Funding you earn now, next payment 04:00 UTC+0.0584%/8h= +63.9% APRnext payment +$2.92 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against MEXC+0.191%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,074as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,141as in the Price arb table
costs, in and out, $10k−$1,15511.549% of the position
Funding, last 7 days+0.805%+$80 on $10k
+Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.191%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.139% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3148 | −0.0484 | get 0.0242% / 4h | 35m 23s | $290K | $135K | 50x |
| Short | KuCoin MTLUSDTM | 0.3154 | 0.0100 | get 0.0050% / 4h | 35m 23s | $665K | $22K | 30x |
MEXC MTL_USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $122.64
- Price spread: +0.191% → +0.051%
- $13.91
- Slippage, 4 orders
- −$1,138.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,018.37
- Costs to cover
- 11.549%
- Break-even
- 65.1 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 48 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, 5 min ago | 1.59 bp | 13.4 bp −$13 | 120.5 bp −$1,205 | 184.1 bp −$18.4K | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 20.55 bp | 583.5 bp −$583 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MTL-USDT | −0.0530% | 4h | 0.3145 | −0.095% | $113K | $7K | 50x | as long as short |
| BingX MTL-USDT | −0.0512% | 4h | 0.3143 | −0.159% | — | $1.3M | — | as long as short |
| Binance MTLUSDT | −0.0500% | 4h | 0.3149 | +0.032% | $1.7M | $4.8M | 50x | as long as short |
| MEXC MTL_USDTlong | −0.0484% | 4h | 0.3148 | long leg | $290K | $135K | 50x | |
| Bitget MTLUSDT | −0.0124% | 4h | 0.3144 | −0.127% | $343K | $116K | 25x | as long as short |
| Aster MTLUSDT | +0.0066% | 1h | 0.3174 | +0.811% | $2K | $8K | 5x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3142 | −0.191% | $1.1M | $965K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3144 | −0.127% | $156K | $65K | 25x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3154 | +0.191% | $665K | $22K | 30x |
BloFin MTL-USDT
BingX MTL-USDT
Binance MTLUSDT
Bitget MTLUSDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT