MET funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best MET arbitrage after every cost
No MET pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
MET funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Backpack | MET_USDC_PERP | 0.0013% | 1 h | +10.9% | +19.4% | $64.7K | 2026-11-11 23:00 |
| WhiteBIT | MET_PERP | 0.0050% | 4 h | +10.9% | +1.4% | $847.1K | 2026-11-12 00:00 |
| ApeX | MET-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $13.5K | 2026-11-11 23:00 |
| Lighter | MET | 0.0012% | 1 h | +10.5% | −19.3% | $159.4K | 2026-11-11 23:00 |
| Bybit | METUSDT | 0.0023% | 4 h | +5.0% | −8.1% | $2.5M | 2026-11-12 00:00 |
| Bitget | METUSDT | 0.0019% | 4 h | +4.2% | +4.6% | $611.5K | 2026-11-12 00:00 |
| Aster | METUSDT | 0.0017% | 4 h | +3.7% | +1.1% | $37.7K | 2026-11-12 00:00 |
| KuCoin | METUSDTM | 0.0016% | 4 h | +3.5% | −4.0% | $712.6K | 2026-11-12 00:00 |
| OKX | MET-USDT-SWAP | -0.0017% | 4 h | −3.6% | −4.7% | $1.2M | 2026-11-12 00:00 |
| BloFin | MET-USDT | -0.0054% | 4 h | −11.7% | −7.6% | $233.2K | 2026-11-12 00:00 |
| MEXC | MET_USDT | -0.0072% | 4 h | −15.8% | −8.3% | $471.1K | 2026-11-12 00:00 |
| WOO X | PERP_MET_USDT | -0.0072% | 4 h | −15.9% | −8.2% | $2K | 2026-11-12 00:00 |
| Bitunix | METUSDT | -0.0073% | 4 h | −15.9% | −8.1% | — | 2026-11-12 00:00 |
| Binance | METUSDT | -0.0073% | 4 h | −16.1% | −8.1% | $3.4M | 2026-11-12 00:00 |
| Hyperliquid | MET | -0.0023% | 1 h | −20.4% | −6.5% | $2.2M | 2026-11-11 23:00 |
| Gate | MET_USDT | -0.0124% | 4 h | −27.2% | +2.2% | $69.7K | 2026-11-12 00:00 |
| TXFlow | MET-USDC | -0.0034% | 1 h | −29.9% | — | $31.8K | 2026-11-11 23:00 |
| Phoenix | MET | -0.0044% | 1 h | −38.4% | −40.1% | — | 2026-11-11 23:00 |
| Crypto.com | METUSD-PERP | -0.0176% | 1 h | −154.0% | −100.5% | $5.8K | 2026-11-11 23:00 |
Borrow MET to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.38% | — |
| Bybit | 15.73% | — |
| OKX | 21.27% | — |
| Gate | 34.34% | $30K |
| Binance | 60.04% | — |
Cost to enter $10,000 of MET
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Backpack | MET_USDC_PERP | 9.2 bp * | order-book snapshot, 56 min old |
| KuCoin | METUSDTM | 30.8 bp | order-book snapshot, 5 min old |
| ApeX | MET-USDT | 268.6 bp * | order-book snapshot, 54 min old |
| Lighter | MET | 3.9 bp | top of book only |
| MEXC | MET_USDT | 5.7 bp | top of book only |
| Binance | METUSDT | 6.7 bp | top of book only |
| OKX | MET-USDT-SWAP | 8.4 bp | top of book only |
| Bybit | METUSDT | 8.9 bp | top of book only |
| Gate | MET_USDT | 10.9 bp | top of book only |
| Bitget | METUSDT | 11.1 bp | top of book only |
| BloFin | MET-USDT | 11.1 bp | top of book only |
| Hyperliquid | MET | 12.5 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on MET
Questions
Is MET funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no MET pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest MET funding rate?
Backpack at +10.9% a year (0.0013% every 1 h); the lowest is Crypto.com at −154.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.