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+0.0288%/8h= +31.6% APRpaid last 24h +0.045%
Price spread now: Gate against Aster−0.249%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. Gate is 0.249% cheaper against Aster than usual: you would sell low and buy high (spread −0.249% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 2.9 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MTLUSDT0.3126−0.0188get 0.0024% / 1h57m 48s$2K$9K5x
ShortGate MTL_USDT0.31180.0100get 0.0050% / 4h1h 57m$150K$75K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$60.51
Price spread: −0.249% → 0.000%
−$24.9
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$12.62
Costs to cover
0.230%
Break-even
5.5 days
Slippage unknown: Aster: no order-book sample; Gate: 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 Gate live order book, 48 min ago3.20 bp311.9 bp −$312doesn't fitdoesn'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−0.0188%1h0.3126long leg$2K$9K5x
BloFin MTL-USDT−0.0013%4h0.3123−0.089%$107K$7K50xas long as short
BingX MTL-USDT+0.0020%4h0.3120−0.185%$1.3Mas long as short
MEXC MTL_USDT+0.0036%4h0.3122−0.121%$262K$126K50xas long as short
Binance MTLUSDT+0.0036%4h0.3122−0.127%$1.7M$4.6M50xas long as short
Bybit MTLUSDT+0.0100%8h0.3116−0.313%$1.0M$843K25xas long as short
Gate MTL_USDTshort+0.0100%4h0.3118−0.249%$150K$75K25x
KuCoin MTLUSDTM+0.0100%4h0.3127+0.039%$658K$22K30xas long as short
Bitget MTLUSDT+0.0100%4h0.3118−0.249%$326K$149K25xas long as short