Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.249%
Price spread now: MEXC against Bybit+0.193%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−2.270%−$227 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.193%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.164% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3107 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $1.0M | $906K | 25x |
| Short | MEXC MTL_USDT | 0.3113 | 0.0100 | get 0.0050% / 4h | 1h 46m | $279K | $130K | 50x |
Bybit MTLUSDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.193% → +0.029%
- $16.42
- Slippage, 4 orders
- −$98.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$96.85
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 43 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, 4 min ago | 4.82 bp | 47.6 bp −$48 | 881.8 bp −$8,818 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 1.60 bp | 16.2 bp −$16 | 107.2 bp −$1,072 | 184.5 bp −$18.4K | 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 | 0.3110 | +0.097% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3113 | +0.200% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3114 | +0.225% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3107 | long leg | $1.0M | $906K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3111 | +0.129% | $151K | $78K | 25x | as long as short |
| MEXC MTL_USDTshort | +0.0100% | 4h | 0.3113 | +0.193% | $279K | $130K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3116 | +0.290% | $655K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3114 | +0.225% | $340K | $128K | 25x | as long as short |
| BloFin MTL-USDT | +0.0116% | 4h | 0.3115 | +0.257% | $110K | $7K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT
BloFin MTL-USDT