Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.263%
Price spread now: BingX against Bybit+0.128%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1451.445% of the position
Funding, last 7 days−2.500%−$250 on $10k
+Price spread, last 7 days−0.487%−$49 · spread now +0.128%, 7d avg −0.150%
=The price spread pays, funding is against you. BingX is 0.279% dearer against Bybit than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of −0.150%): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−2.500% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3115 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $1.0M | $930K | 25x |
| Short | BingX MTL-USDT | 0.3119 | 0.0036 | get 0.0018% / 4h | 2h 41m | — | $1.3M | — |
Bybit MTLUSDT
BingX MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$13.44
- Price spread: +0.128% → −0.150%
- $27.88
- Slippage, 4 orders
- −$123.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.1
- Costs to cover
- 1.445%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 10 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 Bybit live order book, 4 min ago | 3.21 bp | 51.2 bp −$51 | 1294.4 bp −$12.9K | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.20 bp | 26.8 bp −$27 | 100.6 bp −$1,006 | 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-USDTshort | +0.0036% | 4h | 0.3119 | +0.128% | — | $1.3M | — | |
| BloFin MTL-USDT | +0.0047% | 4h | 0.3130 | +0.482% | $111K | $7K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3120 | +0.168% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3123 | +0.249% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3115 | long leg | $1.0M | $930K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3119 | +0.128% | $151K | $77K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3121 | +0.193% | $279K | $127K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3123 | +0.257% | $658K | $23K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3123 | +0.257% | $342K | $126K | 25x | as long as short |
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT