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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Aster against Gate+0.088%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 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.088% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MTL_USDT0.31350.0100pay 0.0050% / 4h2m 03s$167K$36K25x
ShortAster MTLUSDT0.31380.0100get 0.0013% / 1h2m 03s$2K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$0
Price spread: +0.088% → 0.000%
$8.77
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$14.23
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Aster: no order-book sample. 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 Gate live order book, 4 min ago3.20 bp192.3 bp −$192doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.3139+0.128%$1.3Mas long as short
BloFin MTL-USDT+0.0084%4h0.3133−0.064%$119K$5K50xas long as short
Aster MTLUSDTshort+0.0100%1h0.3138+0.088%$2K$8K5x
Binance MTLUSDT+0.0100%4h0.3136+0.032%$1.8M$3.5M50xas long as short
Gate MTL_USDTlong+0.0100%4h0.3135long leg$167K$36K25x
MEXC MTL_USDT+0.0100%4h0.31350.000%$279K$135K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.31350.000%$665K$24K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3131−0.128%$345K$93K25xas long as short
Bybit MTLUSDT+0.0843%8h0.3128−0.223%$1.0M$715K25xas long as short