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: KuCoin against Gate+0.032%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,041as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,960as in the Price arb table
costs, in and out, $10k−$1,95919.585% of the position
Funding, last 7 days−0.827%−$83 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.032%, 7d avg +0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MTL_USDT | 0.3105 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $167K | $37K | 25x |
| Short | KuCoin MTLUSDTM | 0.3106 | 0.0100 | get 0.0050% / 4h | 2h 33m | $659K | $25K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.032% → +0.048%
- −$1.59
- Slippage, 4 orders
- −$1,931.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,960.1
- Costs to cover
- 19.585%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; KuCoin: live order book, 49 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, 49 min ago | 9.65 bp | 295.3 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 28.95 bp | 550.9 bp −$551 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MTLUSDT | +0.0012% | 1h | 0.3138 | +1.061% | $2K | $8K | 5x | as long as short |
| BingX MTL-USDT | +0.0036% | 4h | 0.3105 | 0.000% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0049% | 4h | 0.3102 | −0.097% | $119K | $5K | 50x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3105 | +0.013% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDTlong | +0.0100% | 4h | 0.3105 | long leg | $167K | $37K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3105 | 0.000% | $269K | $134K | 50x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3106 | +0.032% | $659K | $25K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3105 | 0.000% | $344K | $94K | 25x | as long as short |
| Bybit MTLUSDT | +0.1450% | 8h | 0.3097 | −0.258% | $1.0M | $688K | 25x | as long as short |
Gate MTL_USDT
KuCoin MTLUSDTM
Aster MTLUSDT
BingX MTL-USDT
BloFin MTL-USDT
Binance MTLUSDT
MEXC MTL_USDT
Bitget MTLUSDT
Bybit MTLUSDT