Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.230%
Price spread now: Bybit against KuCoin−0.158%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,038as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,224as in the Price arb table
costs, in and out, $10k−$1,21612.162% of the position
Funding, last 7 days+1.786%+$179 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.158%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.082% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MTLUSDTM | 0.3157 | 0.0100 | pay 0.0050% / 4h | 17m 04s | $667K | $23K | 30x |
| Short | Bybit MTLUSDT | 0.3152 | 0.0100 | get 0.0100% / 8h | 4h 17m | $1.1M | $961K | 25x |
KuCoin MTLUSDTM
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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: −0.158% → −0.076%
- −$8.21
- Slippage, 4 orders
- −$1,193.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,224.38
- Costs to cover
- 12.162%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 67 min ago; Bybit: live order book, 3 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 KuCoin live order book, 67 min ago | 20.55 bp | 538.6 bp −$539 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.17 bp | 47.3 bp −$47 | 708.9 bp −$7,089 | 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 | −0.0394% | 4h | 0.3158 | +0.032% | — | $1.3M | — | as long as short |
| MEXC MTL_USDT | −0.0340% | 4h | 0.3160 | +0.095% | $291K | $136K | 50x | as long as short |
| Binance MTLUSDT | −0.0327% | 4h | 0.3160 | +0.102% | $1.7M | $4.8M | 50x | as long as short |
| BloFin MTL-USDT | −0.0269% | 4h | 0.3155 | −0.063% | $113K | $7K | 50x | as long as short |
| Bitget MTLUSDT | −0.0018% | 4h | 0.3153 | −0.127% | $345K | $112K | 25x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3159 | +0.068% | $2K | $9K | 5x | as long as short |
| Bybit MTLUSDTshort | +0.0100% | 8h | 0.3152 | −0.158% | $1.1M | $961K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3154 | −0.095% | $154K | $75K | 25x | as long as short |
| KuCoin MTLUSDTMlong | +0.0100% | 4h | 0.3157 | long leg | $667K | $23K | 30x |
BingX MTL-USDT
MEXC MTL_USDT
Binance MTLUSDT
BloFin MTL-USDT
Bitget MTLUSDT
Aster MTLUSDT
Gate MTL_USDT