Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against Bitget−0.032%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
Funding, last 7 days−0.494%−$49 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.032%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MTLUSDT | 0.3112 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $340K | $127K | 25x |
| Short | Binance MTLUSDT | 0.3111 | 0.0100 | get 0.0050% / 4h | 1h 33m | $1.7M | $4.8M | 50x |
Bitget MTLUSDT
Binance MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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% → +0.052%
- −$8.38
- Slippage, 4 orders
- −$91.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.06
- Costs to cover
- 1.137%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 3 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 Bitget live order book, 1 min ago | 3.21 bp | 35.8 bp −$36 | 330.0 bp −$3,300 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.61 bp | 11.0 bp −$11 | 80.3 bp −$803 | 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 | 0.3107 | −0.161% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3110 | −0.050% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDTshort | +0.0100% | 4h | 0.3111 | −0.032% | $1.7M | $4.8M | 50x | |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3106 | −0.193% | $1.0M | $906K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3107 | −0.161% | $150K | $79K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3111 | −0.032% | $279K | $131K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3110 | −0.064% | $654K | $24K | 30x | as long as short |
| Bitget MTLUSDTlong | +0.0100% | 4h | 0.3112 | long leg | $340K | $127K | 25x | |
| BloFin MTL-USDT | +0.0146% | 4h | 0.3107 | −0.161% | $109K | $7K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
BloFin MTL-USDT