Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against KuCoin−0.064%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,082as in the Funding arb table
Net, price: spread back to 7d avg − costs−$996as in the Price arb table
costs, in and out, $10k−$9979.966% of the position
Funding, last 7 days−0.851%−$85 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now −0.064%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3137 | 0.0100 | pay 0.0050% / 4h | 47m 03s | $666K | $24K | 30x |
| Short | BloFin MTL-USDT | 0.3135 | 0.0054 | get 0.0027% / 4h | 47m 03s | $119K | $5K | 50x |
KuCoin MTLUSDTM
BloFin MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.65
- Price spread: −0.064% → −0.067%
- $0.31
- Slippage, 4 orders
- −$972.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,005.96
- Costs to cover
- 9.966%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; BloFin: live order book, 13 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, 16 min ago | 12.80 bp | 481.4 bp −$481 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 1.60 bp | 24.7 bp −$25 | 90.3 bp −$903 | 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 | 0.3140 | +0.096% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTshort | +0.0054% | 4h | 0.3135 | −0.064% | $119K | $5K | 50x | |
| Aster MTLUSDT | +0.0100% | 1h | 0.3138 | +0.025% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3135 | −0.064% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3134 | −0.096% | $167K | $35K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3134 | −0.096% | $271K | $131K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3137 | long leg | $666K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3135 | −0.064% | $350K | $96K | 25x | as long as short |
| Bybit MTLUSDT | +0.0997% | 8h | 0.3128 | −0.287% | $1.0M | $717K | 25x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT
Bybit MTLUSDT