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

MTL

all MTL markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 22:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h −0.010%
Price spread now: BingX against Aster−0.148%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on AsterShort on BingX
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 days—no 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. BingX is 0.148% cheaper against Aster than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.8 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3102−0.0140get 0.0017% / 1h27m 48s$2K$8K5x
ShortBingX MTL-USDT0.30970.0036get 0.0018% / 4h2h 27m—$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
$36.88
Price spread: −0.148% → 0.000%
−$14.84
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$4.04
Costs to cover
0.180%
Break-even
6.2 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 9 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, 9 min ago4.84 bp30.1 bp −$30123.7 bp −$1,237661.0 bp −$66.1Kdoesn'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
Aster MTLUSDTlong−0.0140%1h0.3102long leg$2K$8K5x
BingX MTL-USDTshort+0.0036%4h0.3097−0.148%—$1.3M—
BloFin MTL-USDT+0.0083%4h0.3100−0.052%$119K$5K50xas long as short
Binance MTLUSDT+0.0100%4h0.3101−0.019%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3100−0.052%$166K$37K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3100−0.052%$268K$134K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3099−0.084%$658K$25K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3101−0.019%$343K$94K25xas long as short
Bybit MTLUSDT+0.1380%8h0.3092−0.310%$1.0M$686K25xas long as short