Settings8H · net · $10k
Funding arb · Price arb /

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.064%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,273as in the Price arb table
costs, in and out, $10k−$1,28512.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.821%+$82 on $10k
Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.064%, 7d avg −0.052%
Together, before fees+0.739%+$74 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.116% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MTLUSDTM0.31020.0100pay 0.0050% / 4h5m 25s$658K$26K30x
ShortGate MTL_USDT0.31040.0100get 0.0050% / 4h5m 25s$167K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.064% → −0.052%
$11.62
Slippage, 4 orders
−$1,257.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,272.93
Costs to cover
12.846%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; Gate: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 22 min ago19.35 bp245.8 bp −$246doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 22 min ago4.84 bp292.8 bp −$293doesn't fitdoesn't fitdoesn't fit

MTL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MTL-USDT+0.0036%4h0.3100−0.064%$1.3Mas long as short
Aster MTLUSDT+0.0100%1h0.3104+0.070%$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h0.3100−0.056%$1.8M$3.4M50xas long as short
Gate MTL_USDTshort+0.0100%4h0.3104+0.064%$167K$37K25x
MEXC MTL_USDT+0.0100%4h0.3103+0.032%$267K$134K50xas long as short
KuCoin MTLUSDTMlong+0.0100%4h0.3102long leg$658K$26K30x
Bitget MTLUSDT+0.0100%4h0.3095−0.226%$344K$94K25xas long as short
BloFin MTL-USDT+0.0139%4h0.3104+0.064%$124K$5K50xas long as short
Bybit MTLUSDT+0.1907%8h0.3087−0.484%$1.0M$679K25xas long as short