Funding you earn now, next payment 01:00 UTC+0.1262%/8h= +138.2% APRpaid last 24h +0.005%
Price spread now: Binance against Aster−0.289%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. Binance is 0.289% cheaper against Aster than usual: you would sell low and buy high (spread −0.289% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 18 hours of funding at the current rate (+$38 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MTLUSDT | 0.3179 | −0.1923 | get 0.0240% / 1h | 8m 39s | $2K | $8K | 5x |
| Short | Binance MTLUSDT | 0.3170 | −0.0661 | pay 0.0330% / 4h | 3h 08m | $1.8M | $4.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $264.99
- Price spread: −0.289% → 0.000%
- −$28.89
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $218.1
- Costs to cover
- 0.180%
- Break-even
- 1.2 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 14 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 Binance live order book, 14 min ago | 3.14 bp | 32.3 bp −$32 | 142.0 bp −$1,420 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MTLUSDTlong | −0.1923% | 1h | 0.3179 | long leg | $2K | $8K | 5x | |
| BloFin MTL-USDT | −0.0673% | 4h | 0.3169 | −0.320% | $117K | $6K | 50x | as long as short |
| MEXC MTL_USDT | −0.0664% | 4h | 0.3172 | −0.226% | $306K | $141K | 50x | as long as short |
| Binance MTLUSDTshort | −0.0661% | 4h | 0.3170 | −0.289% | $1.8M | $4.7M | 50x | |
| Gate MTL_USDT | −0.0644% | 4h | 0.3176 | −0.100% | $161K | $59K | 25x | as long as short |
| BingX MTL-USDT | −0.0610% | 4h | 0.3170 | −0.289% | — | $1.3M | — | as long as short |
| Bitget MTLUSDT | −0.0324% | 4h | 0.3165 | −0.446% | $347K | $116K | 25x | as long as short |
| Bybit MTLUSDT | −0.0182% | 8h | 0.3170 | −0.289% | $1.1M | $959K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3177 | −0.069% | $671K | $27K | 30x | as long as short |
Aster MTLUSDT
Binance MTLUSDT
BloFin MTL-USDT
MEXC MTL_USDT
Gate MTL_USDT
BingX MTL-USDT
Bitget MTLUSDT
Bybit MTLUSDT
KuCoin MTLUSDTM