Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.230%
Price spread now: KuCoin against Bybit+0.223%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,398as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,205as in the Price arb table
costs, in and out, $10k−$1,22012.197% of the position
Funding, last 7 days−1.786%−$179 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.223%, 7d avg +0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.147% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3141 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $1.1M | $963K | 25x |
| Short | KuCoin MTLUSDTM | 0.3148 | 0.0100 | get 0.0050% / 4h | 46m 48s | $664K | $22K | 30x |
Bybit MTLUSDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.223% → +0.076%
- $14.66
- Slippage, 4 orders
- −$1,196.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,205.01
- Costs to cover
- 12.197%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 37 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 | 3.18 bp | 45.8 bp −$46 | 1287.9 bp −$12.9K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 37 min ago | 20.55 bp | 583.5 bp −$583 | 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 | −0.0600% | 4h | 0.3146 | +0.159% | $114K | $7K | 50x | as long as short |
| Binance MTLUSDT | −0.0573% | 4h | 0.3146 | +0.155% | $1.7M | $4.8M | 50x | as long as short |
| MEXC MTL_USDT | −0.0572% | 4h | 0.3146 | +0.159% | $290K | $135K | 50x | as long as short |
| BingX MTL-USDT | −0.0538% | 4h | 0.3143 | +0.064% | — | $1.3M | — | as long as short |
| Bitget MTLUSDT | −0.0162% | 4h | 0.3145 | +0.127% | $343K | $115K | 25x | as long as short |
| Aster MTLUSDT | −0.0038% | 1h | 0.3148 | +0.218% | $2K | $8K | 5x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3141 | long leg | $1.1M | $963K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3144 | +0.096% | $156K | $64K | 25x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3148 | +0.223% | $664K | $22K | 30x |
BloFin MTL-USDT
Binance MTLUSDT
MEXC MTL_USDT
BingX MTL-USDT
Bitget MTLUSDT
Aster MTLUSDT
Gate MTL_USDT