Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.064%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,085as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,058as in the Price arb table
costs, in and out, $10k−$1,06110.606% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.064%, 7d avg −0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.030% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3120 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $662K | $24K | 30x |
| Short | Bitget MTLUSDT | 0.3118 | 0.0100 | get 0.0050% / 4h | 1h 07m | $349K | $96K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: −0.064% → −0.094%
- $2.95
- Slippage, 4 orders
- −$1,036.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,057.62
- Costs to cover
- 10.606%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 65 min ago; Bitget: live order book, 2 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 KuCoin live order book, 65 min ago | 19.36 bp | 548.6 bp −$549 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.21 bp | 37.6 bp −$38 | 347.1 bp −$3,471 | 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 | 0.3115 | −0.160% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3118 | −0.054% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3116 | −0.117% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3118 | −0.064% | $167K | $38K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3116 | −0.128% | $269K | $134K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3120 | long leg | $662K | $24K | 30x | |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3118 | −0.064% | $349K | $96K | 25x | |
| BloFin MTL-USDT | +0.0151% | 4h | 0.3118 | −0.064% | $118K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.1038% | 8h | 0.3110 | −0.321% | $1.0M | $717K | 25x | as long as short |
KuCoin MTLUSDTM
Bitget MTLUSDT
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
BloFin MTL-USDT
Bybit MTLUSDT