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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0909%/8h= +99.5% APRpaid last 24h +0.169%
Price spread now: Bybit against Aster−0.272%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. Bybit is 0.272% cheaper against Aster than usual: you would sell low and buy high (spread −0.272% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 24 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.31410.0100pay 0.0013% / 1h51m 10s$2K$8K5x
ShortBybit MTLUSDT0.31320.1009get 0.1009% / 8h51m 10s$1.0M$716K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$190.85
Price spread: −0.272% → 0.000%
−$27.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$144.6
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago3.19 bp38.3 bp −$38148.9 bp −$1,489doesn'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
BingX MTL-USDT+0.0036%4h0.3124−0.527%$1.3Mas long as short
BloFin MTL-USDT+0.0076%4h0.3137−0.113%$119K$5K50xas long as short
Aster MTLUSDTlong+0.0100%1h0.3141long leg$2K$8K5x
Binance MTLUSDT+0.0100%4h0.3137−0.100%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3136−0.145%$167K$35K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3138−0.081%$271K$131K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3140−0.018%$666K$24K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3136−0.145%$350K$96K25xas long as short
Bybit MTLUSDTshort+0.1009%8h0.3132−0.272%$1.0M$716K25x