Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective+10.717%100s7-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 MEXC is 10.717% dearer against Injective than usual: you sell high and buy low: +$1,072 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 23m 37s | — | $40K | 5.5x |
| Short | MEXC METIS_USDT | 3.5540 | 0.0100 | get 0.0050% / 4h | 2h 23m | $658K | $245K | 50x |
Injective METIS/USDC PERP
MEXC METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +10.717% → 0.000%
- $1,071.65
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1,081.63
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 37 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 MEXC live order book, 37 min ago | 4.25 bp | 14.8 bp −$15 | 51.3 bp −$513 | 202.2 bp −$20.2K | 534.5 bp −$267.2K |
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 | 3.5602 | +10.910% | $12K | $22K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5550 | +10.748% | $2.2M | $4.7M | 50x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5640 | +11.028% | $156K | $142K | 50x | as long as short |
| MEXC METIS_USDTshort | +0.0100% | 4h | 3.5540 | +10.717% | $658K | $245K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5520 | +10.654% | $227K | $463K | 50x | as long as short |
| Kraken Futures PF_METISUSD | +0.0252% | 1h | 3.5570 | +10.809% | $2K | $7K | 10x | as long as short |
| Variational Omni METIS | +0.0443% | 4h | 3.5739 | +11.337% | $41K | $26K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0491% | 4h | 3.5560 | +10.779% | $401K | $1.1M | 10x | as long as short |
| KuCoin METISUSDTM | +0.0516% | 4h | 3.5690 | +11.184% | $639K | $220K | 30x | as long as short |
Aster METISUSDT
Binance METISUSDT
Gate METIS_USDT
Bitget METISUSDT
Kraken Futures PF_METISUSD
Variational Omni METIS
OKX METIS-USDT-SWAP
KuCoin METISUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.0944% | 4h | 3.5630 | +10.997% | $706K | $642K | 20x | as long as short |
| BingX METIS-USDT | +0.1006% | 4h | 3.5580 | +10.841% | — | $2.4M | — | as long as short |
Bybit METISUSDT
BingX METIS-USDT