Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Bitget−0.339%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.370%+$37 · spread now −0.339%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.355% cheaper against Bitget than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METISUSDT | 3.5350 | 0.0100 | pay 0.0050% / 4h | 50m 42s | $208K | $431K | 50x |
| Short | OKX METIS-USDT-SWAP | 3.5230 | 0.0100 | get 0.0050% / 4h | 50m 42s | $392K | $969K | 10x |
Bitget METISUSDT
OKX METIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.339% → +0.016%
- −$35.54
- Slippage, 4 orders
- −$144.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$202.15
- Costs to cover
- 1.666%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 61 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, 4 min ago | 9.89 bp | 56.4 bp −$56 | 301.5 bp −$3,015 | doesn't fit | doesn't fit |
| Sell OKX live order book, 61 min ago | 9.89 bp | 45.6 bp −$46 | 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 | −9.194% | — | $40K | 5.5x | as long as short |
| Kraken Futures PF_METISUSD | +0.0090% | 1h | 3.5278 | −0.203% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5368 | +0.052% | $12K | $21K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5259 | −0.258% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5330 | −0.057% | $696K | $587K | 20x | as long as short |
| OKX METIS-USDT-SWAPshort | +0.0100% | 4h | 3.5230 | −0.339% | $392K | $969K | 10x | |
| Gate METIS_USDT | +0.0100% | 4h | 3.5300 | −0.141% | $152K | $138K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5250 | −0.283% | $654K | $226K | 50x | as long as short |
| Bitget METISUSDTlong | +0.0100% | 4h | 3.5350 | long leg | $208K | $431K | 50x | |
| Variational Omni METIS | +0.0100% | 4h | 3.5319 | −0.088% | $33K | $34K | — | as long as short |
Injective METIS/USDC PERP
Kraken Futures PF_METISUSD
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
Variational Omni METISShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0116% | 4h | 3.5330 | −0.057% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0846% | 4h | 3.5350 | 0.000% | $635K | $195K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM