MET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget−0.144%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1361.357% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.144%, 7d avg +0.010%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.154% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget METUSDT	0.2775	0.0100	pay 0.0050% / 4h	1h 38m	$650K	$890K	25x
Short	Bybit METUSDT	0.2771	0.0091	get 0.0046% / 4h	1h 38m	$4.8M	$3.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.144%Rate

Funding earned: −$1.83
Price spread: −0.144% → +0.010%: −$15.41
Slippage, 4 orders: −$112.66
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$152.9
Costs to cover: 1.357%
Break-even: never at this rate

Slippage from Bitget: live order book, 22 min ago; Bybit: live order book, 4 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 Bitget live order book, 22 min ago	7.19 bp	26.5 bp −$27	123.2 bp −$1,232	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	5.40 bp	42.8 bp −$43	185.2 bp −$1,852	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 −0.0483% / S +0.0171%	1h	0.2772	−0.113%	$4K	—	50x	as long as short
Bybit METUSDTshort	+0.0091%	4h	0.2771	−0.144%	$4.8M	$3.1M	25x
Lighter MET	+0.0096%	1h	0.2774	−0.040%	$168K	$422K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2773	−0.072%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2772	−0.103%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2774	−0.046%	$4.8M	$12.2M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2773	−0.072%	$1.2M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2773	−0.072%	$179K	$174K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2773	−0.072%	$927K	$280K	20x	as long as short
KuCoin METUSDTM	+0.0100%	4h	0.2774	−0.036%	$1.3M	$2.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDTlong	+0.0100%	4h	0.2775	long leg	$650K	$890K	25x
Backpack MET_USDC_PERP	+0.0100%	1h	0.2773	−0.058%	$313K	$309K	5x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2778	+0.108%	$35K	$117K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2771	−0.144%	$2K	$1.6M	20x	as long as short
BloFin MET-USDT	+0.0143%	4h	0.2771	−0.144%	$284K	$89K	50x	as long as short
Phoenix MET	+0.0173%	1h	0.2775	+0.011%	$14K	$15K	5x	as long as short