Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Gate against Injective+9.969%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 9.969% dearer against Injective than usual: you sell high and buy low: +$997 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective METIS/USDC PERP | 3.2100 | 0.0033 | pay 0.0004% / 1h | 30m 54s | — | $40K | 5.5x |
| Short | Gate METIS_USDT | 3.5300 | 0.0100 | get 0.0050% / 4h | 2h 30m | $154K | $142K | 50x |
Injective METIS/USDC PERP
Gate METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $14
- Price spread: +9.969% → 0.000%
- $996.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $995.86
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 30 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 30 min ago | 15.56 bp | 95.2 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | +0.0033% | 1h | 3.2100 | long leg | — | $40K | 5.5x | |
| Aster METISUSDT | +0.0100% | 4h | 3.5367 | +10.179% | $11K | $22K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5442 | +10.410% | $2.2M | $4.6M | 50x | as long as short |
| Gate METIS_USDTshort | +0.0100% | 4h | 3.5300 | +9.969% | $154K | $142K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5430 | +10.374% | $656K | $245K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5410 | +10.312% | $216K | $452K | 50x | as long as short |
| Kraken Futures PF_METISUSD | +0.0253% | 1h | 3.5468 | +10.494% | $2K | $7K | 10x | as long as short |
| Variational Omni METIS | +0.0401% | 4h | 3.5499 | +10.590% | $41K | $26K | — | as long as short |
| KuCoin METISUSDTM | +0.0408% | 4h | 3.5530 | +10.685% | $636K | $220K | 30x | as long as short |
| OKX METIS-USDT-SWAP | +0.0452% | 4h | 3.5450 | +10.436% | $399K | $1.1M | 10x | as long as short |
Aster METISUSDT
Binance METISUSDT
MEXC METIS_USDT
Bitget METISUSDT
Kraken Futures PF_METISUSD
Variational Omni METIS
KuCoin METISUSDTM
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0954% | 4h | 3.5440 | +10.405% | — | $2.4M | — | as long as short |
| Bybit METISUSDT | +0.0987% | 4h | 3.5500 | +10.592% | $713K | $633K | 20x | as long as short |
BingX METIS-USDT
Bybit METISUSDT