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 MEXC+0.086%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.215% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.086%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.022% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC METIS_USDT | 3.4710 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $680K | $232K | 50x |
| Short | OKX METIS-USDT-SWAP | 3.4740 | 0.0100 | get 0.0050% / 4h | 2h 51m | $386K | $976K | 10x |
MEXC METIS_USDT
OKX METIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.086% → +0.065%
- $2.17
- Slippage, 4 orders
- −$107.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$119.29
- Costs to cover
- 1.215%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; OKX: live order book, 50 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, 54 min ago | 2.86 bp | 14.6 bp −$15 | 65.8 bp −$658 | 220.4 bp −$22.0K | 499.6 bp −$249.8K |
| Sell OKX live order book, 50 min ago | 8.62 bp | 50.5 bp −$50 | 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 | −7.519% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.4610 | −0.289% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4700 | −0.029% | $2.1M | $4.2M | 50x | as long as short |
| OKX METIS-USDT-SWAPshort | +0.0100% | 4h | 3.4740 | +0.086% | $386K | $976K | 10x | |
| Gate METIS_USDT | +0.0100% | 4h | 3.4660 | −0.144% | $142K | $138K | 50x | as long as short |
| MEXC METIS_USDTlong | +0.0100% | 4h | 3.4710 | long leg | $680K | $232K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.4680 | −0.086% | $211K | $441K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.4710 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.4749 | +0.112% | $33K | $34K | — | as long as short |
| Bybit METISUSDT | +0.0521% | 4h | 3.4730 | +0.058% | $692K | $585K | 20x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
Gate METIS_USDT
Bitget METISUSDT
BingX METIS-USDT
Variational Omni METIS
Bybit METISUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | +0.0760% | 1h | 3.4714 | +0.012% | $2K | $2K | 10x | as long as short |
| KuCoin METISUSDTM | +0.1066% | 4h | 3.4810 | +0.288% | $629K | $187K | 30x | as long as short |
Kraken Futures PF_METISUSD
KuCoin METISUSDTM