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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.196%+$20 · spread now 0.000%, 7d avg +0.003%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MET_USDT0.28540.0100pay 0.0050% / 4h3h 27m$193K$185K50x
ShortOKX MET-USDT-SWAP0.28540.0100get 0.0050% / 4h3h 27m$1.3M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: 0.000% → +0.003%
−$0.28
Slippage, 4 orders
−$151.7
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$176.98
Costs to cover
1.767%
Break-even
never at this rate
Slippage from Gate: live order book, 38 min ago; OKX: live order book, 4 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, 38 min ago8.79 bp69.5 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.51 bp18.6 bp −$1975.4 bp −$754doesn'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 −0.1723% / S +0.0247%1h0.2853−0.046%$10K50xas long as short
BloFin MET-USDT+0.0095%4h0.2852−0.070%$294K$88K50xas long as short
Hyperliquid MET+0.0100%1h0.2856+0.081%$4.2M$1.4M3xas long as short
Aster METUSDT+0.0100%4h0.2857+0.104%$54K$11K5xas long as short
Binance METUSDT+0.0100%4h0.2853−0.035%$5.0M$11.8M50xas long as short
Bybit METUSDT+0.0100%4h0.2852−0.056%$5.0M$3.1M25xas long as short
OKX MET-USDT-SWAPshort+0.0100%4h0.28540.000%$1.3M$3.4M20x
Gate MET_USDTlong+0.0100%4h0.2854long leg$193K$185K50x
MEXC MET_USDT+0.0100%4h0.28540.000%$1.0M$279K20xas long as short
KuCoin METUSDTM+0.0100%4h0.28540.000%$1.3M$2.6M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget METUSDT+0.0100%4h0.2856+0.070%$685K$871K25xas long as short
ApeX Omni METUSDT+0.0100%1h0.2847−0.245%$36K$116K50xas long as short
SunX MET-USDT+0.0100%4h0.2857+0.105%$2K$1.6M20xas long as short
Phoenix MET+0.0197%1h0.2853−0.028%$15K$15K5xas long as short
Lighter MET+0.0488%1h0.2861+0.231%$257K$278K5xas long as short
Backpack MET_USDC_PERP+0.0692%1h0.2856+0.084%$334K$264K5xas long as short