data as of
Settings8H · net · $10k
Funding arb /

MTL

all MTL markets
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Funding spread now, next payment 20:00 UTC−0.2475%/8h
paid, last 24h−0.155%paid, last 7 days−0.539%to open and close $10k−$749
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.539% in total (about -28.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MTLUSDT0.30970.2575pay 0.2575% / 8h6h 51m$1.0M$614K25x
ShortKuCoin MTLUSDTM0.31010.0100get 0.0050% / 4h2h 51m$663K$25K30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$519.67
Slippage, 4 orders
−$726.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,269.05
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 9 min ago.

Price risk

price view
Price gap now
+0.129%
Avg gap 7d
+0.055%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago3.23 bp50.8 bp −$51884.2 bp −$8,842doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago14.53 bp416.4 bp −$416doesn't fitdoesn't fitdoesn't fit

MTL on 9 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX MTL-USDT+0.0036%4h$1.3Mas long as short
Aster MTLUSDT+0.0100%1h$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h$1.8M$3.2M50xas long as short
Gate MTL_USDT+0.0100%4h$168K$34K25xas long as short
MEXC MTL_USDT+0.0100%4h$291K$130K50xas long as short
KuCoin MTLUSDTMshort+0.0100%4h$663K$25K30x
Bitget MTLUSDT+0.0100%4h$350K$84K25xas long as short
BloFin MTL-USDT+0.0118%4h$126K$5K50xas long as short
Bybit MTLUSDTlong+0.2575%8h$1.0M$614K25x