Funding you earn now, next payment 01:00 UTC+0.0387%/8h= +42.3% APRpaid last 24h +0.003%
Price spread now: BloFin against Aster−0.168%82s7-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. BloFin is 0.168% cheaper against Aster than usual: you would sell low and buy high (spread −0.168% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 35 hours of funding at the current rate (+$12 a day). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MTLUSDT | 0.3204 | −0.0436 | get 0.0055% / 1h | 35m 49s | $2K | $8K | 5x |
| Short | BloFin MTL-USDT | 0.3199 | −0.0049 | pay 0.0025% / 4h | 3h 35m | $119K | $6K | 50x |
Aster MTLUSDT
BloFin MTL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $81.2
- Price spread: −0.168% → 0.000%
- −$16.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $44.41
- Costs to cover
- 0.200%
- Break-even
- 3.2 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 19 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 BloFin live order book, 19 min ago | 4.66 bp | 46.6 bp −$47 | 151.4 bp −$1,514 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MTL_USDT | −0.1658% | 4h | 0.3203 | −0.043% | $165K | $52K | 25x | as long as short |
| Bybit MTLUSDT | −0.1325% | 8h | 0.3202 | −0.074% | $1.1M | $920K | 25x | as long as short |
| BingX MTL-USDT | −0.0466% | 4h | 0.3204 | −0.012% | — | $1.3M | — | as long as short |
| Aster MTLUSDTlong | −0.0436% | 1h | 0.3204 | long leg | $2K | $8K | 5x | |
| Binance MTLUSDT | −0.0052% | 4h | 0.3205 | +0.019% | $1.8M | $4.4M | 50x | as long as short |
| MEXC MTL_USDT | −0.0052% | 4h | 0.3208 | +0.113% | $312K | $139K | 50x | as long as short |
| BloFin MTL-USDTshort | −0.0049% | 4h | 0.3199 | −0.168% | $119K | $6K | 50x | |
| Bitget MTLUSDT | +0.0024% | 4h | 0.3201 | −0.106% | $353K | $116K | 25x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3218 | +0.425% | $679K | $27K | 30x | as long as short |
Gate MTL_USDT
Bybit MTLUSDT
BingX MTL-USDT
Binance MTLUSDT
MEXC MTL_USDT
Bitget MTLUSDT
KuCoin MTLUSDTM