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

MET

all MET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1421.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.530%−$53 · spread now 0.000%, 7d avg −0.006%
Together, before fees−0.505%−$51 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MET-USDT-SWAP0.27820.0100pay 0.0050% / 4h21m 31s$1.2M$3.3M20x
ShortGate MET_USDT0.27820.0100get 0.0050% / 4h21m 31s$178K$172K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: 0.000% → −0.006%
$0.6
Slippage, 4 orders
−$116.51
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$140.91
Costs to cover
1.415%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 29 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 OKX live order book, 1 min ago3.59 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 29 min ago7.19 bp48.4 bp −$48doesn't fitdoesn'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 −0.0498% / S +0.0175%1h0.2781−0.041%$4K50xas long as short
Phoenix MET0.0000%1h0.2782+0.014%$14K$15K5xas long as short
Bybit METUSDT+0.0023%4h0.2780−0.083%$4.8M$3.1M25xas long as short
BloFin MET-USDT+0.0062%4h0.2784+0.072%$284K$89K50xas long as short
Lighter MET+0.0096%1h0.2781−0.036%$168K$425K5xas long as short
Hyperliquid MET+0.0100%1h0.2782−0.011%$3.8M$1.7M3xas long as short
Aster METUSDT+0.0100%4h0.2782+0.008%$52K$11K5xas long as short
Binance METUSDT+0.0100%4h0.2780−0.056%$4.8M$12.2M50xas long as short
OKX MET-USDT-SWAPlong+0.0100%4h0.2782long leg$1.2M$3.3M20x
Gate MET_USDTshort+0.0100%4h0.27820.000%$178K$172K50x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MET_USDT+0.0100%4h0.2780−0.072%$934K$281K20xas long as short
KuCoin METUSDTM+0.0100%4h0.2784+0.072%$1.3M$2.6M50xas long as short
Bitget METUSDT+0.0100%4h0.2785+0.108%$651K$866K25xas long as short
Backpack MET_USDC_PERP+0.0100%1h0.2783+0.022%$317K$308K5xas long as short
ApeX Omni METUSDT+0.0100%1h0.27820.000%$36K$118K50xas long as short
SunX MET-USDT+0.0100%4h0.27820.000%$2K$1.6M20xas long as short