Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against BloFin−0.459%95s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)−0.499%−$50 · spread now −0.459%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.486% cheaper against BloFin than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MET-USDT | 0.2830 | 0.0095 | pay 0.0048% / 4h | 2h 11m | $292K | $78K | 50x |
| Short | Bitget METUSDT | 0.2817 | 0.0100 | get 0.0050% / 4h | 2h 11m | $662K | $845K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.98
- Price spread: −0.459% → +0.027%
- −$48.61
- Slippage, 4 orders
- −$73.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$144.7
- Costs to cover
- 0.971%
- Break-even
- 1036.8 days
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 9 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, 5 min ago | 1.77 bp | 34.1 bp −$34 | 94.2 bp −$942 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 8.81 bp | 26.0 bp −$26 | 78.8 bp −$788 | 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 −0.1356% / S +0.0208% | 1h | 0.2814 | −0.582% | $9K | — | 50x | as long as short |
| Phoenix MET | −0.0197% | 1h | 0.2838 | +0.276% | $14K | $13K | 5x | as long as short |
| BloFin MET-USDTlong | +0.0095% | 4h | 0.2830 | long leg | $292K | $78K | 50x | |
| Lighter MET | +0.0096% | 1h | 0.2820 | −0.343% | $260K | $243K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2815 | −0.534% | $4.3M | $1.2M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2817 | −0.464% | $52K | $10K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2814 | −0.565% | $4.9M | $11.0M | 50x | as long as short |
| Bybit METUSDT | +0.0100% | 4h | 0.2814 | −0.565% | $4.9M | $2.8M | 25x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2814 | −0.565% | $1.3M | $3.3M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2815 | −0.530% | $192K | $195K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MET_USDT | +0.0100% | 4h | 0.2813 | −0.601% | $927K | $261K | 20x | as long as short |
| KuCoin METUSDTM | +0.0100% | 4h | 0.2814 | −0.565% | $1.3M | $2.4M | 50x | as long as short |
| Bitget METUSDTshort | +0.0100% | 4h | 0.2817 | −0.459% | $662K | $845K | 25x | |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2814 | −0.565% | $37K | $110K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2815 | −0.530% | $2K | $1.6M | 20x | as long as short |
| Backpack MET_USDC_PERP | +0.0331% | 1h | 0.2816 | −0.509% | $329K | $251K | 5x | as long as short |
BloFin MET-USDT
Bitget METUSDT
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
Bybit METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
ApeX Omni METUSDT
SunX MET-USDT
Backpack MET_USDC_PERP