MET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.077%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$239as in the Funding arb table

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$2232.227% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 7 days−0.102%−$10 · spread now +0.077%, 7d avg −0.023%

Together, before fees−0.264%−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.100% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit METUSDT	0.2724	0.0011	pay 0.0005% / 4h	1h 43m	$4.7M	$3.2M	25x
Short	KuCoin METUSDTM	0.2726	0.0100	get 0.0050% / 4h	1h 43m	$1.3M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.077%Rate

Funding earned: $18.77
Price spread: +0.077% → −0.023%: $10
Slippage, 4 orders: −$199.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$193.93
Costs to cover: 2.227%
Break-even: 79.3 days

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 3 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 Bybit live order book, 4 min ago	5.51 bp	34.8 bp −$35	260.0 bp −$2,600	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	5.51 bp	81.0 bp −$81	298.6 bp −$2,986	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	0.2725	+0.056%	$4K	—	50x	as long as short
Phoenix MET	−0.0029%	1h	0.2720	−0.143%	$13K	$14K	5x	as long as short
Bybit METUSDTlong	+0.0011%	4h	0.2724	long leg	$4.7M	$3.2M	25x
Lighter MET	+0.0096%	1h	0.2728	+0.154%	$165K	$430K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2724	+0.011%	$3.6M	$1.9M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2725	+0.043%	$51K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2724	+0.004%	$4.6M	$12.7M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2726	+0.077%	$1.2M	$3.3M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2723	−0.033%	$170K	$194K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2723	−0.033%	$838K	$289K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTMshort	+0.0100%	4h	0.2726	+0.077%	$1.3M	$2.7M	50x
Bitget METUSDT	+0.0100%	4h	0.2726	+0.077%	$667K	$962K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2725	+0.033%	$307K	$278K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2721	−0.106%	$34K	$120K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2726	+0.077%	$2K	$1.6M	20x	as long as short
BloFin MET-USDT	+0.0120%	4h	0.2721	−0.106%	$274K	$90K	50x	as long as short