MET

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1515%/8h= +165.9% APRnext payment +$1.89 per $10,000 · paid last 24h +0.142%

Price spread now: ApeX Omni against GMX+0.193%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$45 a day on $10k at the current rate, and ApeX Omni is 0.193% dearer against GMX than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MET/USD [WBTC.b-USDC]	0.2787	L −0.1415% / S +0.0215%	get 0.0177% / 1h	19m 29s	$9K	—	50x
Short	ApeX Omni METUSDT	0.2792	0.0100	get 0.0013% / 1h	19m 29s	$36K	$117K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee ApeX OmnibpOrdersPrice spread, now +0.193%Rate

Funding earned: $318.15
Price spread: +0.193% → 0.000%: $19.27
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $315.42
Costs to cover: 0.220%
Break-even: 0.1 days

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 46 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 46 min ago	28.27 bp	297.6 bp −$298	doesn't fit	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MET on 15 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]long	L −0.1415% / S +0.0215%	1h	0.2787	long leg	$9K	—	50x
Phoenix MET	0.0000%	1h	0.2787	−0.005%	$14K	$15K	5x	as long as short
Bybit METUSDT	+0.0058%	4h	0.2785	−0.058%	$4.8M	$3.1M	25x	as long as short
Lighter MET	+0.0096%	1h	0.2784	−0.105%	$169K	$421K	5x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2786	−0.026%	$3.8M	$1.7M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2786	−0.023%	$52K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2787	+0.007%	$4.8M	$12.1M	50x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2789	+0.085%	$1.2M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2787	+0.013%	$180K	$182K	50x	as long as short
MEXC MET_USDT	+0.0100%	4h	0.2786	−0.023%	$925K	$285K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin METUSDTM	+0.0100%	4h	0.2785	−0.058%	$1.3M	$2.6M	50x	as long as short
Bitget METUSDT	+0.0100%	4h	0.2787	+0.013%	$652K	$894K	25x	as long as short
Backpack MET_USDC_PERP	+0.0100%	1h	0.2789	+0.071%	$317K	$283K	5x	as long as short
ApeX Omni METUSDTshort	+0.0100%	1h	0.2792	+0.193%	$36K	$117K	50x
SunX MET-USDT	+0.0100%	4h	0.2788	+0.049%	$2K	$1.6M	20x	as long as short