After costs, if the gap returns to its 7d average, $10k−$176
spread now−0.098%7d average+0.037%fees + slippage, in and out−$163spread needed1.629%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MTLUSDT | 0.3072 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $346K | $82K | 25x |
| Short | Bybit MTLUSDT | 0.3069 | 0.1528 | get 0.1528% / 8h | 5h 59m | $1.0M | $631K | 25x |
Bitget MTLUSDT
Bybit MTLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.77
- Funding while held
- $42.84
- Slippage, 4 orders
- −$139.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.86
- Spread needed to break even
- 1.629%
Slippage from Bitget: live order book, 28 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1428%
- Per $10,000 a day
- +$42.84
- Average in range /8h
- —
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 Bitget live order book, 28 min ago | 4.86 bp | 42.1 bp −$42 | 396.1 bp −$3,961 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.63 bp | 42.3 bp −$42 | 510.8 bp −$5,108 | doesn't fit | doesn't fit |
MTL price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3069cheapest
BingX0.3070+0.033%Aster0.3072+0.094%
BingX
AsterBitget0.3072+0.098%
Gate0.3074+0.163%KuCoin0.3074+0.163%MEXC0.3075+0.196%BloFin0.3075+0.196%Binance0.3076+0.229%
Gate
KuCoin
MEXC
BloFin
BinanceMTL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MTLUSDTshort | −0.098% | +0.1528% | 8h | $1.0M | $631K | 25x | |
| BingX MTL-USDT | −0.065% | +0.0036% | 4h | — | $1.3M | — | as long as short |
| Aster MTLUSDT | −0.004% | +0.0023% | 1h | $2K | $8K | 5x | as long as short |
| Bitget MTLUSDTlong | 0.000% | +0.0100% | 4h | $346K | $82K | 25x | |
| Gate MTL_USDT | +0.065% | +0.0100% | 4h | $167K | $34K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.065% | +0.0100% | 4h | $656K | $25K | 30x | as long as short |
| MEXC MTL_USDT | +0.098% | +0.0100% | 4h | $267K | $131K | 50x | as long as short |
| BloFin MTL-USDT | +0.098% | +0.0088% | 4h | $124K | $5K | 50x | as long as short |
| Binance MTLUSDT | +0.131% | +0.0100% | 4h | $1.8M | $3.2M | 50x | as long as short |