Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.193%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,261as in the Price arb table
costs, in and out, $10k−$1,28512.852% of the position
Funding, last 7 days+0.971%+$97 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.193%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.245% dearer against KuCoin than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3113 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $655K | $24K | 30x |
| Short | Gate MTL_USDT | 0.3119 | 0.0100 | get 0.0050% / 4h | 1h 47m | $151K | $78K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.193% → −0.052%
- $24.45
- Slippage, 4 orders
- −$1,258.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,260.74
- Costs to cover
- 12.852%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Gate: live order book, 53 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, 7 min ago | 33.63 bp | 221.1 bp −$221 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 6.42 bp | 277.5 bp −$277 | doesn't fit | 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 | 0.3110 | −0.096% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0047% | 4h | 0.3117 | +0.128% | $110K | $7K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3113 | −0.012% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3115 | +0.064% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3109 | −0.128% | $1.0M | $905K | 25x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3119 | +0.193% | $151K | $78K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3115 | +0.064% | $279K | $130K | 50x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3113 | long leg | $655K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3114 | +0.032% | $340K | $128K | 25x | as long as short |
KuCoin MTLUSDTM
Gate MTL_USDT
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
MEXC MTL_USDT
Bitget MTLUSDT