Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against BloFin+0.032%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$654as in the Price arb table
costs, in and out, $10k−$6556.552% of the position
Funding, last 7 days+1.638%+$164 on $10k
+Price spread, last 3 days (all we have)+0.378%+$38 · spread now +0.032%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3103 | 0.0074 | pay 0.0037% / 4h | 2h 52m | $120K | $5K | 50x |
| Short | Gate MTL_USDT | 0.3104 | 0.0100 | get 0.0050% / 4h | 2h 52m | $167K | $37K | 25x |
BloFin MTL-USDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $5.43
- Price spread: +0.032% → +0.020%
- $1.21
- Slippage, 4 orders
- −$628.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$648.52
- Costs to cover
- 6.552%
- Break-even
- 842.5 days
Slippage from BloFin: live order book, 27 min ago; Gate: live order book, 30 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 BloFin live order book, 27 min ago | 1.61 bp | 17.4 bp −$17 | 95.9 bp −$959 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.65 bp | 319.5 bp −$320 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MTL-USDT | +0.0036% | 4h | 0.3106 | +0.097% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTlong | +0.0074% | 4h | 0.3103 | long leg | $120K | $5K | 50x | |
| Aster MTLUSDT | +0.0100% | 1h | 0.3109 | +0.199% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3106 | +0.108% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3104 | +0.032% | $167K | $37K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3106 | +0.097% | $269K | $133K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3107 | +0.129% | $659K | $26K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3102 | −0.032% | $344K | $93K | 25x | as long as short |
| Bybit MTLUSDT | +0.1698% | 8h | 0.3099 | −0.129% | $1.0M | $689K | 25x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT
Bybit MTLUSDT