Funding you earn now, next payment 04:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h +0.049%
Price spread now: Bitget against Aster−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.025% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MTLUSDT | 0.3151 | 0.0071 | pay 0.0009% / 1h | 32m 20s | $2K | $8K | 5x |
| Short | Bitget MTLUSDT | 0.3150 | −0.0106 | pay 0.0053% / 4h | 32m 20s | $344K | $116K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- −$37.21
- Price spread: −0.025% → 0.000%
- −$2.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.72
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 18 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 18 min ago | 3.18 bp | 46.5 bp −$46 | 328.5 bp −$3,285 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MTL_USDT | −0.0498% | 4h | 0.3154 | +0.102% | $291K | $135K | 50x | as long as short |
| Binance MTLUSDT | −0.0485% | 4h | 0.3154 | +0.102% | $1.7M | $4.8M | 50x | as long as short |
| BloFin MTL-USDT | −0.0483% | 4h | 0.3149 | −0.057% | $113K | $7K | 50x | as long as short |
| BingX MTL-USDT | −0.0468% | 4h | 0.3150 | −0.025% | — | $1.3M | — | as long as short |
| Bitget MTLUSDTshort | −0.0106% | 4h | 0.3150 | −0.025% | $344K | $116K | 25x | |
| Aster MTLUSDTlong | +0.0071% | 1h | 0.3151 | long leg | $2K | $8K | 5x | |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3144 | −0.216% | $1.1M | $965K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3147 | −0.120% | $156K | $65K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3154 | +0.102% | $665K | $22K | 30x | as long as short |
Aster MTLUSDT
Bitget MTLUSDT
MEXC MTL_USDT
Binance MTLUSDT
BloFin MTL-USDT
BingX MTL-USDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM