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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MET | 0.2731 | −0.0432 | get 0.0054% / 1h | 22m 49s | $13K | $16K | 5x |
| Short | Binance METUSDT | 0.2728 | 0.0100 | get 0.0050% / 4h | 2h 22m | $4.6M | $10.6M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 3.66 bp | 17.5 bp −$17 | 81.3 bp −$813 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Phoenix METlong | −0.0432% | 1h | $13K | $16K | 5x | |
| Backpack MET_USDC_PERP | −0.0314% | 1h | $320K | $252K | 5x | as long as short |
| Bybit METUSDT | −0.0104% | 4h | $4.7M | $3.0M | 25x | as long as short |
| BloFin MET-USDT | +0.0076% | 4h | $280K | $79K | 50x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | L +0.0085% / S +0.0118% | 1h | $25K | — | 50x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | $4.1M | $1.2M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | $50K | $9K | 5x | as long as short |
| Binance METUSDTshort | +0.0100% | 4h | $4.6M | $10.6M | 50x | |
| OKX MET-USDT-SWAP | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | $189K | $243K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| MEXC MET_USDT | +0.0100% | 4h | $954K | $230K | 20x | as long as short |
| KuCoin METUSDTM | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | $648K | $935K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | $35K | $118K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| Lighter MET | +0.0368% | 1h | $276K | $353K | 5x | as long as short |
Phoenix MET
Binance METUSDT
Backpack MET_USDC_PERP
Bybit METUSDT
BloFin MET-USDT
GMX MET/USD [WBTC.b-USDC]
Hyperliquid MET
Aster METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
ApeX Omni METUSDT
SunX MET-USDT
Lighter MET