Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against KuCoin+0.064%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,486as in the Price arb table
costs, in and out, $10k−$1,49814.977% of the position
Funding, last 7 days−0.810%−$81 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.064%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.118% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3126 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $658K | $24K | 30x |
| Short | MEXC MTL_USDT | 0.3128 | 0.0100 | get 0.0050% / 4h | 3h 45m | $264K | $130K | 50x |
KuCoin MTLUSDTM
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.064% → −0.054%
- $11.79
- Slippage, 4 orders
- −$1,481.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,485.94
- Costs to cover
- 14.977%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 min ago; MEXC: live order book, 35 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, 59 min ago | 25.60 bp | 867.3 bp −$867 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 3.22 bp | 17.1 bp −$17 | 100.5 bp −$1,005 | 178.0 bp −$17.8K | 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 | −0.032% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3128 | +0.055% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3129 | +0.103% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3122 | −0.128% | $1.0M | $902K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3125 | −0.032% | $151K | $76K | 25x | as long as short |
| MEXC MTL_USDTshort | +0.0100% | 4h | 0.3128 | +0.064% | $264K | $130K | 50x | |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3126 | long leg | $658K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3124 | −0.064% | $329K | $148K | 25x | as long as short |
| BloFin MTL-USDT | +0.0121% | 4h | 0.3129 | +0.096% | $108K | $8K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
Bitget MTLUSDT
BloFin MTL-USDT