Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: MEXC against Bitget+0.128%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1041.043% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.128%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MTLUSDT | 0.3123 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $329K | $148K | 25x |
| Short | MEXC MTL_USDT | 0.3127 | 0.0100 | get 0.0050% / 4h | 3h 45m | $264K | $130K | 50x |
Bitget MTLUSDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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: +0.128% → +0.041%
- $8.68
- Slippage, 4 orders
- −$88.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.64
- Costs to cover
- 1.043%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; MEXC: live order book, 34 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 Bitget live order book, 45 min ago | 3.23 bp | 36.2 bp −$36 | 379.9 bp −$3,799 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 34 min ago | 3.22 bp | 17.1 bp −$17 | 100.5 bp −$1,005 | 178.0 bp −$17.8K | 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 | 0.3126 | +0.096% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3127 | +0.139% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3129 | +0.192% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3122 | −0.032% | $1.0M | $902K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3122 | −0.032% | $150K | $76K | 25x | as long as short |
| MEXC MTL_USDTshort | +0.0100% | 4h | 0.3127 | +0.128% | $264K | $130K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3126 | +0.096% | $658K | $24K | 30x | as long as short |
| Bitget MTLUSDTlong | +0.0100% | 4h | 0.3123 | long leg | $329K | $148K | 25x | |
| BloFin MTL-USDT | +0.0139% | 4h | 0.3126 | +0.096% | $108K | $8K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
BloFin MTL-USDT