Settings8H · net · $10k
Funding arb · Price arb /

MET

all MET markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.035%
Price spread now: Lighter against Gate+0.156%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3443.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+1.155%+$115 · spread now +0.156%, 7d avg +0.168%
Together, before fees+1.180%+ Points / potential airdropLighter: Season 3 · farm board+$118 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MET_USDT0.27530.0100pay 0.0050% / 4h3h 31m$173K$171K50x
ShortLighter MET0.27570.0096get 0.0012% / 1h31m 47s$169K$435K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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

Funding earned
−$0.84
Price spread: +0.156% → +0.168%
−$1.19
Slippage, 4 orders
−$329.05
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$346.08
Costs to cover
3.440%
Break-even
never at this rate
Slippage from Gate: live order book, 59 min ago; Lighter: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 59 min ago7.39 bp40.1 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 49 min ago15.06 bp149.0 bp −$149246.3 bp −$2,463doesn't fitdoesn't fit

MET on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MET/USD [WBTC.b-USDC]L −0.0738% / S +0.0214%1h0.2751−0.073%$4K50xas long as short
Phoenix MET−0.0206%1h0.2753+0.015%$13K$14K5xas long as short
Lighter METshort+0.0096%1h0.2757+0.156%$169K$435K5x
Hyperliquid MET+0.0100%1h0.2752−0.024%$3.6M$1.9M3xas long as short
Aster METUSDT+0.0100%4h0.2755+0.055%$52K$11K5xas long as short
Binance METUSDT+0.0100%4h0.2750−0.109%$4.6M$12.6M50xas long as short
Bybit METUSDT+0.0100%4h0.2750−0.116%$4.7M$3.3M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h0.2749−0.145%$1.2M$3.2M20xas long as short
Gate MET_USDTlong+0.0100%4h0.2753long leg$173K$171K50x
MEXC MET_USDT+0.0100%4h0.2751−0.073%$845K$289K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin METUSDTM+0.0100%4h0.27530.000%$1.3M$2.7M50xas long as short
Bitget METUSDT+0.0100%4h0.27530.000%$685K$911K25xas long as short
ApeX Omni METUSDT+0.0100%1h0.2751−0.073%$34K$117K50xas long as short
SunX MET-USDT+0.0100%4h0.2751−0.073%$2K$1.6M20xas long as short
Backpack MET_USDC_PERP+0.0156%1h0.2753+0.011%$314K$250K5xas long as short
BloFin MET-USDT+0.0158%4h0.2758+0.182%$273K$91K50xas long as short