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: Binance against MEXC−0.028%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.853% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.028%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC METIS_USDT | 3.5120 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $709K | $234K | 50x |
| Short | Binance METISUSDT | 3.5110 | 0.0100 | get 0.0050% / 4h | 3h 54m | $2.1M | $4.3M | 50x |
MEXC METIS_USDT
Binance METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.028% → +0.014%
- −$4.24
- Slippage, 4 orders
- −$71.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.5
- Costs to cover
- 0.853%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; Binance: live order book, 12 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 MEXC live order book, 55 min ago | 4.28 bp | 11.3 bp −$11 | 57.0 bp −$570 | 216.6 bp −$21.7K | 546.5 bp −$273.2K |
| Sell Binance live order book, 12 min ago | 2.86 bp | 33.7 bp −$34 | 194.3 bp −$1,943 | 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 | −8.599% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5094 | −0.075% | $11K | $25K | 5x | as long as short |
| Binance METISUSDTshort | +0.0100% | 4h | 3.5110 | −0.028% | $2.1M | $4.3M | 50x | |
| Bybit METISUSDT | +0.0100% | 4h | 3.5160 | +0.114% | $693K | $591K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5120 | 0.000% | $387K | $994K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5100 | −0.057% | $152K | $130K | 50x | as long as short |
| MEXC METIS_USDTlong | +0.0100% | 4h | 3.5120 | long leg | $709K | $234K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5110 | −0.028% | $208K | $451K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5069 | −0.146% | $33K | $34K | — | as long as short |
| Kraken Futures PF_METISUSD | +0.0183% | 1h | 3.5119 | −0.001% | $2K | $3K | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
Bitget METISUSDT
Variational Omni METIS
Kraken Futures PF_METISUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METISUSDTM | +0.0950% | 4h | 3.5180 | +0.171% | $629K | $194K | 30x | as long as short |
| BingX METIS-USDT | +0.1460% | 4h | 3.5100 | −0.057% | — | $2.4M | — | as long as short |
KuCoin METISUSDTM
BingX METIS-USDT