Metal DAO (MTL) Funding Rate History
Metal DAO (MTL) perpetual futures funding ranges from 0.50 bps on PHEMEX to 1.00 bps on BINGX across 8 reporting venues, a spread of 0.50 bps. The most extreme rate (10.95% APY annualized) is on BINGX. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MTL price.
MTL Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| BINGX | 1.00 bps | 10.95% APY | 1.10 bps | $1.32M |
| BINANCE | 1.00 bps | 10.95% APY | 0.90 bps | $673.31K |
| MEXC | 1.00 bps | 10.95% APY | 0.90 bps | $102.16K |
| BYBIT | 1.00 bps | 10.95% APY | 1.00 bps | $58.38K |
| GATEIO | 1.00 bps | 10.95% APY | 0.90 bps | $14.12K |
| BITGET | 1.00 bps | 10.95% APY | 1.10 bps | $8.66K |
| KUCOIN | 1.00 bps | 10.95% APY | 1.00 bps | $3.96K |
| PHEMEX | 0.50 bps | 5.47% APY | 0.40 bps | $54.59K |
Last updated 2026-07-07T15:02:55Z (UTC).
Loading MTL funding history...
Related: MTL open interest, MTL volume, MTL perp market data.