Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.006%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now −0.006%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3160 | −0.0340 | get 0.0170% / 4h | 16m 52s | $291K | $136K | 50x |
| Short | Binance MTLUSDT | 0.3160 | −0.0327 | pay 0.0163% / 4h | 16m 52s | $1.7M | $4.8M | 50x |
MEXC MTL_USDT
Binance MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $2.82
- Price spread: −0.006% → +0.009%
- −$1.53
- Slippage, 4 orders
- −$80.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.98
- Costs to cover
- 0.943%
- Break-even
- 238.0 days
Slippage from MEXC: live order book, 23 min ago; Binance: live order book, 6 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 MEXC live order book, 23 min ago | 1.59 bp | 13.4 bp −$13 | 120.5 bp −$1,205 | 184.1 bp −$18.4K | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.17 bp | 29.8 bp −$30 | 121.0 bp −$1,210 | 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 | −0.0394% | 4h | 0.3155 | −0.158% | — | $1.3M | — | as long as short |
| MEXC MTL_USDTlong | −0.0340% | 4h | 0.3160 | long leg | $291K | $136K | 50x | |
| Binance MTLUSDTshort | −0.0327% | 4h | 0.3160 | −0.006% | $1.7M | $4.8M | 50x | |
| BloFin MTL-USDT | −0.0269% | 4h | 0.3155 | −0.158% | $113K | $7K | 50x | as long as short |
| Bitget MTLUSDT | −0.0018% | 4h | 0.3152 | −0.253% | $345K | $112K | 25x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3159 | −0.032% | $2K | $9K | 5x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3151 | −0.285% | $1.1M | $961K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3153 | −0.222% | $154K | $75K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3158 | −0.063% | $667K | $23K | 30x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Bitget MTLUSDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM