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

MTL

all MTL markets
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Funding spread now, next payment 20:00 UTC+0.5057%/8h
paid, last 24h+0.155%paid, last 7 days+0.424%to open and close $10k−$1,077
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.424% in total (about 22.1% 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
LongKuCoin MTLUSDTM0.31050.0100pay 0.0050% / 4h3h 48m$665K$26K30x
ShortBybit MTLUSDT0.31060.5157get 0.5157% / 8h7h 48m$1.1M$596K25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$1,061.98
Slippage, 4 orders
−$1,054.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$15.03
Break-even
7.1 days
Slippage from KuCoin: live order book, 22 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.032%
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 KuCoin live order book, 22 min ago24.17 bp564.2 bp −$564doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.22 bp40.4 bp −$40634.4 bp −$6,344doesn'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
BloFin MTL-USDT+0.0075%4h$128K$5K50xas long as short
Aster MTLUSDT+0.0100%1h$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h$1.8M$3.3M50xas long as short
Gate MTL_USDT+0.0100%4h$169K$33K25xas long as short
MEXC MTL_USDT+0.0100%4h$297K$126K50xas long as short
KuCoin MTLUSDTMlong+0.0100%4h$665K$26K30x
Bitget MTLUSDT+0.0100%4h$352K$100K25xas long as short
Bybit MTLUSDTshort+0.5157%8h$1.1M$596K25x