Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Binance against KuCoin−0.256%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,607as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,546as in the Price arb table
costs, in and out, $10k−$1,52515.249% of the position
Funding, last 7 days−0.817%−$82 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.256%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.212% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3129 | 0.0100 | pay 0.0050% / 4h | 41m 12s | $659K | $24K | 30x |
| Short | Binance MTLUSDT | 0.3121 | 0.0100 | get 0.0050% / 4h | 41m 12s | $1.7M | $4.7M | 50x |
KuCoin MTLUSDTM
Binance MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.256% → −0.043%
- −$21.23
- Slippage, 4 orders
- −$1,502.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,546.17
- Costs to cover
- 15.249%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 11 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 KuCoin live order book, 3 min ago | 25.60 bp | 867.3 bp −$867 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.60 bp | 31.6 bp −$32 | 119.3 bp −$1,193 | 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 | 0.3125 | −0.128% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3126 | −0.106% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDTshort | +0.0100% | 4h | 0.3121 | −0.256% | $1.7M | $4.7M | 50x | |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3116 | −0.415% | $1.0M | $903K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3121 | −0.256% | $150K | $80K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3122 | −0.224% | $280K | $128K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3129 | long leg | $659K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3119 | −0.320% | $341K | $127K | 25x | as long as short |
| BloFin MTL-USDT | +0.0146% | 4h | 0.3118 | −0.352% | $109K | $8K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT
BloFin MTL-USDT