Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.006%
Price spread now: BloFin against Aster−0.192%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 −$1 a day on $10k at the current rate, and BloFin is 0.192% cheaper against Aster than usual: you would sell low and buy high (−$19 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 | 0.3118 | 0.0100 | pay 0.0013% / 1h | 22m 59s | $2K | $8K | 5x |
| Short | BloFin MTL-USDT | 0.3112 | 0.0080 | get 0.0040% / 4h | 1h 22m | $118K | $5K | 50x |
Aster MTLUSDT
BloFin MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.27
- Price spread: −0.192% → 0.000%
- −$19.18
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.44
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 49 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 BloFin live order book, 49 min ago | 3.23 bp | 24.4 bp −$24 | 79.3 bp −$793 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MTL-USDT | +0.0036% | 4h | 0.3115 | −0.096% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTshort | +0.0080% | 4h | 0.3112 | −0.192% | $118K | $5K | 50x | |
| Aster MTLUSDTlong | +0.0100% | 1h | 0.3118 | long leg | $2K | $8K | 5x | |
| Binance MTLUSDT | +0.0100% | 4h | 0.3115 | −0.096% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3113 | −0.160% | $166K | $38K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3114 | −0.128% | $269K | $133K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3115 | −0.096% | $661K | $25K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3113 | −0.160% | $351K | $95K | 25x | as long as short |
| Bybit MTLUSDT | +0.1073% | 8h | 0.3109 | −0.288% | $1.0M | $718K | 25x | as long as short |
BingX MTL-USDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT
Bybit MTLUSDT