Settings8H · net · $10k
Funding arb · Price arb /

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.064%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4854.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.151%+$115 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.064%, 7d avg +0.045%
Together, before fees+1.104%+$110 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MTLUSDT0.31330.0100pay 0.0050% / 4h0m 36s$345K$93K25x
ShortGate MTL_USDT0.31350.0100get 0.0050% / 4h0m 36s$167K$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.064% → +0.045%
$1.91
Slippage, 4 orders
−$457.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$482.99
Costs to cover
4.849%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago3.19 bp37.8 bp −$38428.1 bp −$4,281doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.20 bp210.8 bp −$211doesn't fitdoesn't fitdoesn't fit

MTL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MTL-USDT+0.0036%4h0.3138+0.160%$1.3Mas long as short
Aster MTLUSDT+0.0100%1h0.3138+0.153%$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h0.3138+0.160%$1.8M$3.5M50xas long as short
Gate MTL_USDTshort+0.0100%4h0.3135+0.064%$167K$36K25x
MEXC MTL_USDT+0.0100%4h0.3138+0.160%$292K$135K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3138+0.160%$666K$24K30xas long as short
Bitget MTLUSDTlong+0.0100%4h0.3133long leg$345K$93K25x
BloFin MTL-USDT+0.0103%4h0.3134+0.032%$119K$5K50xas long as short
Bybit MTLUSDT+0.0836%8h0.3130−0.096%$1.0M$715K25xas long as short