Funding arb · Price arb /

MET

all MET markets

Swap Backtest

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: MEXC against SunX−0.245%53s7-day average −0.035% · you buy dearer than you sell

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.245%, 7d avg −0.035%

Together, before fees−0.220%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.210% cheaper against SunX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 53 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	SunX MET-USDT	0.2857	0.0100	pay 0.0050% / 4h	3h 27m	$2K	$1.6M	20x
Short	MEXC MET_USDT	0.2850	0.0100	get 0.0050% / 4h	3h 27m	$1.0M	$279K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now −0.245%Rate

Funding earned: $0
Price spread: −0.245% → −0.035%: −$21.04
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$33.04
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 8 min ago; MEXC: live order book, 3 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 SunX live order book, 8 min ago	500.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.51 bp	12.3 bp −$12	33.1 bp −$331	229.1 bp −$22.9K	698.8 bp −$349.4K

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 −0.1723% / S +0.0247%	1h	0.2850	−0.245%	$10K	—	50x	as long as short
BloFin MET-USDT	+0.0095%	4h	0.2852	−0.175%	$294K	$88K	50x	as long as short
Hyperliquid MET	+0.0100%	1h	0.2854	−0.098%	$4.2M	$1.4M	3x	as long as short
Aster METUSDT	+0.0100%	4h	0.2852	−0.181%	$54K	$11K	5x	as long as short
Binance METUSDT	+0.0100%	4h	0.2852	−0.168%	$5.0M	$11.8M	50x	as long as short
Bybit METUSDT	+0.0100%	4h	0.2850	−0.245%	$5.0M	$3.1M	25x	as long as short
OKX MET-USDT-SWAP	+0.0100%	4h	0.2850	−0.245%	$1.3M	$3.4M	20x	as long as short
Gate MET_USDT	+0.0100%	4h	0.2854	−0.105%	$193K	$185K	50x	as long as short
MEXC MET_USDTshort	+0.0100%	4h	0.2850	−0.245%	$1.0M	$279K	20x
KuCoin METUSDTM	+0.0100%	4h	0.2852	−0.175%	$1.3M	$2.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget METUSDT	+0.0100%	4h	0.2852	−0.175%	$684K	$871K	25x	as long as short
ApeX Omni METUSDT	+0.0100%	1h	0.2847	−0.350%	$36K	$116K	50x	as long as short
SunX MET-USDTlong	+0.0100%	4h	0.2857	long leg	$2K	$1.6M	20x
Phoenix MET	+0.0197%	1h	0.2853	−0.158%	$15K	$15K	5x	as long as short
Lighter MET	+0.0488%	1h	0.2858	+0.028%	$257K	$278K	5x	as long as short
Backpack MET_USDC_PERP	+0.0692%	1h	0.2856	−0.021%	$334K	$264K	5x	as long as short