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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h −0.015%
Price spread now: Aster against BingX+0.168%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 Aster is 0.168% dearer against BingX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MTL-USDT0.3170−0.0660get 0.0330% / 4h2h 11m$1.3M
ShortAster MTLUSDT0.3175−0.0450pay 0.0056% / 1h11m 06s$2K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$44.17
Price spread: +0.168% → 0.000%
$16.84
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$43
Costs to cover
0.180%
Break-even
0.2 days
Slippage unknown: BingX: live order book, 4 min ago; Aster: no order-book sample. 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 BingX live order book, 4 min ago6.32 bp30.8 bp −$31151.0 bp −$1,510711.2 bp −$71.1K1179.5 bp −$589.7K
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MTLUSDT−0.0728%4h0.31700.000%$1.7M$4.9M50xas long as short
MEXC MTL_USDT−0.0718%4h0.3171+0.032%$281K$141K50xas long as short
BingX MTL-USDTlong−0.0660%4h0.3170long leg$1.3M
Aster MTLUSDTshort−0.0450%1h0.3175+0.168%$2K$8K5x
Bitget MTLUSDT−0.0298%4h0.3165−0.158%$345K$122K25xas long as short
Bybit MTLUSDT+0.0100%8h0.3163−0.221%$1.1M$978K25xas long as short
Gate MTL_USDT+0.0100%4h0.3168−0.063%$157K$67K25xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3168−0.063%$668K$25K30xas long as short