Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.230%
Price spread now: Gate against Bybit+0.096%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$745as in the Price arb table
costs, in and out, $10k−$7517.513% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.096%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.066% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3111 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $1.0M | $903K | 25x |
| Short | Gate MTL_USDT | 0.3114 | 0.0100 | get 0.0050% / 4h | 1h 30m | $150K | $79K | 25x |
Bybit MTLUSDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.096% → +0.030%
- $6.64
- Slippage, 4 orders
- −$725.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$744.68
- Costs to cover
- 7.513%
- Break-even
- never at this rate
Slippage from Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 3.22 bp | 43.1 bp −$43 | 964.6 bp −$9,646 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.83 bp | 289.3 bp −$289 | 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 | 0.3117 | +0.193% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0068% | 4h | 0.3113 | +0.064% | $110K | $7K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3119 | +0.263% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3116 | +0.161% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3111 | long leg | $1.0M | $903K | 25x | |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3114 | +0.096% | $150K | $79K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3117 | +0.193% | $279K | $131K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3116 | +0.161% | $655K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3112 | +0.032% | $340K | $127K | 25x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT