Funding you earn now, next payment 00:00 UTC−0.0963%/8h= −105.5% APRpaid last 24h −0.155%
Price spread now: Bitget against Bybit+0.517%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days−1.246%−$125 on $10k
+Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.517%, 7d avg −0.027%
=The price spread pays, funding is against you. Bitget is 0.544% dearer against Bybit than usual: you sell high and buy low (spread +0.517% now, against its 7-day average of −0.027%): +$54 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3096 | 0.1063 | pay 0.1063% / 8h | 1h 21m | $1.0M | $717K | 25x |
| Short | Bitget MTLUSDT | 0.3112 | 0.0100 | get 0.0050% / 4h | 1h 21m | $350K | $94K | 25x |
Bybit MTLUSDT
Bitget MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$202.32
- Price spread: +0.517% → −0.027%
- $54.35
- Slippage, 4 orders
- −$132.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$303.8
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 54 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 | 1.61 bp | 38.9 bp −$39 | 449.4 bp −$4,494 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 4.84 bp | 50.3 bp −$50 | 439.3 bp −$4,393 | 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 | 0.3110 | +0.452% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0099% | 4h | 0.3119 | +0.743% | $118K | $5K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3111 | +0.491% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3113 | +0.546% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3116 | +0.646% | $167K | $38K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3114 | +0.581% | $269K | $133K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3110 | +0.452% | $660K | $25K | 30x | as long as short |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3112 | +0.517% | $350K | $94K | 25x | |
| Bybit MTLUSDTlong | +0.1063% | 8h | 0.3096 | long leg | $1.0M | $717K | 25x |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM