MET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against BloFin+0.258%48s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1151.148% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.583%−$58 · spread now +0.258%, 7d avg −0.004%

Together, before fees−0.546%−$55 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.262% dearer against BloFin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MET-USDT	0.2713	0.0077	pay 0.0039% / 4h	18m 20s	$270K	$89K	50x
Short	Gate MET_USDT	0.2720	0.0100	get 0.0050% / 4h	18m 20s	$170K	$190K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.258%Rate

Funding earned: $4.75
Price spread: +0.258% → −0.004%: $26.19
Slippage, 4 orders: −$87.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$83.85
Costs to cover: 1.148%
Break-even: 130.6 days

Slippage from BloFin: live order book, 61 min ago; Gate: live order book, 13 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 BloFin live order book, 61 min ago	1.83 bp	17.4 bp −$17	48.3 bp −$483	doesn't fit	doesn't fit
Sell Gate live order book, 13 min ago	7.39 bp	41.3 bp −$41	doesn't fit	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 −0.0738% / S +0.0214%	1h	0.2721	+0.286%	$4K	—	50x	as long as short
Phoenix MET	−0.0059%	1h	0.2712	−0.037%	$13K	$14K	5x	as long as short
BloFin MET-USDTlong	+0.0077%	4h	0.2713	long leg	$270K	$89K	50x
Lighter MET	+0.0096%	1h	0.2722	+0.339%	$165K	$438K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2721	+0.288%	$3.6M	$1.9M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2721	+0.307%	$51K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2720	+0.240%	$4.5M	$12.8M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2720	+0.243%	$4.7M	$3.3M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2721	+0.295%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDTshort	+0.0100%	4h	0.2720	+0.258%	$170K	$190K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MET_USDT	+0.0100%	4h	0.2720	+0.258%	$836K	$291K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2721	+0.295%	$1.3M	$2.7M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2723	+0.369%	$676K	$963K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2724	+0.391%	$311K	$254K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2702	−0.405%	$33K	$119K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2720	+0.258%	$2K	$1.6M	20x	as long as short