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

MTL

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Alert: funding
Alert: spread
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
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
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3179−0.1923get 0.0240% / 1h8m 39s$2K$8K5x
ShortBinance MTLUSDT0.3170−0.0661pay 0.0330% / 4h3h 08m$1.8M$4.7M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 14 min ago3.14 bp32.3 bp −$32142.0 bp −$1,420doesn'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−0.1923%1h0.3179long leg$2K$8K5x
BloFin MTL-USDT−0.0673%4h0.3169−0.320%$117K$6K50xas long as short
MEXC MTL_USDT−0.0664%4h0.3172−0.226%$306K$141K50xas long as short
Binance MTLUSDTshort−0.0661%4h0.3170−0.289%$1.8M$4.7M50x
Gate MTL_USDT−0.0644%4h0.3176−0.100%$161K$59K25xas long as short
BingX MTL-USDT−0.0610%4h0.3170−0.289%$1.3Mas long as short
Bitget MTLUSDT−0.0324%4h0.3165−0.446%$347K$116K25xas long as short
Bybit MTLUSDT−0.0182%8h0.3170−0.289%$1.1M$959K25xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3177−0.069%$671K$27K30xas long as short