Funding you earn now, next payment 02:00 UTC+0.0550%/8h= +60.2% APRpaid last 24h +0.265%
Price spread now: Bybit against Aster−0.390%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
=Funding pays, the price is against you. Bybit is 0.390% cheaper against Aster than usual: you would sell low and buy high (spread −0.390% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 2.4 days of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MTLUSDT | 0.3175 | −0.0450 | get 0.0056% / 1h | 11m 21s | $2K | $8K | 5x |
| Short | Bybit MTLUSDT | 0.3163 | 0.0100 | get 0.0100% / 8h | 6h 11m | $1.1M | $978K | 25x |
Aster MTLUSDT
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $115.43
- Price spread: −0.390% → 0.000%
- −$38.98
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $57.45
- Costs to cover
- 0.190%
- Break-even
- 3.5 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 3.17 bp | 48.3 bp −$48 | 434.8 bp −$4,348 | 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 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MTLUSDT | −0.0728% | 4h | 0.3170 | −0.169% | $1.7M | $4.9M | 50x | as long as short |
| MEXC MTL_USDT | −0.0718% | 4h | 0.3169 | −0.201% | $280K | $141K | 50x | as long as short |
| BingX MTL-USDT | −0.0660% | 4h | 0.3171 | −0.138% | — | $1.3M | — | as long as short |
| Aster MTLUSDTlong | −0.0450% | 1h | 0.3175 | long leg | $2K | $8K | 5x | |
| Bitget MTLUSDT | −0.0298% | 4h | 0.3163 | −0.390% | $345K | $122K | 25x | as long as short |
| Bybit MTLUSDTshort | +0.0100% | 8h | 0.3163 | −0.390% | $1.1M | $978K | 25x | |
| Gate MTL_USDT | +0.0100% | 4h | 0.3168 | −0.232% | $157K | $67K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3168 | −0.232% | $668K | $25K | 30x | as long as short |
Binance MTLUSDT
MEXC MTL_USDT
BingX MTL-USDT
Bitget MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM