data as of
Settings8H · net · $10k
Price arb /

MTL

all MTL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$561
spread now+0.097%7d average−0.003%fees + slippage, in and out−$571spread needed5.708%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MTLUSDT0.30820.0100pay 0.0050% / 4h1h 37m$1.8M$3.2M50x
ShortGate MTL_USDT0.30850.0100get 0.0050% / 4h1h 37m$167K$34K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$9.73
Funding while held
$0
Slippage, 4 orders
−$545.78
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$561.05
Spread needed to break even
5.708%
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 55 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago1.62 bp30.7 bp −$31196.1 bp −$1,961doesn't fitdoesn't fit
Sell Gate live order book, 55 min ago8.11 bp269.6 bp −$270doesn't fitdoesn't fitdoesn't fit

MTL price on every exchange

against the cheapest. Click to use as the short leg.

MTL on 9 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit MTLUSDT−0.130%+0.2089%8h$1.0M$634K25xas long as short
Bitget MTLUSDT−0.065%+0.0100%4h$347K$82K25xas long as short
BingX MTL-USDT−0.065%+0.0036%4h$1.3Mas long as short
Binance MTLUSDTlong0.000%+0.0100%4h$1.8M$3.2M50x
MEXC MTL_USDT+0.032%+0.0100%4h$268K$132K50xas long as short
Aster MTLUSDT+0.052%+0.0100%1h$2K$8K5xas long as short
Gate MTL_USDTshort+0.097%+0.0100%4h$167K$34K25x
KuCoin MTLUSDTM+0.130%+0.0100%4h$659K$25K30xas long as short
BloFin MTL-USDT+0.195%+0.0098%4h$122K$5K50xas long as short