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

MTL

all MTL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Binance against Aster−0.047%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.047% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.31160.0100pay 0.0013% / 1h15m 27s$2K$8K5x
ShortBinance MTLUSDT0.31140.0100get 0.0050% / 4h1h 15m$1.8M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.047% → 0.000%
−$4.69
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 6 min ago1.61 bp29.7 bp −$30134.8 bp −$1,348doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.3111−0.156%$1.3Mas long as short
Aster MTLUSDTlong+0.0100%1h0.3116long leg$2K$8K5x
Binance MTLUSDTshort+0.0100%4h0.3114−0.047%$1.8M$3.5M50x
Gate MTL_USDT+0.0100%4h0.3117+0.037%$167K$38K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3114−0.060%$269K$133K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3117+0.037%$661K$25K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3113−0.092%$351K$94K25xas long as short
BloFin MTL-USDT+0.0155%4h0.3114−0.060%$119K$5K50xas long as short
Bybit MTLUSDT+0.1050%8h0.3107−0.284%$1.0M$716K25xas long as short