Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate0.000%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$782as in the Funding arb table
Net, price: spread back to 7d avg − costs−$663as in the Price arb table
costs, in and out, $10k−$6676.673% of the position
Funding, last 7 days−1.151%−$115 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now 0.000%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MTL_USDT | 0.3135 | 0.0100 | pay 0.0050% / 4h | 37m 05s | $167K | $35K | 25x |
| Short | Bitget MTLUSDT | 0.3135 | 0.0100 | get 0.0050% / 4h | 37m 05s | $350K | $95K | 25x |
Gate MTL_USDT
Bitget MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: 0.000% → −0.045%
- $4.47
- Slippage, 4 orders
- −$640.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$662.79
- Costs to cover
- 6.673%
- Break-even
- never at this rate
Slippage from Gate: live order book, 34 min ago; Bitget: live order book, 33 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 Gate live order book, 34 min ago | 4.82 bp | 298.2 bp −$298 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 3.21 bp | 37.6 bp −$38 | 347.1 bp −$3,471 | 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 | 0.3136 | +0.032% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3139 | +0.114% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3138 | +0.096% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDTlong | +0.0100% | 4h | 0.3135 | long leg | $167K | $35K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3138 | +0.096% | $271K | $131K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3140 | +0.159% | $666K | $24K | 30x | as long as short |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3135 | 0.000% | $350K | $95K | 25x | |
| BloFin MTL-USDT | +0.0122% | 4h | 0.3138 | +0.096% | $119K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.0947% | 8h | 0.3126 | −0.287% | $1.0M | $714K | 25x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
MEXC MTL_USDT
KuCoin MTLUSDTM
BloFin MTL-USDT
Bybit MTLUSDT