Settings8H · net · $10k
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Funding arb · Price arb / Crypto

METIS

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotMETISUSDT
2.5950spotno funding——$573K1xBuy Binance Spot
SHORT
BinanceMETISUSDT
2.5970+0.0100get 0.0050% / 4h2h 04m$1.7M$2.1M50xShort Binance
Price gap+0.077%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.131% above its 7d average: +$13 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$9+0.0100% /8h now · paid +0.095% over the last 7D
Price+$13spread +0.077% now, avg −0.054% → +0.131% if it goes back
Costs−$1811.814% of $10k · taker + slippage, in and out
Result−$159−1.59%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.077%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

METIS on 10 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size46.8 / 28.5 bp
    At $10k entering Binance Spot costs 46.8 bp, fee and slippage, 1.6× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.077% vs −0.054%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.7M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0045%/8h × 21 periods+$9.47
Price spread+0.077% → −0.054% (7d avg)+$13.07
Slippage, 4 orderslive order books−$151.37
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$158.82
Costs to cover1.814%Break-even124.4 days
Slippage: Binance Spot: live order book, 69 min ago; Binance: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot19.1946.8 bp−$473115.5 bp−$31.2Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.9328.5 bp−$29137.1 bp−$1,371doesn’t fitdoesn’t fit

Closing costs about the same again.

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