MET

Alert

Funding spread now, next payment 15:00 UTC+0.0773%/8h

paid, last 24h+0.194%paid, last 5 days+0.940%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix MET	0.2744	−0.0673	get 0.0084% / 1h	55m 22s	$14K	$14K	5x
Short	Bybit METUSDT	0.2770	0.0100	get 0.0050% / 4h	55m 22s	$4.7M	$2.7M	25x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee BybitbpOrdersRate

Funding earned: $162.29
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $144.29
Break-even: 0.8 days

Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.970%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	3.64 bp	35.2 bp −$35	193.9 bp −$1,939	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
GMX MET/USD [WBTC.b-USDC]	L −0.2252% / S +0.0250%	1h	$13K	—	50x	as long as short
Phoenix METlong	−0.0673%	1h	$14K	$14K	5x
Hyperliquid MET	+0.0100%	1h	$4.1M	$1.1M	3x	as long as short
Aster METUSDT	+0.0100%	4h	$51K	$4K	5x	as long as short
Binance METUSDT	+0.0100%	4h	$4.5M	$9.1M	50x	as long as short
Bybit METUSDTshort	+0.0100%	4h	$4.7M	$2.7M	25x
OKX MET-USDT-SWAP	+0.0100%	4h	$1.1M	$2.9M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	$188K	$232K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	$952K	$218K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	$1.3M	$2.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget METUSDT	+0.0100%	4h	$651K	$840K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	$321K	$250K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	$37K	$107K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	$2K	$1.4M	20x	as long as short
BloFin MET-USDT	+0.0117%	4h	$270K	$78K	50x	as long as short
Lighter MET	+0.0344%	1h	$284K	$258K	5x	as long as short