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

MTL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Aster against Bitget+0.097%7-day average · you sell dearer than you buy
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: Aster is 0.097% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MTLUSDT0.31360.0100pay 0.0050% / 4h54m 50s$350K$96K25x
ShortAster MTLUSDT0.31390.0100get 0.0013% / 1h54m 50s$2K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
Price spread: +0.097% → 0.000%
$9.7
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.3
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 15 min ago; Aster: no order-book sample. 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 Bitget live order book, 15 min ago3.21 bp47.2 bp −$47428.7 bp −$4,287doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.3139+0.096%$1.3Mas long as short
Aster MTLUSDTshort+0.0100%1h0.3139+0.097%$2K$8K5x
Binance MTLUSDT+0.0100%4h0.3139+0.084%$1.8M$3.5M50xas long as short
Gate MTL_USDT+0.0100%4h0.3137+0.032%$168K$35K25xas long as short
MEXC MTL_USDT+0.0100%4h0.3140+0.128%$271K$131K50xas long as short
KuCoin MTLUSDTM+0.0100%4h0.3137+0.032%$666K$24K30xas long as short
Bitget MTLUSDTlong+0.0100%4h0.3136long leg$350K$96K25x
BloFin MTL-USDT+0.0144%4h0.3141+0.159%$119K$5K50xas long as short
Bybit MTLUSDT+0.1017%8h0.3129−0.223%$1.0M$718K25xas long as short