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: Binance against Bitget+0.052%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.052%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% dearer against Bitget than usual: you sell high and buy low, +$9 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 | Bitget METISUSDT | 3.5410 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $216K | $452K | 50x |
| Short | Binance METISUSDT | 3.5428 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.2M | $4.6M | 50x |
Bitget METISUSDT
Binance METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.052% → −0.037%
- $8.89
- Slippage, 4 orders
- −$94.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.87
- Costs to cover
- 1.168%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 33 min ago; Binance: live order book, 6 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 Bitget live order book, 33 min ago | 7.00 bp | 26.3 bp −$26 | 219.2 bp −$2,192 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.83 bp | 28.6 bp −$29 | 129.3 bp −$1,293 | 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 | −9.348% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5368 | −0.118% | $11K | $22K | 5x | as long as short |
| Binance METISUSDTshort | +0.0100% | 4h | 3.5428 | +0.052% | $2.2M | $4.6M | 50x | |
| Gate METIS_USDT | +0.0100% | 4h | 3.5300 | −0.311% | $154K | $142K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5400 | −0.028% | $656K | $244K | 50x | as long as short |
| Bitget METISUSDTlong | +0.0100% | 4h | 3.5410 | long leg | $216K | $452K | 50x | |
| Kraken Futures PF_METISUSD | +0.0253% | 1h | 3.5461 | +0.144% | $2K | $7K | 10x | as long as short |
| Variational Omni METIS | +0.0400% | 4h | 3.5509 | +0.281% | $41K | $26K | — | as long as short |
| KuCoin METISUSDTM | +0.0408% | 4h | 3.5520 | +0.311% | $636K | $220K | 30x | as long as short |
| OKX METIS-USDT-SWAP | +0.0452% | 4h | 3.5450 | +0.113% | $399K | $1.1M | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
Kraken Futures PF_METISUSD
Variational Omni METIS
KuCoin METISUSDTM
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0954% | 4h | 3.5440 | +0.085% | — | $2.4M | — | as long as short |
| Bybit METISUSDT | +0.0987% | 4h | 3.5490 | +0.226% | $713K | $633K | 20x | as long as short |
BingX METIS-USDT
Bybit METISUSDT