Settings8H · net · $10k
Funding arb · Price arb /

MET

all MET markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$970.971% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.483%−$48 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: 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MET-USDT0.28300.0095pay 0.0048% / 4h2h 11m$292K$78K50x
ShortBitget METUSDT0.28170.0100get 0.0050% / 4h2h 11m$662K$845K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago1.77 bp34.1 bp −$3494.2 bp −$942doesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago8.81 bp26.0 bp −$2678.8 bp −$788doesn't fitdoesn't fit

MET on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MET/USD [WBTC.b-USDC]L −0.1356% / S +0.0208%1h0.2814−0.582%$9K50xas long as short
Phoenix MET−0.0197%1h0.2838+0.276%$14K$13K5xas long as short
BloFin MET-USDTlong+0.0095%4h0.2830long leg$292K$78K50x
Lighter MET+0.0096%1h0.2820−0.343%$260K$243K5xas long as short
Hyperliquid MET+0.0100%1h0.2815−0.534%$4.3M$1.2M3xas long as short
Aster METUSDT+0.0100%4h0.2817−0.464%$52K$10K5xas long as short
Binance METUSDT+0.0100%4h0.2814−0.565%$4.9M$11.0M50xas long as short
Bybit METUSDT+0.0100%4h0.2814−0.565%$4.9M$2.8M25xas long as short
OKX MET-USDT-SWAP+0.0100%4h0.2814−0.565%$1.3M$3.3M20xas long as short
Gate MET_USDT+0.0100%4h0.2815−0.530%$192K$195K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h0.2813−0.601%$927K$261K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2814−0.565%$1.3M$2.4M50xas long as short
Bitget METUSDTshort+0.0100%4h0.2817−0.459%$662K$845K25x
ApeX Omni METUSDT+0.0100%1h0.2814−0.565%$37K$110K50xas long as short
SunX MET-USDT+0.0100%4h0.2815−0.530%$2K$1.6M20xas long as short
Backpack MET_USDC_PERP+0.0331%1h0.2816−0.509%$329K$251K5xas long as short