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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0275%/8h= +30.1% APRpaid last 24h +0.015%
Price spread now: BingX against Aster−1.117%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 pays, the price is against you. BingX is 1.117% cheaper against Aster than usual: you would sell low and buy high (spread −1.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$112 on $10k: about 14 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3212−0.0963get 0.0120% / 1h33m 37s$2K$8K5x
ShortBingX MTL-USDT0.3176−0.0688pay 0.0344% / 4h2h 33m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$57.81
Price spread: −1.117% → 0.000%
−$111.67
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$71.86
Costs to cover
0.180%
Break-even
15.7 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago4.72 bp37.6 bp −$38134.8 bp −$1,348490.6 bp −$49.1K1036.1 bp −$518.1K
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 8 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
Aster MTLUSDTlong−0.0963%1h0.3212long leg$2K$8K5x
MEXC MTL_USDT−0.0694%4h0.3182−0.930%$282K$139K50xas long as short
BingX MTL-USDTshort−0.0688%4h0.3176−1.117%$1.3M
Binance MTLUSDT−0.0685%4h0.3180−0.977%$1.8M$4.9M50xas long as short
Bitget MTLUSDT−0.0250%4h0.3175−1.148%$346K$122K25xas long as short
Gate MTL_USDT+0.0062%4h0.3180−0.992%$158K$64K25xas long as short
Bybit MTLUSDT+0.0100%8h0.3175−1.148%$1.1M$998K25xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3181−0.961%$671K$25K30xas long as short