Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.155%
Price spread now: Bybit against Gate−0.160%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$4914.913% of the position
Funding, last 7 days+0.542%+$54 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.160%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.140% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MTL_USDT | 0.3131 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $167K | $35K | 25x |
| Short | Bybit MTLUSDT | 0.3126 | 0.0100 | get 0.0100% / 8h | 7h 58m | $1.0M | $715K | 25x |
Gate MTL_USDT
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: −0.160% → −0.019%
- −$14.03
- Slippage, 4 orders
- −$465.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$505.34
- Costs to cover
- 4.913%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 min ago; Bybit: live order book, 7 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 Gate live order book, 7 min ago | 3.20 bp | 192.3 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 1.60 bp | 39.0 bp −$39 | 131.2 bp −$1,312 | 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 | 0.3128 | −0.096% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0053% | 4h | 0.3137 | +0.192% | $119K | $5K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3130 | −0.047% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3131 | +0.012% | $1.8M | $3.5M | 50x | as long as short |
| Bybit MTLUSDTshort | +0.0100% | 8h | 0.3126 | −0.160% | $1.0M | $715K | 25x | |
| Gate MTL_USDTlong | +0.0100% | 4h | 0.3131 | long leg | $167K | $35K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3130 | −0.032% | $291K | $133K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3135 | +0.128% | $665K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3130 | −0.032% | $345K | $93K | 25x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT