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

MTL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0263%/8h= −28.9% APRpaid last 24h +0.044%
Price spread now: Binance against Aster−0.013%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 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.31430.0100pay 0.0013% / 1h57m 49s$2K$9K5x
ShortBinance MTLUSDT0.3143−0.0163pay 0.0082% / 4h3h 57m$1.7M$4.8M50x

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
−$55.34
Price spread: −0.013% → 0.000%
−$1.31
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$74.64
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 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, 10 min ago1.59 bp32.1 bp −$32107.6 bp −$1,076doesn'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−0.0206%4h0.3140−0.107%$1.3Mas long as short
BloFin MTL-USDT−0.0190%4h0.3143−0.011%$112K$7K50xas long as short
MEXC MTL_USDT−0.0170%4h0.3141−0.075%$280K$126K50xas long as short
Binance MTLUSDTshort−0.0163%4h0.3143−0.013%$1.7M$4.8M50x
Bitget MTLUSDT+0.0082%4h0.3143−0.011%$345K$114K25xas long as short
Aster MTLUSDTlong+0.0100%1h0.3143long leg$2K$9K5x
Bybit MTLUSDT+0.0100%8h0.3134−0.298%$1.1M$958K25xas long as short
Gate MTL_USDT+0.0100%4h0.3139−0.139%$153K$76K25xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3141−0.075%$662K$23K30xas long as short