Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Gate+0.203%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2392.395% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.203%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.225% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate METIS_USDT | 3.4540 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $141K | $138K | 50x |
| Short | OKX METIS-USDT-SWAP | 3.4610 | 0.0100 | get 0.0050% / 4h | 2h 20m | $383K | $951K | 10x |
Gate METIS_USDT
OKX METIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.203% → −0.023%
- $22.53
- Slippage, 4 orders
- −$214.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$216.95
- Costs to cover
- 2.395%
- Break-even
- never at this rate
Slippage from Gate: live order book, 20 min ago; OKX: live order book, 16 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, 20 min ago | 10.17 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 16 min ago | 7.22 bp | 36.2 bp −$36 | 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 | −7.064% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.4570 | +0.087% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4601 | +0.176% | $2.1M | $4.0M | 50x | as long as short |
| OKX METIS-USDT-SWAPshort | +0.0100% | 4h | 3.4610 | +0.203% | $383K | $951K | 10x | |
| Gate METIS_USDTlong | +0.0100% | 4h | 3.4540 | long leg | $141K | $138K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.4570 | +0.087% | $674K | $234K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.4600 | +0.174% | $197K | $427K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.4669 | +0.373% | $32K | $34K | — | as long as short |
| BingX METIS-USDT | +0.0692% | 4h | 3.4610 | +0.203% | — | $2.4M | — | as long as short |
| Kraken Futures PF_METISUSD | +0.0763% | 1h | 3.4579 | +0.114% | $2K | $2K | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METIS
BingX METIS-USDT
Kraken Futures PF_METISUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.0984% | 4h | 3.4650 | +0.318% | $692K | $578K | 20x | as long as short |
| KuCoin METISUSDTM | +0.1004% | 4h | 3.4570 | +0.087% | $594K | $190K | 30x | as long as short |
Bybit METISUSDT
KuCoin METISUSDTM