Funding you earn now, next payment 04:00 UTC−0.0501%/8h= −54.8% APRpaid last 24h +0.044%
Price spread now: MEXC against Aster−0.146%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 −$15 a day on $10k at the current rate, and MEXC is 0.146% cheaper against Aster than usual: you would sell low and buy high (−$15 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 | 0.3159 | −0.0065 | get 0.0008% / 1h | 52m 38s | $2K | $8K | 5x |
| Short | MEXC MTL_USDT | 0.3154 | −0.0566 | pay 0.0283% / 4h | 52m 38s | $292K | $134K | 50x |
Aster MTLUSDT
MEXC MTL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$105.17
- Price spread: −0.146% → 0.000%
- −$14.63
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 52 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 MEXC live order book, 52 min ago | 1.58 bp | 17.6 bp −$18 | 120.3 bp −$1,203 | 180.6 bp −$18.1K | 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 | −0.0578% | 4h | 0.3150 | −0.273% | — | $1.3M | — | as long as short |
| MEXC MTL_USDTshort | −0.0566% | 4h | 0.3154 | −0.146% | $292K | $134K | 50x | |
| Binance MTLUSDT | −0.0563% | 4h | 0.3153 | −0.183% | $1.7M | $4.8M | 50x | as long as short |
| BloFin MTL-USDT | −0.0560% | 4h | 0.3151 | −0.241% | $115K | $7K | 50x | as long as short |
| Bitget MTLUSDT | −0.0162% | 4h | 0.3153 | −0.178% | $344K | $115K | 25x | as long as short |
| Aster MTLUSDTlong | −0.0065% | 1h | 0.3159 | long leg | $2K | $8K | 5x | |
| Bybit MTLUSDT | +0.0100% | 8h | 0.3145 | −0.431% | $1.1M | $963K | 25x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3156 | −0.083% | $156K | $64K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3154 | −0.146% | $665K | $22K | 30x | as long as short |
BingX MTL-USDT
Binance MTLUSDT
BloFin MTL-USDT
Bitget MTLUSDT
Bybit MTLUSDT
Gate MTL_USDT
KuCoin MTLUSDTM