Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BloFin+0.128%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$912as in the Funding arb table
Net, price: spread back to 7d avg − costs−$991as in the Price arb table
costs, in and out, $10k−$9979.966% of the position
Funding, last 7 days+0.851%+$85 on $10k
+Price spread, last 3 days (all we have)+0.077%+$8 · spread now +0.128%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.061% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3136 | 0.0096 | pay 0.0048% / 4h | 40m 40s | $118K | $5K | 50x |
| Short | KuCoin MTLUSDTM | 0.3140 | 0.0100 | get 0.0050% / 4h | 40m 40s | $666K | $24K | 30x |
BloFin MTL-USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.77
- Price spread: +0.128% → +0.067%
- $6.07
- Slippage, 4 orders
- −$972.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$989.79
- Costs to cover
- 9.966%
- Break-even
- 9058.3 days
Slippage from BloFin: live order book, 20 min ago; KuCoin: live order book, 23 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, 20 min ago | 1.60 bp | 17.7 bp −$18 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 12.80 bp | 472.7 bp −$473 | doesn't fit | 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 | 0.3134 | −0.064% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTlong | +0.0096% | 4h | 0.3136 | long leg | $118K | $5K | 50x | |
| Aster MTLUSDT | +0.0100% | 1h | 0.3138 | +0.074% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3137 | +0.043% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3135 | −0.032% | $167K | $35K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3137 | +0.032% | $271K | $131K | 50x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3140 | +0.128% | $666K | $24K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3136 | 0.000% | $350K | $95K | 25x | as long as short |
| Bybit MTLUSDT | +0.0961% | 8h | 0.3130 | −0.191% | $1.0M | $714K | 25x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
Bitget MTLUSDT
Bybit MTLUSDT