Funding you earn now, next payment 00:00 UTC+0.0955%/8h= +104.6% APRpaid last 24h +0.162%
Price spread now: Bybit against MEXC−0.257%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs+$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days+1.815%+$181 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.257%, 7d avg −0.014%
=Funding pays, the price is against you. Bybit is 0.243% cheaper against MEXC than usual: you would sell low and buy high (spread −0.257% now, against its 7-day average of −0.014%). If the spread goes back, that is −$24 on $10k: about 20 hours of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3115 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $269K | $133K | 50x |
| Short | Bybit MTLUSDT | 0.3107 | 0.1055 | get 0.1055% / 8h | 1h 12m | $1.0M | $716K | 25x |
MEXC MTL_USDT
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $200.62
- Price spread: −0.257% → −0.014%
- −$24.32
- Slippage, 4 orders
- −$81.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $80.2
- Costs to cover
- 0.961%
- Break-even
- 4.2 days
Slippage from MEXC: live order book, 60 min ago; Bybit: live order book, 2 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, 60 min ago | 1.61 bp | 12.7 bp −$13 | 110.7 bp −$1,107 | 180.1 bp −$18.0K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.61 bp | 27.2 bp −$27 | 90.1 bp −$901 | 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 | 0.3113 | −0.064% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0072% | 4h | 0.3112 | −0.096% | $118K | $5K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3117 | +0.065% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3116 | +0.032% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3113 | −0.064% | $166K | $38K | 25x | as long as short |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3115 | long leg | $269K | $133K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3118 | +0.096% | $662K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3113 | −0.064% | $351K | $93K | 25x | as long as short |
| Bybit MTLUSDTshort | +0.1055% | 8h | 0.3107 | −0.257% | $1.0M | $716K | 25x |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT