Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.044%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days−0.005%$0 · spread now −0.044%, 7d avg −0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METUSDT | 0.2749 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $4.7M | $3.2M | 25x |
| Short | Binance METUSDT | 0.2747 | 0.0100 | get 0.0050% / 4h | 1h 57m | $4.7M | $12.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: −0.044% → −0.054%
- $0.97
- Slippage, 4 orders
- −$88.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.44
- Costs to cover
- 1.094%
- Break-even
- never at this rate
Slippage from Bybit: live order book, just now; Binance: live order book, 13 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 Bybit live order book, just now | 3.64 bp | 36.6 bp −$37 | 463.2 bp −$4,632 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.82 bp | 18.2 bp −$18 | 76.4 bp −$764 | 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 −0.0738% / S +0.0214% | 1h | 0.2747 | −0.077% | $4K | — | 50x | as long as short |
| Phoenix MET | 0.0000% | 1h | 0.2753 | +0.149% | $13K | $14K | 5x | as long as short |
| BloFin MET-USDT | +0.0054% | 4h | 0.2746 | −0.098% | $274K | $94K | 50x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2753 | +0.156% | $171K | $425K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2746 | −0.098% | $3.6M | $1.9M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2751 | +0.081% | $52K | $11K | 5x | as long as short |
| Binance METUSDTshort | +0.0100% | 4h | 0.2747 | −0.044% | $4.7M | $12.7M | 50x | |
| Bybit METUSDTlong | +0.0100% | 4h | 0.2749 | long leg | $4.7M | $3.2M | 25x | |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2748 | −0.025% | $1.2M | $3.3M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2749 | +0.011% | $172K | $194K | 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 | 0.2748 | −0.025% | $846K | $288K | 20x | as long as short |
| KuCoin METUSDTM | +0.0100% | 4h | 0.2751 | +0.084% | $1.3M | $2.7M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2751 | +0.084% | $691K | $961K | 25x | as long as short |
| Backpack MET_USDC_PERP | +0.0100% | 1h | 0.2752 | +0.135% | $310K | $280K | 5x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2745 | −0.135% | $34K | $120K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2753 | +0.156% | $2K | $1.6M | 20x | as long as short |
Bybit METUSDT
Binance METUSDT
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
BloFin MET-USDT
Lighter MET
Hyperliquid MET
Aster METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT