Funding spread now, next payment 18:00 UTC+0.0306%/8h
paid, last 24h+0.187%paid, last 5 days+1.062%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MET | 0.2747 | −0.0206 | get 0.0026% / 1h | 42m 01s | $14K | $17K | 5x |
| Short | Bitget METUSDT | 0.2747 | 0.0100 | get 0.0050% / 4h | 1h 42m | $649K | $862K | 25x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $64.18
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $45.18
- Break-even
- 2.1 days
Slippage unknown: Phoenix: no order-book sample; Bitget: live order book, 50 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.011%
- 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 Bitget live order book, 50 min ago | 9.12 bp | 30.6 bp −$31 | 82.4 bp −$824 | 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 | −0.0206% | 1h | $14K | $17K | 5x | |
| Bybit METUSDT | −0.0053% | 4h | $4.7M | $2.8M | 25x | as long as short |
| Lighter MET | +0.0096% | 1h | $254K | $328K | 5x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | L +0.0100% / S +0.0090% | 1h | $25K | — | 50x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | $4.2M | $1.2M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | $4.7M | $10.7M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | $190K | $213K | 50x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | $892K | $236K | 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 METUSDTshort | +0.0100% | 4h | $649K | $862K | 25x | |
| Backpack MET_USDC_PERP | +0.0100% | 1h | $320K | $241K | 5x | 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 |
| BloFin MET-USDT | +0.0147% | 4h | $278K | $86K | 50x | as long as short |
Phoenix MET
Bitget METUSDT
Bybit METUSDT
Lighter MET
GMX MET/USD [WBTC.b-USDC]
Hyperliquid MET
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT
BloFin MET-USDT