Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.096%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,671as in the Price arb table
costs, in and out, $10k−$1,65716.567% of the position
Funding, last 7 days−0.957%−$96 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.096%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.147% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MTL_USDT | 0.3130 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $152K | $77K | 25x |
| Short | KuCoin MTLUSDTM | 0.3127 | 0.0100 | get 0.0050% / 4h | 3h 22m | $659K | $23K | 30x |
Gate MTL_USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.096% → +0.051%
- −$14.66
- Slippage, 4 orders
- −$1,629.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,671.38
- Costs to cover
- 16.567%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; KuCoin: live order book, 52 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 Gate live order book, 24 min ago | 3.19 bp | 286.1 bp −$286 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 30.14 bp | 548.9 bp −$549 | 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 | 0.3122 | −0.256% | — | $1.3M | — | as long as short |
| BloFin MTL-USDT | +0.0092% | 4h | 0.3128 | −0.064% | $111K | $7K | 50x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3126 | −0.133% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3125 | −0.149% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3123 | −0.224% | $1.0M | $945K | 25x | as long as short |
| Gate MTL_USDTlong | +0.0100% | 4h | 0.3130 | long leg | $152K | $77K | 25x | |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3126 | −0.128% | $279K | $128K | 50x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3127 | −0.096% | $659K | $23K | 30x | |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3126 | −0.128% | $346K | $124K | 25x | as long as short |
BingX MTL-USDT
BloFin MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
MEXC MTL_USDT
Bitget MTLUSDT