Funding you earn now, next payment 12:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.064%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now −0.064%, 7d avg −0.018%
=Funding pays, the price is against you. BloFin is 0.046% cheaper against MEXC than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3133 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $264K | $132K | 50x |
| Short | BloFin MTL-USDT | 0.3131 | 0.0145 | get 0.0073% / 4h | 3h 19m | $108K | $8K | 50x |
MEXC MTL_USDT
BloFin MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $9.48
- Price spread: −0.064% → −0.018%
- −$4.56
- Slippage, 4 orders
- −$61.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.71
- Costs to cover
- 0.776%
- Break-even
- 60.7 days
Slippage from MEXC: live order book, 60 min ago; BloFin: live order book, 36 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, 60 min ago | 3.22 bp | 12.5 bp −$12 | 91.2 bp −$912 | 176.6 bp −$17.7K | doesn't fit |
| Sell BloFin live order book, 36 min ago | 3.21 bp | 26.2 bp −$26 | 72.4 bp −$724 | 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 | 0.3138 | +0.160% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3138 | +0.169% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3134 | +0.032% | $1.7M | $4.7M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3128 | −0.160% | $1.0M | $882K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3136 | +0.096% | $151K | $76K | 25x | as long as short |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3133 | long leg | $264K | $132K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3137 | +0.128% | $660K | $23K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3132 | −0.032% | $329K | $149K | 25x | as long as short |
| BloFin MTL-USDTshort | +0.0145% | 4h | 0.3131 | −0.064% | $108K | $8K | 50x |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT