MTL funding rates and arbitrage
MTL perpetuals trade on 8 contracts across 8 venues, forming 28 cross-venue arbitrage pairs. By net APR the current best pair is long Binance against short Bitget, netting +24.48%, with both legs settling on the same cadenceใ
MTL perpetual funding rates by venue
APR = current rate ร (24 รท settlement interval) ร 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| BingX | MTL-USDT | USDT | 4h | -0.0037% | -8.10% | -10.74% | $1.4M | 0.26230 |
| Binance | MTLUSDT | USDT | 4h | -0.0062% | -13.53% | -9.58% | $722K | 0.26240 |
| MEXC | MTL_USDT | USDT | 4h | -0.0054% | -11.83% | -9.54% | $114K | 0.26230 |
| Bybit | MTLUSDT | USDT | 8h | 0.0100% | +10.95% | +7.50% | $91K | 0.26240 |
| Bitget | MTLUSDT | USDT | 4h | 0.0050% | +10.95% | +1.93% | $16K | 0.26190 |
| KuCoin | MTLUSDTM | USDT | 4h | 0.0050% | +10.95% | +10.95% | $12K | 0.26270 |
| Gate | MTL_USDT | USDT | 4h | 0.0050% | +10.95% | +10.80% | $7K | 0.26190 |
| Aster | MTLUSDT | USDT | 4h | -0.0045% | -9.79% | -7.20% | $735 | 0.26260 |
MTL cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg โ long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Binance USDT | Bitget USDT | +24.48% | 0.0671% | +11.50% | 4h matched | $16K |
| Binance USDT | Bybit USDT | +24.48% | 0.0671% | +17.08% | 4h / 8h | $91K |
| Binance USDT | Gate USDT | +24.48% | 0.0671% | +20.37% | 4h matched | $7K |
| Binance USDT | KuCoin USDT | +24.48% | 0.0671% | +20.53% | 4h matched | $12K |
| MEXC USDT | Bitget USDT | +22.78% | 0.0624% | +11.47% | 4h matched | $16K |
| MEXC USDT | Bybit USDT | +22.78% | 0.0624% | +17.04% | 4h / 8h | $91K |
| MEXC USDT | Gate USDT | +22.78% | 0.0624% | +20.34% | 4h matched | $7K |
| MEXC USDT | KuCoin USDT | +22.78% | 0.0624% | +20.49% | 4h matched | $12K |
| Aster USDT | Bitget USDT | +20.74% | 0.0568% | +9.12% | 4h matched | $735 |
| Aster USDT | Bybit USDT | +20.74% | 0.0568% | +14.70% | 4h / 8h | $735 |
| Aster USDT | Gate USDT | +20.74% | 0.0568% | +18.00% | 4h matched | $735 |
| Aster USDT | KuCoin USDT | +20.74% | 0.0568% | +18.15% | 4h matched | $735 |
Metal DAO project profile
- Total
- 93.40M
- Max supply
- unlimited
- Type
- Token
- Market cap rank
- #735
0xbcfc435d8f276585f6431fc1b9ee9a850b5c00a9About
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases. Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs. Metal Pay was developed and launched by Metallicus in 2016.
Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.
Funding rates for other coins
Snapshot taken 2026-10-19 15:58 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.