Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against BloFin−0.064%55s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1441.439% of the position
Funding, last 7 days+0.520%+$52 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.064%, 7d avg −0.028%
=Funding pays, the price is against you. Bitget is 0.036% cheaper against BloFin than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.028%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3140 | −0.0122 | get 0.0061% / 4h | 3h 50m | $112K | $7K | 50x |
| Short | Bitget MTLUSDT | 0.3138 | 0.0100 | get 0.0050% / 4h | 3h 50m | $346K | $120K | 25x |
BloFin MTL-USDT
Bitget MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $46.66
- Price spread: −0.064% → −0.028%
- −$3.6
- Slippage, 4 orders
- −$119.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$100.83
- Costs to cover
- 1.439%
- Break-even
- 22.1 days
Slippage from BloFin: live order book, 31 min ago; Bitget: live order book, 60 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 BloFin live order book, 31 min ago | 4.75 bp | 26.0 bp −$26 | 112.1 bp −$1,121 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 3.18 bp | 46.5 bp −$46 | 328.5 bp −$3,285 | 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 | −0.0162% | 4h | 0.3138 | −0.064% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTlong | −0.0122% | 4h | 0.3140 | long leg | $112K | $7K | 50x | |
| MEXC MTL_USDT | −0.0098% | 4h | 0.3137 | −0.096% | $280K | $126K | 50x | as long as short |
| Binance MTLUSDT | −0.0086% | 4h | 0.3138 | −0.051% | $1.7M | $4.8M | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3141 | +0.028% | $2K | $9K | 5x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3133 | −0.223% | $1.1M | $954K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3137 | −0.096% | $152K | $76K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3139 | −0.032% | $661K | $23K | 30x | as long as short |
| Bitget MTLUSDTshort | +0.0100% | 4h | 0.3138 | −0.064% | $346K | $120K | 25x |
BingX MTL-USDT
MEXC MTL_USDT
Binance MTLUSDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM