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: Bitget against Binance+0.021%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
Funding, last 7 days+0.573%+$57 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now +0.021%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.070% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MTLUSDT | 0.3097 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $1.8M | $3.5M | 50x |
| Short | Bitget MTLUSDT | 0.3098 | 0.0100 | get 0.0050% / 4h | 1h 33m | $342K | $93K | 25x |
Binance MTLUSDT
Bitget MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: +0.021% → −0.049%
- $6.97
- Slippage, 4 orders
- −$139.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$154.07
- Costs to cover
- 1.610%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 42 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 Binance live order book, 3 min ago | 1.61 bp | 24.5 bp −$25 | 208.3 bp −$2,083 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 42 min ago | 4.84 bp | 50.3 bp −$50 | 439.3 bp −$4,393 | 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 | 0.3092 | −0.173% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3099 | +0.048% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDTlong | +0.0100% | 4h | 0.3097 | long leg | $1.8M | $3.5M | 50x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3097 | −0.012% | $166K | $37K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3098 | +0.021% | $267K | $132K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3100 | +0.085% | $658K | $25K | 30x | as long as short |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3098 | +0.021% | $342K | $93K | 25x | |
| BloFin MTL-USDT | +0.0148% | 4h | 0.3096 | −0.044% | $118K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.1081% | 8h | 0.3087 | −0.334% | $1.0M | $688K | 25x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
BloFin MTL-USDT
Bybit MTLUSDT