Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Gate against OKX0.000%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2862.859% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.027% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX METIS-USDT-SWAP | 3.5300 | 0.0100 | pay 0.0050% / 4h | 51m 25s | $393K | $971K | 10x |
| Short | Gate METIS_USDT | 3.5300 | 0.0100 | get 0.0050% / 4h | 51m 25s | $152K | $138K | 50x |
OKX METIS-USDT-SWAP
Gate METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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: 0.000% → +0.027%
- −$2.69
- Slippage, 4 orders
- −$260.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$288.6
- Costs to cover
- 2.859%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 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 OKX live order book, 60 min ago | 9.89 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 15.55 bp | 131.0 bp −$131 | 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 | −9.065% | — | $40K | 5.5x | as long as short |
| Kraken Futures PF_METISUSD | +0.0090% | 1h | 3.5274 | −0.074% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5370 | +0.197% | $12K | $21K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5256 | −0.126% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5330 | +0.085% | $696K | $587K | 20x | as long as short |
| OKX METIS-USDT-SWAPlong | +0.0100% | 4h | 3.5300 | long leg | $393K | $971K | 10x | |
| Gate METIS_USDTshort | +0.0100% | 4h | 3.5300 | 0.000% | $152K | $138K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5270 | −0.085% | $654K | $226K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5350 | +0.142% | $208K | $431K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5484 | +0.522% | $33K | $33K | — | as long as short |
Injective METIS/USDC PERP
Kraken Futures PF_METISUSD
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METISShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0134% | 4h | 3.5330 | +0.085% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0846% | 4h | 3.5380 | +0.227% | $634K | $195K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM