Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Gate0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$792as in the Funding arb table
Net, price: spread back to 7d avg − costs−$627as in the Price arb table
costs, in and out, $10k−$6286.280% of the position
Funding, last 7 days−1.638%−$164 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now 0.000%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MTL_USDT | 0.3095 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $166K | $37K | 25x |
| Short | MEXC MTL_USDT | 0.3095 | 0.0100 | get 0.0050% / 4h | 1h 54m | $267K | $131K | 50x |
Gate MTL_USDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.006%
- $0.61
- Slippage, 4 orders
- −$609.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$627.4
- Costs to cover
- 6.280%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; MEXC: live order book, 19 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, 22 min ago | 4.84 bp | 302.0 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 19 min ago | 1.61 bp | 7.1 bp −$7 | 100.6 bp −$1,006 | 178.9 bp −$17.9K | 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 | +0.0031% | 1h | 0.3099 | +0.141% | $2K | $8K | 5x | as long as short |
| BingX MTL-USDT | +0.0036% | 4h | 0.3091 | −0.129% | — | $1.3M | — | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3094 | −0.023% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDTlong | +0.0100% | 4h | 0.3095 | long leg | $166K | $37K | 25x | |
| MEXC MTL_USDTshort | +0.0100% | 4h | 0.3095 | 0.000% | $267K | $131K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3097 | +0.065% | $657K | $25K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3096 | +0.032% | $342K | $94K | 25x | as long as short |
| BloFin MTL-USDT | +0.0124% | 4h | 0.3095 | 0.000% | $119K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.1126% | 8h | 0.3083 | −0.388% | $1.0M | $687K | 25x | as long as short |
Aster MTLUSDT
BingX MTL-USDT
Binance MTLUSDT
KuCoin MTLUSDTM
Bitget MTLUSDT
BloFin MTL-USDT
Bybit MTLUSDT