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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.013%
Price spread now: Gate against Aster+0.026%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.026% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3101−0.0098get 0.0012% / 1h19m 23s$2K$8K5x
ShortGate MTL_USDT0.31020.0100get 0.0050% / 4h2h 19m$166K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$41.63
Price spread: +0.026% → 0.000%
$2.59
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$21.22
Costs to cover
0.230%
Break-even
3.4 days
Slippage unknown: Aster: no order-book sample; Gate: live order book, 64 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 Gate live order book, 64 min ago9.65 bp319.5 bp −$320doesn't fitdoesn'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
Aster MTLUSDTlong−0.0098%1h0.3101long leg$2K$8K5x
BingX MTL-USDT+0.0036%4h0.3099−0.071%$1.3Mas long as short
BloFin MTL-USDT+0.0056%4h0.3105+0.123%$120K$5K50xas long as short
Binance MTLUSDT+0.0100%4h0.3100−0.039%$1.8M$3.5M50xas long as short
Gate MTL_USDTshort+0.0100%4h0.3102+0.026%$166K$37K25x
MEXC MTL_USDT+0.0100%4h0.3102+0.026%$268K$134K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3096−0.168%$657K$25K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3096−0.168%$343K$94K25xas long as short
Bybit MTLUSDT+0.1293%8h0.3092−0.297%$1.0M$686K25xas long as short