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: Gate against MEXC−0.057%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1981.981% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.057%, 7d avg +0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.145% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC METIS_USDT | 3.5020 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $683K | $230K | 50x |
| Short | Gate METIS_USDT | 3.5000 | 0.0100 | get 0.0050% / 4h | 1h 37m | $147K | $121K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.057% → +0.088%
- −$14.54
- Slippage, 4 orders
- −$179.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$212.67
- Costs to cover
- 1.981%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 63 min ago; Gate: live order book, 64 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, 63 min ago | 4.36 bp | 10.7 bp −$11 | 41.9 bp −$419 | 221.9 bp −$22.2K | 531.7 bp −$265.8K |
| Sell Gate live order book, 64 min ago | 10.17 bp | 98.7 bp −$99 | 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 | −8.338% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5017 | −0.007% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5020 | 0.000% | $2.1M | $4.0M | 50x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5000 | −0.057% | $393K | $973K | 10x | as long as short |
| Gate METIS_USDTshort | +0.0100% | 4h | 3.5000 | −0.057% | $147K | $121K | 50x | |
| MEXC METIS_USDTlong | +0.0100% | 4h | 3.5020 | long leg | $683K | $230K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5020 | 0.000% | $206K | $421K | 50x | as long as short |
| Variational Omni METIS | +0.0175% | 4h | 3.5039 | +0.054% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0570% | 4h | 3.5020 | 0.000% | $601K | $147K | 30x | as long as short |
| Kraken Futures PF_METISUSD | +0.0780% | 1h | 3.5068 | +0.136% | $2K | $2K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit METISUSDT | +0.0833% | 4h | 3.5080 | +0.171% | $694K | $569K | 20x | as long as short |
| BingX METIS-USDT | +0.0842% | 4h | 3.5030 | +0.029% | — | $2.4M | — | as long as short |
MEXC METIS_USDT
Gate METIS_USDT
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
Bitget METISUSDT
Variational Omni METIS
KuCoin METISUSDTM
Kraken Futures PF_METISUSD
Bybit METISUSDT
BingX METIS-USDT