MTL — price, funding and open interest
MTL/USDT perpetual on Binance · Upbit · BingX · Bybit · HTX · MEXC · Bitget · Gate · KuCoin: price 0.3154, 24h turnover $7.2M. Updated in real time.
What this is
Payments and transfersThe token of Metal Pay, a US-focused app for transfers and buying crypto. It was used for payment rewards.
Chart
Chart built from data of Bybit
What the data shows
MTL trades at 0.3154. Over 365 days it ranged between 0.1773 and 0.7206; the price now sits in the lower third of that range — 25% of the way from the yearly low to the high.
All-time high is 3.7859 (March 2024); the price is 92% below it now.
24-hour turnover is $7.2M — the 98th percentile for the year: noticeably busier than usual.
Volume over the last five minutes is 3.1x the usual for this instrument.
Over the day +2.33%, over the hour +0.83%, over the last five minutes -1.00% — the move has only just started.
Binance pays -0.0248% and Bybit -0.1859% — a gap of 0.1611 percentage points, higher on Binance.
The daily range is 9.6% and five-minute NATR is 0.73%. That range is in the 64th percentile for the year — an ordinary day for it.
NATR is 0.45% on the minute and 1.28% on the hour — price grinds: the hourly range is barely wider than the minute one.
Funding is -0.0248%: shorts pay longs, so positioning leans to sellers. For this coin that is an ordinary rate — the 56th percentile for the month.
Traded on 9 venues: Binance, Upbit, BingX, Bybit, HTX, MEXC, Bitget, Gate, KuCoin — the price is cross-checked across several sources.
Open positions in MTL are worth $5.2M. Over the past hour open interest rose by 1.98%. That is an ordinary level for this coin — the 56th percentile.
MTL correlation with Bitcoin over 24 hours is 0.36 — it partly moves with the market.
By turnover it ranks 498 of 2006 instruments in the screener.
By daily range it ranks 646 of 2006.
Built from current numbers and the coin's own year of history. Updates with the data.
How MTL behaved before
Tracked since April 2022 — 53 full months, and falling ones prevail: 36 of 53. Median month -4.9%.
In September the instrument rose 2 times out of 4, median -0.6%.
Best month — November 2024: +71.4%. Worst — June 2024: -35.1%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
Kairo- VolumeVolume spike ×3.1 against its own five-minute norm. MTL traded $7.2M over 24h.
- VenuesVenue rates diverged: Binance -0.0248%, Bybit -0.1859%. Gap 0.1611 points — sentiment differs between venues.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — payments and transfers. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.