data as of
Settings8H · net · $10k
Funding arb /

MET

all MET markets
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Funding spread now, next payment 16:00 UTC−0.0302%/8h
next payment, per $10,000$0.38paid, last 24h−0.197%paid, last 5 days−1.004%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MET0.27710.0100pay 0.0013% / 1h28m 23s$4.2M$1.2M3x
ShortPhoenix MET0.2765−0.0202pay 0.0025% / 1h28m 23s$14K$16K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$63.47
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$79.47
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Phoenix: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.227%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago0.54 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX MET/USD [WBTC.b-USDC]L −0.1306% / S +0.0204%1h$9K50xas long as short
Phoenix METshort−0.0202%1h$14K$16K5x
Hyperliquid METlong+0.0100%1h$4.2M$1.2M3x
Aster METUSDT+0.0100%4h$51K$9K5xas long as short
Binance METUSDT+0.0100%4h$4.7M$10.5M50xas long as short
Bybit METUSDT+0.0100%4h$4.8M$3.0M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h$1.1M$3.2M20xas long as short
Gate MET_USDT+0.0100%4h$190K$244K50xas long as short
MEXC MET_USDT+0.0100%4h$981K$231K20xas long as short
KuCoin METUSDTM+0.0100%4h$1.3M$2.5M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget METUSDT+0.0100%4h$654K$937K25xas long as short
Backpack MET_USDC_PERP+0.0100%1h$321K$264K5xas long as short
ApeX Omni METUSDT+0.0100%1h$35K$118K50xas long as short
SunX MET-USDT+0.0100%4h$2K$1.6M20xas long as short
BloFin MET-USDT+0.0146%4h$279K$75K50xas long as short
Lighter MET+0.0752%1h$330K$304K5xas long as short