MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against OKX−0.036%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 4 days (all we have)+1.053%+$105 · spread now −0.036%, 7d avg +0.011%

Together, before fees+1.018%+$102 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.047% cheaper against OKX than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.011%). If the spread goes back, that is −$5 on $10k: about 5.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MET-USDT-SWAP	0.2773	0.0100	pay 0.0050% / 4h	38m 51s	$1.2M	$3.3M	20x
Short	BloFin MET-USDT	0.2772	0.0127	get 0.0063% / 4h	38m 51s	$284K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $5.59
Price spread: −0.036% → +0.011%: −$4.69
Slippage, 4 orders: −$58.33
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$79.43
Costs to cover: 0.803%
Break-even: 106.5 days

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 61 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 OKX live order book, 3 min ago	5.40 bp	28.0 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 61 min ago	1.80 bp	11.1 bp −$11	48.6 bp −$486	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 −0.0498% / S +0.0175%	1h	0.2774	+0.028%	$4K	—	50x	as long as short
Phoenix MET	0.0000%	1h	0.2776	+0.105%	$14K	$15K	5x	as long as short
Bybit METUSDT	+0.0034%	4h	0.2773	−0.004%	$4.8M	$3.1M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2773	0.000%	$168K	$425K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2773	+0.014%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2775	+0.076%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2774	+0.036%	$4.8M	$12.2M	50x	as long as short
OKX MET-USDT-SWAPlong	+0.0100%	4h	0.2773	long leg	$1.2M	$3.3M	20x
Gate MET_USDT	+0.0100%	4h	0.2775	+0.072%	$177K	$171K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2773	0.000%	$932K	$280K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2775	+0.072%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2776	+0.108%	$650K	$864K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2774	+0.040%	$315K	$310K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2774	+0.036%	$36K	$118K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2771	−0.072%	$2K	$1.6M	20x	as long as short
BloFin MET-USDTshort	+0.0127%	4h	0.2772	−0.036%	$284K	$89K	50x