Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.032%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.032%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MTLUSDT | 0.3135 | 0.0100 | pay 0.0050% / 4h | 2m 48s | $1.8M | $3.5M | 50x |
| Short | MEXC MTL_USDT | 0.3134 | 0.0100 | get 0.0050% / 4h | 2m 48s | $279K | $135K | 50x |
Binance MTLUSDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.032% → −0.009%
- −$2.32
- Slippage, 4 orders
- −$74.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.04
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 57 min ago.
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 Binance live order book, 3 min ago | 1.60 bp | 31.8 bp −$32 | 213.5 bp −$2,135 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 1.60 bp | 8.7 bp −$9 | 98.7 bp −$987 | 177.2 bp −$17.7K | doesn't fit |
MTL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MTL-USDT | +0.0036% | 4h | 0.3130 | −0.159% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0084% | 4h | 0.3133 | −0.064% | $119K | $5K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3138 | +0.088% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDTlong | +0.0100% | 4h | 0.3135 | long leg | $1.8M | $3.5M | 50x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3135 | 0.000% | $167K | $36K | 25x | as long as short |
| MEXC MTL_USDTshort | +0.0100% | 4h | 0.3134 | −0.032% | $279K | $135K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3138 | +0.096% | $666K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3130 | −0.159% | $345K | $93K | 25x | as long as short |
| Bybit MTLUSDT | +0.0843% | 8h | 0.3128 | −0.223% | $1.0M | $715K | 25x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT
Bybit MTLUSDT