data as of
Settings8H · net · $10k
Funding arb /

MTL

all MTL markets
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Funding spread now, next payment 16:00 UTC+0.1485%/8h
paid, last 24h+0.013%paid, last 7 days+0.791%to open and close $10k−$148
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.791% in total (about 41.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MTLUSDT0.31050.0100pay 0.0050% / 4h2h 38m$1.8M$3.1M50x
ShortBybit MTLUSDT0.31060.1585get 0.1585% / 8h2h 38m$1.0M$575K25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$311.9
Slippage, 4 orders
−$127.48
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$163.42
Break-even
3.3 days
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.032%
Avg gap 7d
+0.381%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago1.60 bp25.3 bp −$25161.4 bp −$1,614doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.22 bp48.7 bp −$49454.6 bp −$4,546doesn't fitdoesn't fit

MTL on 9 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX MTL-USDT+0.0036%4h$1.3Mas long as short
BloFin MTL-USDT+0.0069%4h$132K$5K50xas long as short
Aster MTLUSDT+0.0094%1h$2K$8K5xas long as short
Binance MTLUSDTlong+0.0100%4h$1.8M$3.1M50x
Gate MTL_USDT+0.0100%4h$168K$36K25xas long as short
MEXC MTL_USDT+0.0100%4h$317K$127K50xas long as short
KuCoin MTLUSDTM+0.0100%4h$667K$27K30xas long as short
Bitget MTLUSDT+0.0100%4h$357K$118K25xas long as short
Bybit MTLUSDTshort+0.1585%8h$1.0M$575K25x