After costs, if the gap returns to its 7d average, $10k−$129
spread now−0.130%7d average+0.015%fees + slippage, in and out−$115spread needed1.146%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3086 | 0.0157 | pay 0.0079% / 4h | 1h 16m | $123K | $5K | 50x |
| Short | Bybit MTLUSDT | 0.3082 | 0.2040 | get 0.2040% / 8h | 5h 16m | $1.0M | $635K | 25x |
BloFin MTL-USDT
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
- −$12.96
- Funding while held
- $56.48
- Slippage, 4 orders
- −$91.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$71.05
- Spread needed to break even
- 1.146%
Slippage from BloFin: live order book, 1 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1883%
- Per $10,000 a day
- +$56.48
- 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 BloFin live order book, 1 min ago | 1.62 bp | 19.1 bp −$19 | 93.8 bp −$938 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.25 bp | 32.3 bp −$32 | 495.4 bp −$4,954 | doesn't fit | doesn't fit |
MTL price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3082cheapest
Bitget0.3082cheapestKuCoin0.3083+0.032%BingX0.3083+0.032%Aster0.3084+0.055%Gate0.3084+0.065%MEXC0.3086+0.130%
Bitget
KuCoin
BingX
Aster
Gate
MEXCBloFin0.3086+0.130%
Binance0.3087+0.154%
BinanceMTL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MTLUSDTshort | −0.130% | +0.2040% | 8h | $1.0M | $635K | 25x | |
| Bitget MTLUSDT | −0.130% | +0.0100% | 4h | $347K | $82K | 25x | as long as short |
| KuCoin MTLUSDTM | −0.097% | +0.0100% | 4h | $658K | $23K | 30x | as long as short |
| BingX MTL-USDT | −0.097% | +0.0036% | 4h | — | $1.3M | — | as long as short |
| Aster MTLUSDT | −0.074% | +0.0100% | 1h | $2K | $8K | 5x | as long as short |
| Gate MTL_USDT | −0.065% | +0.0100% | 4h | $167K | $34K | 25x | as long as short |
| MEXC MTL_USDT | 0.000% | +0.0100% | 4h | $266K | $134K | 50x | as long as short |
| BloFin MTL-USDTlong | 0.000% | +0.0157% | 4h | $123K | $5K | 50x | |
| Binance MTLUSDT | +0.025% | +0.0100% | 4h | $1.8M | $3.2M | 50x | as long as short |