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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.013%
Price spread now: BingX against Aster+0.026%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 6 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. BingX is 0.026% dearer against Aster than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.31190.0100pay 0.0013% / 1h52m 48s$2K$9K5x
ShortBingX MTL-USDT0.31200.0036get 0.0018% / 4h3h 52m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$13.44
Price spread: +0.026% → 0.000%
$2.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$28.84
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 7 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 BingX live order book, 7 min ago4.82 bp28.4 bp −$28107.3 bp −$1,073539.4 bp −$53.9Kdoesn'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
BingX MTL-USDTshort+0.0036%4h0.3120+0.026%$1.3M
Aster MTLUSDTlong+0.0100%1h0.3119long leg$2K$9K5x
Binance MTLUSDT+0.0100%4h0.3121+0.058%$1.7M$4.8M50xas long as short
Bybit MTLUSDT+0.0100%8h0.3113−0.198%$1.0M$902K25xas long as short
Gate MTL_USDT+0.0100%4h0.3117−0.070%$150K$75K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3121+0.058%$263K$130K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3121+0.058%$657K$24K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3117−0.070%$328K$148K25xas long as short
BloFin MTL-USDT+0.0144%4h0.3120+0.026%$108K$8K50xas long as short