Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against BloFin+0.032%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$627as in the Price arb table
costs, in and out, $10k−$6296.287% of the position
Funding, last 7 days+1.806%+$181 on $10k
+Price spread, last 4 days (all we have)+0.165%+$16 · spread now +0.032%, 7d avg +0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3124 | 0.0101 | pay 0.0050% / 4h | 1h 55m | $110K | $7K | 50x |
| Short | Gate MTL_USDT | 0.3125 | 0.0100 | get 0.0050% / 4h | 1h 55m | $151K | $78K | 25x |
BloFin MTL-USDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$0.18
- Price spread: +0.032% → +0.019%
- $1.26
- Slippage, 4 orders
- −$601.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$627.58
- Costs to cover
- 6.287%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Gate: live order book, 46 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 BloFin live order book, 11 min ago | 3.19 bp | 27.2 bp −$27 | 93.5 bp −$935 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 6.42 bp | 277.5 bp −$277 | 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 | 0.3123 | −0.032% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3128 | +0.137% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3124 | 0.000% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3120 | −0.128% | $1.0M | $908K | 25x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3125 | +0.032% | $151K | $78K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3125 | +0.032% | $280K | $130K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3133 | +0.288% | $659K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3123 | −0.032% | $341K | $128K | 25x | as long as short |
| BloFin MTL-USDTlong | +0.0101% | 4h | 0.3124 | long leg | $110K | $7K | 50x |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT