MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h +0.004%

Price spread now: OKX against BloFin+0.144%73s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as 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−$770.767% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 4 days (all we have)−2.327%−$233 · spread now +0.144%, 7d avg −0.016%

Together, before fees−2.292%−$229 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.160% dearer against BloFin than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of −0.016%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days. The two prices were read 73 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	0.2781	0.0160	pay 0.0080% / 4h	1h 25m	$284K	$89K	50x
Short	OKX MET-USDT-SWAP	0.2785	0.0100	get 0.0050% / 4h	1h 25m	$1.2M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.144%Rate

Funding earned: −$12.56
Price spread: +0.144% → −0.016%: $15.95
Slippage, 4 orders: −$54.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$73.32
Costs to cover: 0.767%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 min ago; OKX: live order book, 1 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, 13 min ago	1.80 bp	19.4 bp −$19	69.0 bp −$690	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	5.39 bp	20.8 bp −$21	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 −0.0579% / S +0.0200%	1h	0.2783	+0.055%	$4K	—	50x	as long as short
Bybit METUSDT	+0.0075%	4h	0.2781	0.000%	$4.8M	$3.2M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2784	+0.108%	$169K	$422K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2782	+0.040%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2783	+0.057%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2784	+0.115%	$4.8M	$12.2M	50x	as long as short
OKX MET-USDT-SWAPshort	+0.0100%	4h	0.2785	+0.144%	$1.2M	$3.4M	20x
Gate MET_USDT	+0.0100%	4h	0.2781	0.000%	$180K	$175K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2783	+0.072%	$928K	$283K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2784	+0.108%	$1.3M	$2.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDT	+0.0100%	4h	0.2785	+0.144%	$652K	$889K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2788	+0.252%	$36K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2783	+0.072%	$2K	$1.6M	20x	as long as short
BloFin MET-USDTlong	+0.0160%	4h	0.2781	long leg	$284K	$89K	50x
Phoenix MET	+0.0173%	1h	0.2789	+0.273%	$14K	$15K	5x	as long as short
Backpack MET_USDC_PERP	+0.0241%	1h	0.2785	+0.137%	$314K	$311K	5x	as long as short