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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1121%/8h= −122.7% APRpaid last 24h −0.168%
Price spread now: Aster against Bybit+0.264%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
The price spread pays, funding is against you. Aster is 0.264% dearer against Bybit than usual: you sell high and buy low (spread +0.264% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MTLUSDT0.30840.1124pay 0.1124% / 8h1h 56m$1.0M$686K25x
ShortAster MTLUSDT0.30920.0003get 0.0000% / 1h56m 27s$2K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
−$235.4
Price spread: +0.264% → 0.000%
$26.39
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$228.01
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Bybit: 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 Bybit live order book, 4 min ago1.62 bp49.9 bp −$501034.6 bp −$10.3Kdoesn't fitdoesn't fit
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 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 MTLUSDTshort+0.0003%1h0.3092+0.264%$2K$8K5x
BingX MTL-USDT+0.0036%4h0.3090+0.195%$1.3Mas long as short
Binance MTLUSDT+0.0100%4h0.3096+0.389%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3089+0.162%$166K$37K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3095+0.357%$267K$131K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3091+0.227%$656K$25K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3092+0.259%$342K$94K25xas long as short
BloFin MTL-USDT+0.0138%4h0.3092+0.259%$119K$5K50xas long as short
Bybit MTLUSDTlong+0.1124%8h0.3084long leg$1.0M$686K25x