Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.057%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2222.215% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.057%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.097% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate METIS_USDT | 3.4990 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $147K | $121K | 50x |
| Short | Bitget METISUSDT | 3.5010 | 0.0100 | get 0.0050% / 4h | 1h 50m | $206K | $425K | 50x |
Gate METIS_USDT
Bitget METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.057% → −0.039%
- $9.65
- Slippage, 4 orders
- −$194.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$211.85
- Costs to cover
- 2.215%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; Bitget: live order book, 54 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 Gate live order book, 50 min ago | 10.17 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 5.78 bp | 28.0 bp −$28 | 192.9 bp −$1,929 | 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 | −8.260% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.4983 | −0.019% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4994 | +0.011% | $2.1M | $4.0M | 50x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5030 | +0.114% | $393K | $978K | 10x | as long as short |
| Gate METIS_USDTlong | +0.0100% | 4h | 3.4990 | long leg | $147K | $121K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.4990 | 0.000% | $682K | $229K | 50x | as long as short |
| Bitget METISUSDTshort | +0.0100% | 4h | 3.5010 | +0.057% | $206K | $425K | 50x | |
| Variational Omni METIS | +0.0259% | 4h | 3.5019 | +0.084% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0736% | 4h | 3.5000 | +0.029% | $601K | $174K | 30x | as long as short |
| Kraken Futures PF_METISUSD | +0.0782% | 1h | 3.4980 | −0.029% | $2K | $2K | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
MEXC METIS_USDT
Variational Omni METIS
KuCoin METISUSDTM
Kraken Futures PF_METISUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.1250% | 4h | 3.5010 | +0.057% | $696K | $576K | 20x | as long as short |
| BingX METIS-USDT | +0.1292% | 4h | 3.5020 | +0.086% | — | $2.4M | — | as long as short |
Bybit METISUSDT
BingX METIS-USDT