Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.020%
Price spread now: BloFin against KuCoin+0.159%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,120as in the Price arb table
costs, in and out, $10k−$1,14311.428% of the position
Funding, last 7 days−0.827%−$83 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.159%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.230% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.827%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3137 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $661K | $23K | 30x |
| Short | BloFin MTL-USDT | 0.3142 | 0.0111 | get 0.0055% / 4h | 3h 15m | $111K | $7K | 50x |
KuCoin MTLUSDTM
BloFin MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.29
- Price spread: +0.159% → −0.071%
- $23
- Slippage, 4 orders
- −$1,118.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,117.54
- Costs to cover
- 11.428%
- Break-even
- 3425.3 days
Slippage from KuCoin: live order book, 59 min ago; BloFin: live order book, 66 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, 59 min ago | 30.14 bp | 546.3 bp −$546 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 66 min ago | 4.75 bp | 21.6 bp −$22 | 78.9 bp −$789 | 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 | 0.3135 | −0.064% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3136 | −0.017% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3142 | +0.157% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3134 | −0.096% | $1.0M | $943K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3137 | 0.000% | $152K | $77K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3141 | +0.128% | $280K | $128K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3137 | long leg | $661K | $23K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3140 | +0.096% | $347K | $124K | 25x | as long as short |
| BloFin MTL-USDTshort | +0.0111% | 4h | 0.3142 | +0.159% | $111K | $7K | 50x |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT