Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against Bitget0.000%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$646as in the Price arb table
costs, in and out, $10k−$6426.418% of the position
Funding, last 7 days+1.264%+$126 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.045% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MTLUSDT | 0.3127 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $345K | $120K | 25x |
| Short | Gate MTL_USDT | 0.3127 | 0.0100 | get 0.0050% / 4h | 3h 33m | $152K | $76K | 25x |
Bitget MTLUSDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: 0.000% → +0.045%
- −$4.51
- Slippage, 4 orders
- −$614.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$646.35
- Costs to cover
- 6.418%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 11 min ago; Gate: live order book, 12 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 Bitget live order book, 11 min ago | 3.19 bp | 37.6 bp −$38 | 366.6 bp −$3,666 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 3.19 bp | 275.4 bp −$275 | doesn't fit | 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 | −0.0041% | 4h | 0.3134 | +0.224% | $111K | $7K | 50x | as long as short |
| BingX MTL-USDT | −0.0006% | 4h | 0.3120 | −0.224% | — | $1.3M | — | as long as short |
| MEXC MTL_USDT | +0.0014% | 4h | 0.3125 | −0.064% | $279K | $127K | 50x | as long as short |
| Binance MTLUSDT | +0.0022% | 4h | 0.3126 | −0.029% | $1.7M | $4.8M | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3125 | −0.079% | $2K | $9K | 5x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3120 | −0.224% | $1.0M | $949K | 25x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3127 | 0.000% | $152K | $76K | 25x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3128 | +0.032% | $659K | $23K | 30x | as long as short |
| Bitget MTLUSDTlong | +0.0100% | 4h | 0.3127 | long leg | $345K | $120K | 25x |
BloFin MTL-USDT
BingX MTL-USDT
MEXC MTL_USDT
Binance MTLUSDT
Aster MTLUSDT
Bybit MTLUSDT
KuCoin MTLUSDTM