Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.230%
Price spread now: Bybit against KuCoin−0.128%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$959as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,117as in the Price arb table
costs, in and out, $10k−$1,11211.118% of the position
Funding, last 7 days+1.523%+$152 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.128%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.049% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3125 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $657K | $24K | 30x |
| Short | Bybit MTLUSDT | 0.3121 | 0.0100 | get 0.0100% / 8h | 2h 19m | $1.0M | $923K | 25x |
KuCoin MTLUSDTM
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.128% → −0.079%
- −$4.88
- Slippage, 4 orders
- −$1,088.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,116.67
- Costs to cover
- 11.118%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 40 min ago; Bybit: live order book, 1 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, 40 min ago | 23.94 bp | 501.0 bp −$501 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.20 bp | 52.9 bp −$53 | 947.7 bp −$9,477 | 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 | 0.000% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3128 | +0.084% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3128 | +0.106% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDTshort | +0.0100% | 8h | 0.3121 | −0.128% | $1.0M | $923K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3123 | −0.064% | $152K | $78K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3127 | +0.064% | $265K | $129K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3125 | long leg | $657K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3127 | +0.064% | $342K | $128K | 25x | as long as short |
| BloFin MTL-USDT | +0.0115% | 4h | 0.3119 | −0.192% | $110K | $7K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT
BloFin MTL-USDT