Funding you earn now, next payment 04:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against MEXC−0.095%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,048as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,143as in the Price arb table
costs, in and out, $10k−$1,12811.281% of the position
Funding, last 7 days+0.805%+$80 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.095%, 7d avg +0.051%
=Funding pays, the price is against you. KuCoin is 0.147% cheaper against MEXC than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.051%). If the spread goes back, that is −$15 on $10k: about 29 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MTL_USDT | 0.3154 | −0.0306 | get 0.0153% / 4h | 12m 18s | $291K | $137K | 50x |
| Short | KuCoin MTLUSDTM | 0.3151 | 0.0100 | get 0.0050% / 4h | 12m 18s | $664K | $23K | 30x |
MEXC MTL_USDT
KuCoin MTLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $85.26
- Price spread: −0.095% → +0.051%
- −$14.66
- Slippage, 4 orders
- −$1,112.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,057.51
- Costs to cover
- 11.281%
- Break-even
- 93.8 days
Slippage from MEXC: live order book, 28 min ago; KuCoin: live order book, 2 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, 28 min ago | 1.59 bp | 13.4 bp −$13 | 120.5 bp −$1,205 | 184.1 bp −$18.4K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 30.14 bp | 548.9 bp −$549 | 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 | −0.0340% | 4h | 0.3150 | −0.127% | — | $1.3M | — | as long as short |
| MEXC MTL_USDTlong | −0.0306% | 4h | 0.3154 | long leg | $291K | $137K | 50x | |
| BloFin MTL-USDT | −0.0303% | 4h | 0.3149 | −0.159% | $112K | $7K | 50x | as long as short |
| Binance MTLUSDT | −0.0294% | 4h | 0.3155 | +0.023% | $1.7M | $4.8M | 50x | as long as short |
| Bitget MTLUSDT | +0.0012% | 4h | 0.3151 | −0.095% | $344K | $112K | 25x | as long as short |
| Aster MTLUSDT | +0.0100% | 1h | 0.3151 | −0.089% | $2K | $9K | 5x | as long as short |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3145 | −0.285% | $1.1M | $962K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3150 | −0.127% | $153K | $75K | 25x | as long as short |
| KuCoin MTLUSDTMshort | +0.0100% | 4h | 0.3151 | −0.095% | $664K | $23K | 30x |
BingX MTL-USDT
BloFin MTL-USDT
Binance MTLUSDT
Bitget MTLUSDT
Aster MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT