ArbiLayer

METIS arbitrage

live

Live Metis price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.01%OKX → Bybit · Perp–Perp
Best perp–perp spread+0.15%OKX → Bybit
Markets tracked159 venues · 9 perp · 6 spot · 0 DEX
Price range0.20%$3.31 – $3.32

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

METIS price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · METIS_USDTPerpetual $3.31$3.31$3.31-0.03% +0.030%$5.93M
Bybit logoBybitPerpetual · METISUSDTPerpetual $3.31$3.32$3.32+0.11% +0.030%$601.1K
Bitget logoBitgetPerpetual · METISUSDTPerpetual $3.31$3.31$3.31-0.03% +0.030%$550.8K
OKX logoOKXPerpetual · METIS-USDT-SWAPPerpetual $3.31$3.31$3.31-0.09% +0.021%$528.8K
KuCoin logoKuCoinPerpetual · METISUSDTMPerpetual $3.31$3.31$3.31+0.02% +0.030%$168.5K
OKX logoOKXSpot · METIS-USDTSpot $3.31$3.31$3.310.00% —$168.2K
MEXC logoMEXCPerpetual · METIS_USDTPerpetual $3.31$3.31$3.31-0.03% +0.030%$139.0K
KuCoin logoKuCoinSpot · METIS-USDTSpot $3.31$3.32$3.32+0.11% —$48.9K
Gate logoGateSpot · METIS_USDTSpot $3.31$3.31$3.31-0.02% —$46.3K
Bitget logoBitgetSpot · METISUSDTSpot $3.31$3.32$3.31+0.06% —$41.8K
Variational logoVariationalPerpetual · METISPerpetual $3.30$3.32$3.31+0.00% +0.030%$23.4K
Binance logoBinancePerpetual · METISUSDTPerpetual $3.31$3.31$3.31-0.09% +0.030%—
Aster logoAsterPerpetual · METISUSDTPerpetual $3.31$3.31$3.31-0.03% -0.008%—
Binance logoBinanceSpot · METISUSDTSpot $3.31$3.32$3.32+0.11% ——
MEXC logoMEXCSpot · METISUSDTSpot $3.31$3.32$3.31+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

METIS arbitrage explained

Right now Metis (METIS) trades on 9 venues we scan: 9 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $3.31 and the highest bid on Bybit perp at $3.31.

The widest METIS perpetual spread is between OKX and Bybit: long METIS on OKX at $3.31 and short on Bybit at $3.31 for +0.15% gross, or -0.01% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.009% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best METIS route is to buy spot on Gate and short the perpetual on Bybit: +0.06% gross, -0.14% net, with +0.030% a day of funding on the short leg.

Spot–spot METIS arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small METIS gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: METIS funding rates · METIS spread charts · Metis price · arbitrage scanner for all coins.

Is there a METIS arbitrage opportunity right now?

The best METIS route right now is to buy on OKX → sell on Bybit (Perp–Perp): +0.15% gross and -0.01% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest METIS?

OKX (perp) has the lowest METIS ask at $3.31, and Bybit (perp) the highest bid at $3.31. Prices update every 15 seconds on this page.

How many exchanges list METIS?

ArbiLayer tracks 15 METIS markets on 9 venues: 9 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage METIS without transferring coins?

Use two perpetual contracts: go long METIS on the cheaper exchange (OKX now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins