Settings8H · net · $10k
LanguageThe language of the site
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
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Funding arb · Price arb / Crypto

MTL

All MTL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
TxFlowMTL-USDC
0.2703−0.3636get 0.0455% / 1h20m 20s$7K$109K10xLong TxFlow5% off
SHORT
MEXCMTL_USDT
0.2708−0.3638pay 0.1819% / 4h2h 20m$122K$233K50xShort MEXC
Price gap+0.185%
Funding gap−0.0002% /8h

Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$100−0.0002% /8h now · paid +1.003% over the last 7D
Price+$4spread +0.185% now, avg +0.141% → +0.043% if it goes back
Costs−$870.875% of $10k · taker + slippage, in and out
Result+$17+0.17%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.185%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MTL on 10 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size28.9 / 18.5 bp
    At $10k entering TxFlow costs 28.9 bp, fee and slippage, 1.6× MEXC’s.
  • Note: Margin at max leverage$1,000 + $200
    TxFlow 10x, MEXC 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.06Long TxFlow: 24 payments, +$109.08; short MEXC: 6 payments, −$109.14.
  • OK: Entry gap works for you+0.185% vs +0.141%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$7K vs $122K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCTxFlow No · MEXC Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0478%/8h × 21 periods+$100.32
Price spread+0.185% → +0.141% (7d avg)+$4.35
Slippage, 4 orderslive order books−$74.49
Fee TxFlow bp × 2 orders−$9.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k+$17.18
Costs to cover0.875%Break-even5.8 days
Slippage: TxFlow: live order book, 32 min ago; MEXC: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow1.8528.9 bp−$29229.6 bp−$2,296doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.8518.5 bp−$19105.5 bp−$1,055181.7 bp−$18.2Kdoesn’t fit

Closing costs about the same again.

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