After costs, if the gap returns to its 7d average, $10k−$96
spread now+0.336%7d average+0.008%fees + slippage, in and out−$129spread needed1.287%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MET-USDT | 0.2741 | 0.0075 | pay 0.0038% / 4h | 20m 15s | $281K | $80K | 50x |
| Short | Bybit METUSDT | 0.2750 | 0.0100 | get 0.0050% / 4h | 20m 15s | $4.7M | $3.0M | 25x |
BloFin MET-USDT
Bybit METUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $33.56
- Funding while held
- $0.74
- Slippage, 4 orders
- −$105.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.37
- Spread needed to break even
- 1.287%
Slippage from BloFin: live order book, 22 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0025%
- Per $10,000 a day
- +$0.74
- Average in range /8h
- —
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, 22 min ago | 5.40 bp | 25.8 bp −$26 | 83.8 bp −$838 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.66 bp | 41.0 bp −$41 | 178.3 bp −$1,783 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2728cheapestPhoenix0.2738+0.370%
ApeX Omni
PhoenixBloFin0.2741+0.477%
Backpack0.2745+0.609%Gate0.2748+0.733%KuCoin0.2750+0.806%Aster0.2750+0.812%
Backpack
Gate
KuCoin
AsterBybit0.2750+0.814%
Hyperliquid0.2751+0.833%MEXC0.2751+0.843%Bitget0.2751+0.843%Binance0.2752+0.880%OKX0.2754+0.953%SunX0.2754+0.953%GMX0.2755+0.974%Lighter0.2759+1.147%
Hyperliquid
MEXC
Bitget
Binance
OKX
SunX
GMX
LighterMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.474% | +0.0100% | 1h | $35K | $119K | 50x | as long as short |
| Phoenix MET | −0.106% | −0.0673% | 1h | $14K | $15K | 5x | as long as short |
| BloFin MET-USDTlong | 0.000% | +0.0075% | 4h | $281K | $80K | 50x | |
| Backpack MET_USDC_PERP | +0.131% | +0.0100% | 1h | $318K | $259K | 5x | as long as short |
| Gate MET_USDT | +0.255% | +0.0100% | 4h | $187K | $244K | 50x | as long as short |
| KuCoin METUSDTM | +0.328% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Aster METUSDT | +0.334% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Bybit METUSDTshort | +0.336% | +0.0100% | 4h | $4.7M | $3.0M | 25x | |
| Hyperliquid MET | +0.355% | +0.0100% | 1h | $4.1M | $1.1M | 3x | as long as short |
| MEXC MET_USDT | +0.365% | +0.0100% | 4h | $941K | $227K | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget METUSDT | +0.365% | +0.0100% | 4h | $640K | $922K | 25x | as long as short |
| Binance METUSDT | +0.401% | +0.0100% | 4h | $4.7M | $10.2M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.474% | +0.0100% | 4h | $1.1M | $3.0M | 20x | as long as short |
| SunX MET-USDT | +0.474% | +0.0100% | 4h | $1K | $1.5M | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | +0.495% | L −0.1598% / S +0.0234% | 1h | $9K | — | 50x | as long as short |
| Lighter MET | +0.668% | +0.0152% | 1h | $282K | $260K | 5x | as long as short |