Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against Bybit−0.029%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.029%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.062% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METISUSDT | 3.4780 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $693K | $596K | 20x |
| Short | BingX METIS-USDT | 3.4770 | 0.0100 | get 0.0050% / 4h | 3h 10m | — | $2.4M | — |
Bybit METISUSDT
BingX METIS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: −0.029% → −0.090%
- $6.17
- Slippage, 4 orders
- −$258.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$273.63
- Costs to cover
- 2.798%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 39 min ago; BingX: live order book, 8 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 Bybit live order book, 39 min ago | 7.14 bp | 113.6 bp −$114 | 509.4 bp −$5,094 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 10.03 bp | 35.1 bp −$35 | 102.8 bp −$1,028 | 748.5 bp −$74.8K | 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 | −7.706% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.4750 | −0.086% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4750 | −0.086% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDTlong | +0.0100% | 4h | 3.4780 | long leg | $693K | $596K | 20x | |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.4770 | −0.029% | $384K | $985K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.4800 | +0.058% | $143K | $139K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.4760 | −0.058% | $692K | $239K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.4730 | −0.144% | $214K | $454K | 50x | as long as short |
| BingX METIS-USDTshort | +0.0100% | 4h | 3.4770 | −0.029% | — | $2.4M | — | |
| Variational Omni METIS | +0.0100% | 4h | 3.4889 | +0.312% | $33K | $34K | — | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METISShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | +0.0185% | 1h | 3.4704 | −0.218% | $2K | $3K | 10x | as long as short |
| KuCoin METISUSDTM | +0.0966% | 4h | 3.4870 | +0.259% | $628K | $193K | 30x | as long as short |
Kraken Futures PF_METISUSD
KuCoin METISUSDTM