Funding spread now, next payment 17:00 UTC+0.1698%/8h
paid, last 24h−0.045%paid, last 3 days−0.291%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.291% in total (about -37.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MET/USD [WBTC.b-USDC] | 0.2766 | L −0.1598% / S +0.0234% | get 0.0200% / 1h | 58m 50s | $9K | — | 50x |
| Short | Bybit METUSDT | 0.2759 | 0.0100 | get 0.0050% / 4h | 3h 58m | $4.7M | $3.0M | 25x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $356.65
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $333.65
- Break-even
- 0.5 days
Slippage unknown: GMX: no order-book sample; Bybit: live order book, just now. Net counts fees only.
Price risk
price view- Price gap now
- −0.258%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, just now | 3.63 bp | 40.5 bp −$40 | 176.3 bp −$1,763 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MET on 16 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC]long | L −0.1598% / S +0.0234% | 1h | $9K | — | 50x | |
| Phoenix MET | −0.0673% | 1h | $14K | $16K | 5x | as long as short |
| BloFin MET-USDT | +0.0058% | 4h | $282K | $81K | 50x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | $4.1M | $1.1M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | $4.7M | $10.3M | 50x | as long as short |
| Bybit METUSDTshort | +0.0100% | 4h | $4.7M | $3.0M | 25x | |
| OKX MET-USDT-SWAP | +0.0100% | 4h | $1.1M | $3.1M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | $189K | $237K | 50x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | $943K | $222K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | $650K | $934K | 25x | as long as short |
| Backpack MET_USDC_PERP | +0.0100% | 1h | $320K | $262K | 5x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | $35K | $119K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| Lighter MET | +0.0168% | 1h | $285K | $252K | 5x | as long as short |
GMX MET/USD [WBTC.b-USDC]
Bybit METUSDT
Phoenix MET
BloFin MET-USDT
Hyperliquid MET
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT
Lighter MET