Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Binance+0.032%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$742as in the Price arb table
costs, in and out, $10k−$7417.410% of the position
Funding, last 7 days+0.840%+$84 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.032%, 7d avg +0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MTLUSDT | 0.3124 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $1.7M | $4.7M | 50x |
| Short | KuCoin MTLUSDTM | 0.3125 | 0.0100 | get 0.0050% / 4h | 1h 22m | $657K | $24K | 30x |
Binance MTLUSDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: +0.032% → +0.044%
- −$1.17
- Slippage, 4 orders
- −$719.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$742.21
- Costs to cover
- 7.410%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 32 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 Binance live order book, 15 min ago | 1.61 bp | 23.6 bp −$24 | 151.5 bp −$1,515 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 32 min ago | 33.63 bp | 485.3 bp −$485 | doesn't fit | 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 | 0.3122 | −0.064% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3127 | +0.107% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDTlong | +0.0100% | 4h | 0.3124 | long leg | $1.7M | $4.7M | 50x | |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3118 | −0.192% | $1.0M | $903K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3122 | −0.064% | $151K | $79K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3123 | −0.032% | $280K | $132K | 50x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3125 | +0.032% | $657K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3122 | −0.064% | $341K | $127K | 25x | as long as short |
| BloFin MTL-USDT | +0.0103% | 4h | 0.3122 | −0.064% | $109K | $8K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT
BloFin MTL-USDT