Spread before costs (cost unknown: a leg has no order-book sample)−0.057%
7d average—if it closes, per $10,000$6funding while held, a day+$58.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MTLUSDT | 0.3084 | 0.0100 | pay 0.0013% / 1h | 16m 23s | $2K | $8K | 5x |
| Short | Bybit MTLUSDT | 0.3082 | 0.2040 | get 0.2040% / 8h | 5h 16m | $1.0M | $635K | 25x |
Aster MTLUSDT
Bybit MTLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.73
- Funding while held
- $58.19
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $33.46
- Spread needed to break even
- 0.190%
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1940%
- Per $10,000 a day
- +$58.19
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 3.25 bp | 36.5 bp −$37 | 423.0 bp −$4,230 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3082cheapest
Bitget0.3082cheapestKuCoin0.3083+0.032%BingX0.3083+0.032%
Bitget
KuCoin
BingXAster0.3084+0.057%
Gate0.3084+0.065%MEXC0.3086+0.130%BloFin0.3086+0.130%Binance0.3087+0.161%
Gate
MEXC
BloFin
BinanceMTL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MTLUSDTshort | −0.057% | +0.2040% | 8h | $1.0M | $635K | 25x | |
| Bitget MTLUSDT | −0.057% | +0.0100% | 4h | $347K | $82K | 25x | as long as short |
| KuCoin MTLUSDTM | −0.025% | +0.0100% | 4h | $658K | $23K | 30x | as long as short |
| BingX MTL-USDT | −0.025% | +0.0036% | 4h | — | $1.3M | — | as long as short |
| Aster MTLUSDTlong | 0.000% | +0.0100% | 1h | $2K | $8K | 5x | |
| Gate MTL_USDT | +0.008% | +0.0100% | 4h | $167K | $34K | 25x | as long as short |
| MEXC MTL_USDT | +0.072% | +0.0100% | 4h | $266K | $134K | 50x | as long as short |
| BloFin MTL-USDT | +0.072% | +0.0157% | 4h | $123K | $5K | 50x | as long as short |
| Binance MTLUSDT | +0.103% | +0.0100% | 4h | $1.8M | $3.2M | 50x | as long as short |