Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against MEXC−0.311%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days+0.546%+$55 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.311%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.268% cheaper against MEXC than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3216 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $294K | $136K | 50x |
| Short | Bitget MTLUSDT | 0.3206 | 0.0100 | get 0.0050% / 4h | 3h 41m | $353K | $115K | 25x |
MEXC MTL_USDT
Bitget MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: −0.311% → −0.043%
- −$26.84
- Slippage, 4 orders
- −$105.37
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$148.21
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; Bitget: live order book, 23 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 MEXC live order book, 13 min ago | 3.15 bp | 19.6 bp −$20 | 126.3 bp −$1,263 | 174.3 bp −$17.4K | doesn't fit |
| Sell Bitget live order book, 23 min ago | 3.19 bp | 44.0 bp −$44 | 274.2 bp −$2,742 | 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 | 0.3221 | +0.155% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3227 | +0.352% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3214 | −0.062% | $1.8M | $4.3M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3209 | −0.218% | $1.1M | $864K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3218 | +0.062% | $167K | $51K | 25x | as long as short |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3216 | long leg | $294K | $136K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3217 | +0.031% | $679K | $26K | 30x | as long as short |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3206 | −0.311% | $353K | $115K | 25x | |
| BloFin MTL-USDT | +0.0101% | 4h | 0.3209 | −0.218% | $120K | $6K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
BloFin MTL-USDT