After costs, if the gap returns to its 7d average, $10k−$92
spread now+0.187%7d average−0.006%fees + slippage, in and out−$112spread needed1.118%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METUSDT | 0.2725 | −0.0062 | get 0.0031% / 4h | 2h 15m | $4.7M | $3.0M | 25x |
| Short | BloFin MET-USDT | 0.2730 | 0.0127 | get 0.0063% / 4h | 2h 15m | $279K | $79K | 50x |
Bybit METUSDT
BloFin MET-USDTPrice 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
- $18.72
- Funding while held
- $5.67
- Slippage, 4 orders
- −$88.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.38
- Spread needed to break even
- 1.118%
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0189%
- Per $10,000 a day
- +$5.67
- 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 Bybit live order book, 3 min ago | 1.84 bp | 32.1 bp −$32 | 240.7 bp −$2,407 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 5.48 bp | 13.7 bp −$14 | 44.2 bp −$442 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2722cheapestBinance0.2723+0.024%Gate0.2723+0.037%MEXC0.2723+0.037%Backpack0.2723+0.055%Hyperliquid0.2724+0.059%Aster0.2724+0.071%GMX0.2724+0.072%KuCoin0.2724+0.073%
ApeX Omni
Binance
Gate
MEXC
Backpack
Hyperliquid
Aster
GMX
KuCoinBybit0.2725+0.107%
OKX0.2725+0.110%Bitget0.2725+0.110%SunX0.2725+0.110%Phoenix0.2725+0.121%Lighter0.2729+0.242%
OKX
Bitget
SunX
Phoenix
LighterBloFin0.2730+0.294%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.106% | +0.0100% | 1h | $34K | $117K | 50x | as long as short |
| Binance METUSDT | −0.082% | +0.0100% | 4h | $4.6M | $10.6M | 50x | as long as short |
| Gate MET_USDT | −0.070% | +0.0100% | 4h | $189K | $244K | 50x | as long as short |
| MEXC MET_USDT | −0.070% | +0.0100% | 4h | $953K | $230K | 20x | as long as short |
| Backpack MET_USDC_PERP | −0.051% | −0.0260% | 1h | $319K | $252K | 5x | as long as short |
| Hyperliquid MET | −0.048% | +0.0100% | 1h | $4.1M | $1.2M | 3x | as long as short |
| Aster METUSDT | −0.035% | +0.0100% | 4h | $50K | $9K | 5x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.034% | L +0.0087% / S +0.0114% | 1h | $25K | — | 50x | as long as short |
| KuCoin METUSDTM | −0.033% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bybit METUSDTlong | 0.000% | −0.0062% | 4h | $4.7M | $3.0M | 25x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MET-USDT-SWAP | +0.004% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| Bitget METUSDT | +0.004% | +0.0100% | 4h | $646K | $930K | 25x | as long as short |
| SunX MET-USDT | +0.004% | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| Phoenix MET | +0.015% | −0.0432% | 1h | $13K | $16K | 5x | as long as short |
| Lighter MET | +0.136% | +0.0328% | 1h | $276K | $353K | 5x | as long as short |
| BloFin MET-USDTshort | +0.187% | +0.0127% | 4h | $279K | $79K | 50x |