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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against MEXC−0.032%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.565%+$56 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.032%, 7d avg −0.042%
Together, before fees+0.554%+$55 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MTL_USDT0.31380.0100pay 0.0050% / 4h42m 56s$271K$131K50x
ShortBitget MTLUSDT0.31370.0100get 0.0050% / 4h42m 56s$350K$95K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: −0.032% → −0.042%
$0.96
Slippage, 4 orders
−$96.82
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$111.85
Costs to cover
1.128%
Break-even
never at this rate
Slippage from MEXC: live order book, 17 min ago; Bitget: live order book, 27 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 MEXC live order book, 17 min ago1.60 bp19.3 bp −$19120.9 bp −$1,209180.0 bp −$18.0Kdoesn't fit
Sell Bitget live order book, 27 min ago3.21 bp37.6 bp −$38347.1 bp −$3,471doesn'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%4h0.3136−0.064%$1.3Mas long as short
Aster MTLUSDT+0.0100%1h0.3138+0.015%$2K$8K5xas long as short
Binance MTLUSDT+0.0100%4h0.31380.000%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3135−0.096%$167K$35K25xas long as short
MEXC MTL_USDTlong+0.0100%4h0.3138long leg$271K$131K50x
KuCoin MTLUSDTM+0.0100%4h0.3137−0.032%$666K$24K30xas long as short
Bitget MTLUSDTshort+0.0100%4h0.3137−0.032%$350K$95K25x
BloFin MTL-USDT+0.0147%4h0.3139+0.032%$119K$5K50xas long as short
Bybit MTLUSDT+0.0977%8h0.3130−0.255%$1.0M$715K25xas long as short