Funding you earn now, next payment 04:00 UTC+0.0772%/8h= +84.5% APRnext payment +$3.86 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against MEXC−0.094%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,051as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,147as in the Price arb table
costs, in and out, $10k−$1,13311.326% of the position
Funding, last 7 days+0.819%+$82 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.094%, 7d avg +0.053%
=Funding pays, the price is against you. KuCoin is 0.148% cheaper against MEXC than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.053%). If the spread goes back, that is −$15 on $10k: about 15 hours of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3186 | −0.0672 | get 0.0336% / 4h | 2h 22m | $282K | $140K | 50x |
| Short | KuCoin MTLUSDTM | 0.3183 | 0.0100 | get 0.0050% / 4h | 2h 22m | $671K | $25K | 30x |
MEXC MTL_USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $162.12
- Price spread: −0.094% → +0.053%
- −$14.76
- Slippage, 4 orders
- −$1,116.6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$985.24
- Costs to cover
- 11.326%
- Break-even
- 49.5 days
Slippage from MEXC: live order book, 27 min ago; KuCoin: live order book, 16 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, 27 min ago | 3.15 bp | 15.9 bp −$16 | 117.7 bp −$1,177 | 178.1 bp −$17.8K | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 31.59 bp | 521.7 bp −$522 | doesn't fit | doesn't fit | doesn't fit |
MTL on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MTLUSDT | −0.0673% | 4h | 0.3185 | −0.026% | $1.7M | $4.9M | 50x | as long as short |
| MEXC MTL_USDTlong | −0.0672% | 4h | 0.3186 | long leg | $282K | $140K | 50x | |
| BingX MTL-USDT | −0.0628% | 4h | 0.3180 | −0.188% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | −0.0420% | 1h | 0.3183 | −0.089% | $2K | $8K | 5x | as long as short |
| Bitget MTLUSDT | −0.0244% | 4h | 0.3180 | −0.188% | $346K | $122K | 25x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3177 | −0.282% | $1.1M | $976K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3182 | −0.126% | $158K | $65K | 25x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3183 | −0.094% | $671K | $25K | 30x |
Binance MTLUSDT
BingX MTL-USDT
Aster MTLUSDT
Bitget MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT