After costs, if the gap returns to its 7d average, $10k−$960
spread now+0.260%7d average+0.058%fees + slippage, in and out−$980spread needed9.797%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MTLUSDT | 0.3081 | 0.2058 | pay 0.2058% / 8h | 5h 11m | $1.0M | $633K | 25x |
| Short | KuCoin MTLUSDTM | 0.3089 | 0.0100 | get 0.0050% / 4h | 1h 11m | $659K | $23K | 30x |
Bybit MTLUSDT
KuCoin MTLUSDTMPrice 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
- $25.97
- Funding while held
- −$58.73
- Slippage, 4 orders
- −$956.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,012.44
- Spread needed to break even
- 9.797%
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1958%
- Per $10,000 a day
- −$58.73
- 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 Bybit live order book, 5 min ago | 3.25 bp | 43.5 bp −$44 | 774.8 bp −$7,748 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 14.57 bp | 617.0 bp −$617 | doesn't fit | doesn't fit | doesn't fit |
MTL price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3081cheapest
Gate0.3087+0.195%MEXC0.3087+0.195%Bitget0.3088+0.227%BloFin0.3088+0.227%Binance0.3088+0.229%
Gate
MEXC
Bitget
BloFin
BinanceKuCoin0.3089+0.260%
BingX0.3090+0.292%Aster0.3090+0.292%
BingX
AsterMTL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MTLUSDTlong | 0.000% | +0.2058% | 8h | $1.0M | $633K | 25x | |
| Gate MTL_USDT | +0.195% | +0.0100% | 4h | $167K | $34K | 25x | as long as short |
| MEXC MTL_USDT | +0.195% | +0.0100% | 4h | $266K | $134K | 50x | as long as short |
| Bitget MTLUSDT | +0.227% | +0.0100% | 4h | $348K | $82K | 25x | as long as short |
| BloFin MTL-USDT | +0.227% | +0.0060% | 4h | $123K | $5K | 50x | as long as short |
| Binance MTLUSDT | +0.229% | +0.0100% | 4h | $1.8M | $3.2M | 50x | as long as short |
| KuCoin MTLUSDTMshort | +0.260% | +0.0100% | 4h | $659K | $23K | 30x | |
| BingX MTL-USDT | +0.292% | +0.0036% | 4h | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.292% | +0.0100% | 1h | $2K | $8K | 5x | as long as short |