Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.230%
Price spread now: Gate against Bybit+0.255%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$761as in the Funding arb table
Net, price: spread back to 7d avg − costs−$636as in the Price arb table
costs, in and out, $10k−$6596.587% of the position
Funding, last 7 days−1.027%−$103 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now +0.255%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.230% dearer against Bybit than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3140 | 0.0100 | pay 0.0100% / 8h | 5h 36m | $1.1M | $956K | 25x |
| Short | Gate MTL_USDT | 0.3148 | 0.0100 | get 0.0050% / 4h | 1h 36m | $156K | $65K | 25x |
Bybit MTLUSDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.255% → +0.025%
- $23.01
- Slippage, 4 orders
- −$632.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$635.71
- Costs to cover
- 6.587%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 19 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, 4 min ago | 1.59 bp | 51.3 bp −$51 | 934.2 bp −$9,342 | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 3.16 bp | 300.3 bp −$300 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MTL-USDT | −0.0870% | 4h | 0.3152 | +0.382% | $115K | $6K | 50x | as long as short |
| Binance MTLUSDT | −0.0818% | 4h | 0.3156 | +0.497% | $1.7M | $4.8M | 50x | as long as short |
| MEXC MTL_USDT | −0.0814% | 4h | 0.3157 | +0.541% | $292K | $138K | 50x | as long as short |
| BingX MTL-USDT | −0.0788% | 4h | 0.3150 | +0.318% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | −0.0591% | 1h | 0.3152 | +0.387% | $2K | $8K | 5x | as long as short |
| Bitget MTLUSDT | −0.0304% | 4h | 0.3150 | +0.318% | $344K | $115K | 25x | as long as short |
| Bybit MTLUSDTlong | +0.0100% | 8h | 0.3140 | long leg | $1.1M | $956K | 25x | |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3148 | +0.255% | $156K | $65K | 25x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3160 | +0.637% | $666K | $24K | 30x | as long as short |
BloFin MTL-USDT
Binance MTLUSDT
MEXC MTL_USDT
BingX MTL-USDT
Aster MTLUSDT
Bitget MTLUSDT
KuCoin MTLUSDTM