Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC0.000%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now 0.000%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3088 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $266K | $135K | 50x |
| Short | Binance MTLUSDT | 0.3088 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.8M | $3.5M | 50x |
MEXC MTL_USDT
Binance MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: 0.000% → +0.009%
- −$0.86
- Slippage, 4 orders
- −$64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.86
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; Binance: live order book, 1 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 MEXC live order book, 8 min ago | 1.61 bp | 12.7 bp −$13 | 110.7 bp −$1,107 | 180.1 bp −$18.0K | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.62 bp | 32.8 bp −$33 | 152.6 bp −$1,526 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MTLUSDT | +0.0033% | 1h | 0.3090 | +0.077% | $2K | $8K | 5x | as long as short |
| BingX MTL-USDT | +0.0036% | 4h | 0.3085 | −0.097% | — | $1.3M | — | as long as short |
| Binance MTLUSDTshort | +0.0100% | 4h | 0.3088 | 0.000% | $1.8M | $3.5M | 50x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3086 | −0.065% | $166K | $38K | 25x | as long as short |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3088 | long leg | $266K | $135K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3089 | +0.032% | $655K | $25K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3089 | +0.032% | $342K | $92K | 25x | as long as short |
| BloFin MTL-USDT | +0.0103% | 4h | 0.3091 | +0.097% | $119K | $5K | 50x | as long as short |
| Bybit MTLUSDT | +0.1154% | 8h | 0.3078 | −0.324% | $1.0M | $687K | 25x | as long as short |
Aster MTLUSDT
BingX MTL-USDT
Gate MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT
BloFin MTL-USDT
Bybit MTLUSDT