MET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against BloFin+0.145%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)−0.660%−$66 · spread now +0.145%, 7d avg −0.030%

Together, before fees−0.679%−$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.174% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MET-USDT	0.2848	0.0091	pay 0.0045% / 4h	22m 35s	$298K	$83K	50x
Short	Binance METUSDT	0.2852	0.0100	get 0.0050% / 4h	22m 35s	$5.1M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.145%Rate

Funding earned: $1.94
Price spread: +0.145% → −0.030%: $17.43
Slippage, 4 orders: −$47.94
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.57
Costs to cover: 0.699%
Break-even: 189.6 days

Slippage from BloFin: live order book, 49 min ago; Binance: live order book, 3 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 BloFin live order book, 49 min ago	3.51 bp	17.2 bp −$17	58.6 bp −$586	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.75 bp	16.0 bp −$16	84.0 bp −$840	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 −0.1723% / S +0.0247%	1h	0.2846	−0.076%	$10K	—	50x	as long as short
Phoenix MET	−0.0112%	1h	0.2860	+0.421%	$15K	$13K	5x	as long as short
BloFin MET-USDTlong	+0.0091%	4h	0.2848	long leg	$298K	$83K	50x
Hyperliquid MET	+0.0100%	1h	0.2850	+0.060%	$4.3M	$1.3M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2847	−0.040%	$54K	$11K	5x	as long as short
Binance METUSDTshort	+0.0100%	4h	0.2852	+0.145%	$5.1M	$11.6M	50x
Bybit METUSDT	+0.0100%	4h	0.2851	+0.105%	$4.9M	$3.0M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2854	+0.211%	$1.3M	$3.5M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2847	−0.035%	$193K	$190K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2847	−0.035%	$1.0M	$279K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2848	0.000%	$1.3M	$2.5M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2853	+0.176%	$686K	$871K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2850	+0.070%	$36K	$115K	50x	as long as short
SunX MET-USDT	+0.0100%	4h	0.2846	−0.070%	$2K	$1.6M	20x	as long as short
Lighter MET	+0.0232%	1h	0.2853	+0.158%	$262K	$251K	5x	as long as short
Backpack MET_USDC_PERP	+0.0474%	1h	0.2851	+0.109%	$333K	$260K	5x	as long as short