Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against MEXC−0.096%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$462as in the Funding arb table
Net, price: spread back to 7d avg − costs−$638as in the Price arb table
costs, in and out, $10k−$6286.280% of the position
Funding, last 7 days+1.662%+$166 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.096%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.101% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3115 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $269K | $133K | 50x |
| Short | Gate MTL_USDT | 0.3112 | 0.0100 | get 0.0050% / 4h | 1h 13m | $166K | $38K | 25x |
MEXC MTL_USDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.096% → +0.005%
- −$10.12
- Slippage, 4 orders
- −$609.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$638.13
- Costs to cover
- 6.280%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 60 min ago; Gate: live order book, 62 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, 60 min ago | 1.61 bp | 12.7 bp −$13 | 110.7 bp −$1,107 | 180.1 bp −$18.0K | doesn't fit |
| Sell Gate live order book, 62 min ago | 4.84 bp | 306.2 bp −$306 | 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 | 0.3113 | −0.064% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0072% | 4h | 0.3111 | −0.128% | $118K | $5K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3117 | +0.050% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3118 | +0.100% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3112 | −0.096% | $166K | $38K | 25x | |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3115 | long leg | $269K | $133K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3115 | 0.000% | $661K | $25K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3116 | +0.032% | $351K | $93K | 25x | as long as short |
| Bybit MTLUSDT | +0.1055% | 8h | 0.3107 | −0.257% | $1.0M | $716K | 25x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
KuCoin MTLUSDTM
Bitget MTLUSDT
Bybit MTLUSDT