Funding you earn now, next payment 04:00 UTC−0.0762%/8h= −83.4% APRpaid last 24h −0.234%
Price spread now: MEXC against Bybit+0.157%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1221.220% of the position
Funding, last 7 days−2.715%−$272 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.157%, 7d avg +0.021%
=The price spread pays, funding is against you. MEXC is 0.136% dearer against Bybit than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.021%): +$14 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3187 | 0.0100 | pay 0.0100% / 8h | 6h 26m | $1.1M | $997K | 25x |
| Short | MEXC MTL_USDT | 0.3192 | −0.0662 | pay 0.0331% / 4h | 2h 26m | $282K | $140K | 50x |
Bybit MTLUSDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$160.02
- Price spread: +0.157% → +0.021%
- $13.61
- Slippage, 4 orders
- −$107
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$268.41
- Costs to cover
- 1.220%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 23 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, 3 min ago | 3.14 bp | 42.8 bp −$43 | 577.4 bp −$5,774 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 3.15 bp | 16.3 bp −$16 | 119.8 bp −$1,198 | 181.4 bp −$18.1K | doesn't fit |
MTL on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MTLUSDT | −0.0662% | 4h | 0.3193 | +0.180% | $1.8M | $4.9M | 50x | as long as short |
| MEXC MTL_USDTshort | −0.0662% | 4h | 0.3192 | +0.157% | $282K | $140K | 50x | |
| BingX MTL-USDT | −0.0650% | 4h | 0.3193 | +0.188% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | −0.0482% | 1h | 0.3195 | +0.262% | $2K | $8K | 5x | as long as short |
| Bitget MTLUSDT | −0.0228% | 4h | 0.3188 | +0.031% | $347K | $122K | 25x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3187 | long leg | $1.1M | $997K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3192 | +0.157% | $158K | $65K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3192 | +0.157% | $673K | $25K | 30x | as long as short |
Binance MTLUSDT
BingX MTL-USDT
Aster MTLUSDT
Bitget MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM