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: Gate against Bitget−0.171%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$317as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3183.175% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.171%, 7d avg +0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.214% cheaper against Bitget than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METISUSDT | 3.5010 | 0.0100 | pay 0.0050% / 4h | 4m 52s | $207K | $448K | 50x |
| Short | Gate METIS_USDT | 3.4950 | 0.0100 | get 0.0050% / 4h | 4m 52s | $151K | $141K | 50x |
Bitget METISUSDT
Gate METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.171% → +0.043%
- −$21.43
- Slippage, 4 orders
- −$290.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$338.96
- Costs to cover
- 3.175%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 50 min ago; Gate: live order book, 46 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, 50 min ago | 9.89 bp | 56.4 bp −$56 | 301.5 bp −$3,015 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 12.78 bp | 165.8 bp −$166 | 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 | −8.312% | — | $40K | 5.5x | as long as short |
| Kraken Futures PF_METISUSD | +0.0090% | 1h | 3.5056 | +0.132% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5010 | 0.000% | $12K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5040 | +0.086% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5040 | +0.086% | $691K | $591K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5040 | +0.086% | $393K | $975K | 10x | as long as short |
| Gate METIS_USDTshort | +0.0100% | 4h | 3.4950 | −0.171% | $151K | $141K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5050 | +0.114% | $708K | $240K | 50x | as long as short |
| Bitget METISUSDTlong | +0.0100% | 4h | 3.5010 | long leg | $207K | $448K | 50x | |
| BingX METIS-USDT | +0.0100% | 4h | 3.5010 | 0.000% | — | $2.4M | — | as long as short |
Injective METIS/USDC PERP
Kraken Futures PF_METISUSD
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
MEXC METIS_USDT
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 | 3.5059 | +0.140% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0930% | 4h | 3.5130 | +0.343% | $628K | $194K | 30x | as long as short |
Variational Omni METIS
KuCoin METISUSDTM