Settings8H · net · $10k
Funding arb · Price arb /

MTL

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Alert: funding
Alert: spread
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: Gate against KuCoin−0.032%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,535as in the Price arb table
costs, in and out, $10k−$1,53715.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.865%+$87 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.032%, 7d avg −0.049%
Together, before fees+0.854%+$85 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MTLUSDTM0.31300.0100pay 0.0050% / 4h5m 54s$664K$24K30x
ShortGate MTL_USDT0.31290.0100get 0.0050% / 4h5m 54s$167K$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.032% → −0.049%
$1.73
Slippage, 4 orders
−$1,509.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,534.94
Costs to cover
15.367%
Break-even
never at this rate
Slippage from KuCoin: live order book, 58 min ago; Gate: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 58 min ago12.80 bp481.4 bp −$481doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 65 min ago4.82 bp284.2 bp −$284doesn't fitdoesn't fitdoesn't fit

MTL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MTL-USDT+0.0036%4h0.3128−0.064%$1.3Mas long as short
Aster MTLUSDT+0.0100%1h0.3131+0.026%$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h0.31300.000%$1.8M$3.5M50xas long as short
Gate MTL_USDTshort+0.0100%4h0.3129−0.032%$167K$36K25x
MEXC MTL_USDT+0.0100%4h0.31300.000%$279K$134K50xas long as short
KuCoin MTLUSDTMlong+0.0100%4h0.3130long leg$664K$24K30x
Bitget MTLUSDT+0.0100%4h0.3129−0.032%$345K$93K25xas long as short
BloFin MTL-USDT+0.0104%4h0.3133+0.096%$120K$5K50xas long as short
Bybit MTLUSDT+0.0866%8h0.3124−0.192%$1.0M$714K25xas long as short