Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against BingX+0.083%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days−0.169%−$17 · spread now +0.083%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.143% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MTL-USDT | 0.3176 | −0.0738 | get 0.0369% / 4h | 1h 17m | — | $1.3M | — |
| Short | Binance MTLUSDT | 0.3179 | −0.0725 | pay 0.0363% / 4h | 1h 17m | $1.7M | $4.8M | 50x |
BingX MTL-USDT
Binance MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $2.7
- Price spread: +0.083% → −0.060%
- $14.27
- Slippage, 4 orders
- −$99.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.49
- Costs to cover
- 1.195%
- Break-even
- 272.7 days
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 5 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 BingX live order book, 4 min ago | 4.73 bp | 34.1 bp −$34 | 184.8 bp −$1,848 | 728.0 bp −$72.8K | 1217.5 bp −$608.8K |
| Sell Binance live order book, 5 min ago | 3.15 bp | 34.1 bp −$34 | 126.2 bp −$1,262 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MTL-USDT | −0.0770% | 4h | 0.3180 | +0.126% | $115K | $7K | 50x | as long as short |
| BingX MTL-USDTlong | −0.0738% | 4h | 0.3176 | long leg | — | $1.3M | — | |
| MEXC MTL_USDT | −0.0736% | 4h | 0.3179 | +0.094% | $294K | $139K | 50x | as long as short |
| Binance MTLUSDTshort | −0.0725% | 4h | 0.3179 | +0.083% | $1.7M | $4.8M | 50x | |
| Aster MTLUSDT | −0.0543% | 1h | 0.3179 | +0.100% | $2K | $8K | 5x | as long as short |
| Bitget MTLUSDT | −0.0224% | 4h | 0.3174 | −0.063% | $346K | $115K | 25x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3168 | −0.252% | $1.1M | $959K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3177 | +0.031% | $158K | $66K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3178 | +0.063% | $670K | $23K | 30x | as long as short |
BloFin MTL-USDT
MEXC MTL_USDT
Aster MTLUSDT
Bitget MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM