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

MET

all MET markets
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Funding spread now, next payment 17:00 UTC+0.0532%/8h
paid, last 24h+0.194%paid, last 5 days+1.026%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix MET0.2731−0.0432get 0.0054% / 1h22m 49s$13K$16K5x
ShortBinance METUSDT0.27280.0100get 0.0050% / 4h2h 22m$4.6M$10.6M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$111.75
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
$94.75
Break-even
1.1 days
Slippage unknown: Phoenix: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.117%
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 Phoenix no order-book sample
Sell Binance live order book, 4 min ago3.66 bp17.5 bp −$1781.3 bp −$813doesn't fitdoesn't fit
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
Phoenix METlong−0.0432%1h$13K$16K5x
Backpack MET_USDC_PERP−0.0314%1h$320K$252K5xas long as short
Bybit METUSDT−0.0104%4h$4.7M$3.0M25xas long as short
BloFin MET-USDT+0.0076%4h$280K$79K50xas long as short
GMX MET/USD [WBTC.b-USDC]L +0.0085% / S +0.0118%1h$25K50xas long as short
Hyperliquid MET+0.0100%1h$4.1M$1.2M3xas long as short
Aster METUSDT+0.0100%4h$50K$9K5xas long as short
Binance METUSDTshort+0.0100%4h$4.6M$10.6M50x
OKX MET-USDT-SWAP+0.0100%4h$1.2M$3.2M20xas long as short
Gate MET_USDT+0.0100%4h$189K$243K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h$954K$230K20xas long as short
KuCoin METUSDTM+0.0100%4h$1.3M$2.5M50xas long as short
Bitget METUSDT+0.0100%4h$648K$935K25xas 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
Lighter MET+0.0368%1h$276K$353K5xas long as short