Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.263%
Price spread now: BingX against Bybit+0.096%7-day average −0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1431.432% of the position
Funding, last 7 days−2.414%−$241 on $10k
+Price spread, last 7 days−0.468%−$47 · spread now +0.096%, 7d avg −0.145%
=The price spread pays, funding is against you. BingX is 0.241% dearer against Bybit than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of −0.145%): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−2.414% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3110 | 0.0100 | pay 0.0100% / 8h | 38m 33s | $1.0M | $903K | 25x |
| Short | BingX MTL-USDT | 0.3113 | 0.0036 | get 0.0018% / 4h | 38m 33s | — | $1.3M | — |
Bybit MTLUSDT
BingX MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$13.44
- Price spread: +0.096% → −0.145%
- $24.11
- Slippage, 4 orders
- −$122.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.54
- Costs to cover
- 1.432%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 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 Bybit live order book, 2 min ago | 4.82 bp | 46.8 bp −$47 | 1305.1 bp −$13.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.81 bp | 28.2 bp −$28 | 94.4 bp −$944 | 517.8 bp −$51.8K | 1081.8 bp −$540.9K |
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-USDTshort | +0.0036% | 4h | 0.3113 | +0.096% | — | $1.3M | — | |
| BloFin MTL-USDT | +0.0050% | 4h | 0.3113 | +0.096% | $108K | $8K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3117 | +0.229% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3117 | +0.232% | $1.7M | $4.7M | 50x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3110 | long leg | $1.0M | $903K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3116 | +0.193% | $150K | $80K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3117 | +0.225% | $279K | $129K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3121 | +0.354% | $657K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3114 | +0.129% | $340K | $127K | 25x | as long as short |
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT