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: MEXC against Gate−0.142%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2282.277% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.142%, 7d avg −0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.047% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate METIS_USDT | 3.5300 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $152K | $139K | 50x |
| Short | MEXC METIS_USDT | 3.5250 | 0.0100 | get 0.0050% / 4h | 1h 40m | $653K | $236K | 50x |
Gate METIS_USDT
MEXC METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.142% → −0.095%
- −$4.71
- Slippage, 4 orders
- −$208.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$232.46
- Costs to cover
- 2.277%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; MEXC: live order book, 14 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, 15 min ago | 15.55 bp | 71.0 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 2.83 bp | 13.4 bp −$13 | 57.7 bp −$577 | 236.9 bp −$23.7K | 528.8 bp −$264.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | −0.0014% | 1h | 3.5331 | +0.087% | $2K | $5K | 10x | as long as short |
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −9.065% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5288 | −0.034% | $12K | $22K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5284 | −0.046% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5380 | +0.227% | $698K | $589K | 20x | as long as short |
| Gate METIS_USDTlong | +0.0100% | 4h | 3.5300 | long leg | $152K | $139K | 50x | |
| MEXC METIS_USDTshort | +0.0100% | 4h | 3.5250 | −0.142% | $653K | $236K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5260 | −0.113% | $218K | $436K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5348 | +0.136% | $33K | $33K | — | as long as short |
| BingX METIS-USDT | +0.0186% | 4h | 3.5320 | +0.057% | — | $2.4M | — | as long as short |
Kraken Futures PF_METISUSD
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
Bitget METISUSDT
Variational Omni METIS
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX METIS-USDT-SWAP | +0.0194% | 4h | 3.5270 | −0.085% | $395K | $989K | 10x | as long as short |
| KuCoin METISUSDTM | +0.0436% | 4h | 3.5390 | +0.255% | $634K | $199K | 30x | as long as short |
OKX METIS-USDT-SWAP
KuCoin METISUSDTM