Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against MEXC+0.064%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$430as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$6116.112% of the position
Funding, last 7 days+1.812%+$181 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.064%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3126 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $280K | $130K | 50x |
| Short | Gate MTL_USDT | 0.3128 | 0.0100 | get 0.0050% / 4h | 1h 57m | $152K | $78K | 25x |
MEXC MTL_USDT
Gate MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.064% → +0.002%
- $6.24
- Slippage, 4 orders
- −$592.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$604.96
- Costs to cover
- 6.112%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Gate: live order book, 43 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, 33 min ago | 1.60 bp | 16.2 bp −$16 | 112.3 bp −$1,123 | 173.3 bp −$17.3K | doesn't fit |
| Sell Gate live order book, 43 min ago | 6.42 bp | 277.5 bp −$277 | doesn't fit | 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 | 0.3125 | −0.032% | — | $1.3M | — | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3129 | +0.103% | $2K | $9K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3127 | +0.032% | $1.7M | $4.8M | 50x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3121 | −0.160% | $1.0M | $907K | 25x | as long as short |
| Gate MTL_USDTshort | +0.0100% | 4h | 0.3128 | +0.064% | $152K | $78K | 25x | |
| MEXC MTL_USDTlong | +0.0100% | 4h | 0.3126 | long leg | $280K | $130K | 50x | |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3133 | +0.224% | $659K | $24K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3128 | +0.064% | $342K | $128K | 25x | as long as short |
| BloFin MTL-USDT | +0.0130% | 4h | 0.3134 | +0.256% | $110K | $7K | 50x | as long as short |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Bybit MTLUSDT
KuCoin MTLUSDTM
Bitget MTLUSDT
BloFin MTL-USDT