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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0280%/8h= +30.7% APRpaid last 24h +0.043%
Price spread now: Bitget against Aster−0.261%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
Funding pays, the price is against you. Bitget is 0.261% cheaper against Aster than usual: you would sell low and buy high (spread −0.261% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 3.1 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3126−0.0180get 0.0023% / 1h58m 44s$2K$9K5x
ShortBitget MTLUSDT0.31180.0100get 0.0050% / 4h1h 58m$326K$149K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$58.82
Price spread: −0.261% → 0.000%
−$26.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$12.71
Costs to cover
0.200%
Break-even
5.5 days
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 48 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 Bitget live order book, 48 min ago1.60 bp42.8 bp −$43341.9 bp −$3,419doesn'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 exchanges

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−0.0180%1h0.3126long leg$2K$9K5x
BloFin MTL-USDT−0.0013%4h0.3123−0.101%$107K$7K50xas long as short
BingX MTL-USDT+0.0020%4h0.3120−0.197%$1.3Mas long as short
MEXC MTL_USDT+0.0036%4h0.3121−0.165%$262K$125K50xas long as short
Binance MTLUSDT+0.0036%4h0.3123−0.101%$1.7M$4.6M50xas long as short
Bybit MTLUSDT+0.0100%8h0.3116−0.325%$1.0M$844K25xas long as short
Gate MTL_USDT+0.0100%4h0.3118−0.261%$150K$75K25xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3127+0.027%$658K$22K30xas long as short
Bitget MTLUSDTshort+0.0100%4h0.3118−0.261%$326K$149K25x