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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.006%
Price spread now: BloFin against Aster−0.132%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.132% cheaper against Aster than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.31090.0100pay 0.0013% / 1h26m 46s$2K$8K5x
ShortBloFin MTL-USDT0.31050.0102get 0.0051% / 4h1h 26m$119K$5K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.5
Price spread: −0.132% → 0.000%
−$13.23
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.73
Costs to cover
0.200%
Break-even
468.0 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 46 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 BloFin live order book, 46 min ago3.23 bp24.4 bp −$2479.3 bp −$793doesn'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%4h0.3107−0.068%$1.3Mas long as short
Aster MTLUSDTlong+0.0100%1h0.3109long leg$2K$8K5x
Binance MTLUSDT+0.0100%4h0.3108−0.022%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3106−0.100%$166K$38K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3109−0.004%$268K$133K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3108−0.036%$659K$25K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3111+0.061%$350K$95K25xas long as short
BloFin MTL-USDTshort+0.0102%4h0.3105−0.132%$119K$5K50x
Bybit MTLUSDT+0.1105%8h0.3106−0.100%$1.0M$718K25xas long as short