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 KuCoin+0.097%7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,059as in the Price arb table
costs, in and out, $10k−$1,07810.782% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.097%, 7d avg −0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.190% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3097 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $657K | $25K | 30x |
| Short | Bitget MTLUSDT | 0.3100 | 0.0100 | get 0.0050% / 4h | 1h 42m | $343K | $93K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.097% → −0.094%
- $19.05
- Slippage, 4 orders
- −$1,054.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,059.13
- Costs to cover
- 10.782%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 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 KuCoin live order book, 31 min ago | 19.36 bp | 548.6 bp −$549 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 4.84 bp | 50.3 bp −$50 | 439.3 bp −$4,393 | 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 | 0.3100 | +0.097% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3099 | +0.072% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3101 | +0.144% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3095 | −0.065% | $166K | $37K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3101 | +0.129% | $268K | $132K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3097 | long leg | $657K | $25K | 30x | |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3100 | +0.097% | $343K | $93K | 25x | |
| BloFin MTL-USDT | +0.0125% | 4h | 0.3101 | +0.129% | $119K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.1094% | 8h | 0.3090 | −0.226% | $1.0M | $687K | 25x | as long as short |
KuCoin MTLUSDTM
Bitget MTLUSDT
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
BloFin MTL-USDT
Bybit MTLUSDT