Funding you earn now, next payment 04:00 UTC+0.0743%/8h= +81.4% APRnext payment +$3.71 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against BloFin−0.126%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,312as in the Price arb table
costs, in and out, $10k−$1,29312.931% of the position
Funding, last 7 days+0.834%+$83 on $10k
+Price spread, last 3 days (all we have)+0.311%+$31 · spread now −0.126%, 7d avg +0.066%
=Funding pays, the price is against you. KuCoin is 0.193% cheaper against BloFin than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of +0.066%). If the spread goes back, that is −$19 on $10k: about 21 hours of funding at the current rate (+$22 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3169 | −0.0645 | get 0.0322% / 4h | 3h 25m | $118K | $6K | 50x |
| Short | KuCoin MTLUSDTM | 0.3165 | 0.0098 | get 0.0049% / 4h | 3h 25m | $668K | $28K | 30x |
BloFin MTL-USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $156.03
- Price spread: −0.126% → +0.066%
- −$19.27
- Slippage, 4 orders
- −$1,269.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,156.35
- Costs to cover
- 12.931%
- Break-even
- 58.9 days
Slippage from BloFin: live order book, 30 min ago; KuCoin: live order book, 28 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, 30 min ago | 4.66 bp | 23.9 bp −$24 | 138.9 bp −$1,389 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 26.75 bp | 602.2 bp −$602 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MTL_USDT | −0.1950% | 4h | 0.3170 | +0.032% | $161K | $58K | 25x | as long as short |
| Aster MTLUSDT | −0.1567% | 1h | 0.3180 | +0.362% | $2K | $8K | 5x | as long as short |
| BingX MTL-USDT | −0.1404% | 4h | 0.3171 | +0.063% | — | $1.3M | — | as long as short |
| Bybit MTLUSDT | −0.1057% | 8h | 0.3168 | −0.032% | $1.1M | $952K | 25x | as long as short |
| BloFin MTL-USDTlong | −0.0645% | 4h | 0.3169 | long leg | $118K | $6K | 50x | |
| Binance MTLUSDT | −0.0594% | 4h | 0.3171 | +0.063% | $1.8M | $4.7M | 50x | as long as short |
| MEXC MTL_USDT | −0.0568% | 4h | 0.3170 | +0.032% | $306K | $140K | 50x | as long as short |
| Bitget MTLUSDT | −0.0294% | 4h | 0.3177 | +0.252% | $349K | $121K | 25x | as long as short |
| KuCoin MTLUSDTMshort | +0.0098% | 4h | 0.3165 | −0.126% | $668K | $28K | 30x |
Gate MTL_USDT
Aster MTLUSDT
BingX MTL-USDT
Bybit MTLUSDT
Binance MTLUSDT
MEXC MTL_USDT
Bitget MTLUSDT