MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Binance0.000%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+1.046%+$105 · spread now 0.000%, 7d avg +0.023%

Together, before fees+1.060%+$106 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.023% cheaper against Binance than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.023%). If the spread goes back, that is −$2 on $10k: about 6.0 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance METUSDT	0.2781	0.0100	pay 0.0050% / 4h	14m 51s	$4.8M	$12.2M	50x
Short	BloFin MET-USDT	0.2781	0.0113	get 0.0057% / 4h	14m 51s	$286K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $2.74
Price spread: 0.000% → +0.023%: −$2.34
Slippage, 4 orders: −$58.01
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$79.61
Costs to cover: 0.800%
Break-even: 210.1 days

Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 20 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 Binance live order book, 10 min ago	1.80 bp	19.3 bp −$19	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell BloFin live order book, 20 min ago	1.80 bp	22.5 bp −$23	51.0 bp −$510	doesn't fit	doesn't fit

MET on 16 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
GMX MET/USD [WBTC.b-USDC]	L −0.0498% / S +0.0175%	1h	0.2782	+0.022%	$4K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2779	−0.079%	$14K	$15K	5x	as long as short
Bybit METUSDT	+0.0021%	4h	0.2780	−0.036%	$4.8M	$3.1M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2781	0.000%	$168K	$425K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2782	+0.018%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2779	−0.066%	$52K	$11K	5x	as long as short
Binance METUSDTlong	+0.0100%	4h	0.2781	long leg	$4.8M	$12.2M	50x
OKX MET-USDT-SWAP	+0.0100%	4h	0.2782	+0.036%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2779	−0.072%	$178K	$172K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2781	0.000%	$934K	$282K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2780	−0.036%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2784	+0.108%	$651K	$864K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2783	+0.083%	$317K	$307K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2777	−0.144%	$36K	$118K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2779	−0.072%	$2K	$1.6M	20x	as long as short
BloFin MET-USDTshort	+0.0113%	4h	0.2781	0.000%	$286K	$89K	50x