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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit METUSDT0.27490.0100pay 0.0050% / 4h1h 57m$4.7M$3.2M25x
ShortBinance METUSDT0.27470.0100get 0.0050% / 4h1h 57m$4.7M$12.7M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now3.64 bp36.6 bp −$37463.2 bp −$4,632doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.82 bp18.2 bp −$1876.4 bp −$764doesn'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 −0.0738% / S +0.0214%1h0.2747−0.077%$4K50xas long as short
Phoenix MET0.0000%1h0.2753+0.149%$13K$14K5xas long as short
BloFin MET-USDT+0.0054%4h0.2746−0.098%$274K$94K50xas long as short
Lighter MET+0.0096%1h0.2753+0.156%$171K$425K5xas long as short
Hyperliquid MET+0.0100%1h0.2746−0.098%$3.6M$1.9M3xas long as short
Aster METUSDT+0.0100%4h0.2751+0.081%$52K$11K5xas long as short
Binance METUSDTshort+0.0100%4h0.2747−0.044%$4.7M$12.7M50x
Bybit METUSDTlong+0.0100%4h0.2749long leg$4.7M$3.2M25x
OKX MET-USDT-SWAP+0.0100%4h0.2748−0.025%$1.2M$3.3M20xas long as short
Gate MET_USDT+0.0100%4h0.2749+0.011%$172K$194K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h0.2748−0.025%$846K$288K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2751+0.084%$1.3M$2.7M50xas long as short
Bitget METUSDT+0.0100%4h0.2751+0.084%$691K$961K25xas long as short
Backpack MET_USDC_PERP+0.0100%1h0.2752+0.135%$310K$280K5xas long as short
ApeX Omni METUSDT+0.0100%1h0.2745−0.135%$34K$120K50xas long as short
SunX MET-USDT+0.0100%4h0.2753+0.156%$2K$1.6M20xas long as short