Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against OKX+0.028%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.028%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.091% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX METIS-USDT-SWAP | 3.5270 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $393K | $973K | 10x |
| Short | MEXC METIS_USDT | 3.5280 | 0.0100 | get 0.0050% / 4h | 3h 46m | $682K | $213K | 50x |
OKX METIS-USDT-SWAP
MEXC METIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.028% → −0.063%
- $9.12
- Slippage, 4 orders
- −$83.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$88.31
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from OKX: live order book, 40 min ago; MEXC: live order book, 44 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, 40 min ago | 9.99 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 2.85 bp | 14.5 bp −$14 | 87.6 bp −$876 | 225.6 bp −$22.6K | 537.9 bp −$268.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | −0.0111% | 1h | 3.5281 | +0.032% | $2K | $2K | 10x | as long as short |
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −8.988% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5293 | +0.064% | $11K | $23K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5266 | −0.011% | $2.2M | $3.9M | 50x | as long as short |
| OKX METIS-USDT-SWAPlong | +0.0100% | 4h | 3.5270 | long leg | $393K | $973K | 10x | |
| Gate METIS_USDT | +0.0100% | 4h | 3.5260 | −0.028% | $142K | $120K | 50x | as long as short |
| MEXC METIS_USDTshort | +0.0100% | 4h | 3.5280 | +0.028% | $682K | $213K | 50x | |
| Bitget METISUSDT | +0.0100% | 4h | 3.5300 | +0.085% | $207K | $413K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5249 | −0.059% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0586% | 4h | 3.5400 | +0.369% | $681K | $154K | 30x | as long as short |
Kraken Futures PF_METISUSD
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
Gate METIS_USDT
Bitget METISUSDT
Variational Omni METIS
KuCoin METISUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.1948% | 4h | 3.5300 | +0.085% | — | $2.4M | — | as long as short |
| Bybit METISUSDT | +0.4283% | 4h | 3.5350 | +0.227% | $702K | $568K | 20x | as long as short |
BingX METIS-USDT
Bybit METISUSDT