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: Bybit against Bitget+0.226%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2332.327% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.226%, 7d avg +0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.121% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METISUSDT | 3.5380 | 0.0100 | pay 0.0050% / 4h | 59m 18s | $224K | $526K | 50x |
| Short | Bybit METISUSDT | 3.5460 | 0.0100 | get 0.0050% / 4h | 59m 18s | $716K | $794K | 20x |
Bitget METISUSDT
Bybit METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.226% → +0.105%
- $12.14
- Slippage, 4 orders
- −$209.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$220.54
- Costs to cover
- 2.327%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 16 min ago; Bybit: live order book, 16 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, 16 min ago | 7.08 bp | 25.8 bp −$26 | 308.1 bp −$3,081 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 16 min ago | 8.48 bp | 109.3 bp −$109 | 483.6 bp −$4,836 | 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 | −9.271% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5362 | −0.052% | $12K | $61K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5371 | −0.024% | $2.2M | $5.8M | 50x | as long as short |
| Bybit METISUSDTshort | +0.0100% | 4h | 3.5460 | +0.226% | $716K | $794K | 20x | |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5440 | +0.170% | $387K | $1.4M | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5420 | +0.113% | $159K | $170K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5380 | 0.000% | $670K | $272K | 50x | as long as short |
| KuCoin METISUSDTM | +0.0100% | 4h | 3.5450 | +0.198% | $630K | $292K | 30x | as long as short |
| Bitget METISUSDTlong | +0.0100% | 4h | 3.5380 | long leg | $224K | $526K | 50x | |
| BingX METIS-USDT | +0.0100% | 4h | 3.5440 | +0.170% | — | $2.4M | — | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
KuCoin METISUSDTM
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 | 3.5445 | +0.184% | $40K | $26K | — | as long as short |
| Kraken Futures PF_METISUSD | +0.1009% | 1h | 3.5425 | +0.128% | $2K | $9K | 10x | as long as short |
Variational Omni METIS
Kraken Futures PF_METISUSD