000 | −0.313% | $151K | $140K | 50x | as long as short |
| MEXC METIS_USDTshort | +0.0100% | 4h | 3.5100 | −0.028% | $650K | $227K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5030 | −0.228% | $212K | $443K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.5070 | −0.114% | — | $2.4M | — | as long as short |
Injective METIS/USDC PERP
Kraken Futures PF_METISUSD
Aster METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
Bitget METISUSDT
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni METIS | +0.0100% | 4h | 3.5148 | +0.110% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0864% | 4h | 3.5160 | +0.142% | $628K | $196K | 30x | as long as short |
Variational Omni METIS
KuCoin METISUSDTM