Funding you earn now, next payment 00:00 UTC−0.0335%/8h= −36.6% APRnext payment −$1.67 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against BingX−0.046%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1811.812% of the position
Funding, last 5 days (all we have)−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.046%, 7d avg −0.093%
=Together, before fees−0.059%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.047% dearer against BingX than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.093%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 5 days (−0.158% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.158% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02178 | 0.0708 | pay 0.0354% / 4h | 1h 02m | — | $1.4M | — |
| Short | Aster 4USDT | 0.02177 | 0.0373 | get 0.0187% / 4h | 1h 02m | $249K | $95K | 5x |
BingX 4-USDT
Aster 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.29
- Price spread: −0.046% → −0.093%
- $4.74
- Slippage, 4 orders
- −$163.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$246.77
- Costs to cover
- 1.812%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Aster: live order book, 14 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 30.35 bp | 53.0 bp −$53 | 166.7 bp −$1,667 | doesn't fit | doesn't fit |
| Sell Aster live order book, 14 min ago | 5.33 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02158 | −0.934% | $52K | $6K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02175 | −0.142% | $2K | $1.0M | 20x | as long as short |
| Aster 4USDTshort | +0.0373% | 4h | 0.02177 | −0.046% | $249K | $95K | 5x | |
| Gate 4_USDT | +0.0458% | 4h | 0.02182 | +0.170% | $595K | $238K | 20x | as long as short |
| MEXC 4_USDT | +0.0460% | 4h | 0.02177 | −0.051% | $1.9M | $858K | 100x | as long as short |
| Binance 4USDT | +0.0467% | 4h | 0.02178 | −0.009% | $8.4M | $11.1M | 20x | as long as short |
| KuCoin 4USDTM | +0.0700% | 4h | 0.02176 | −0.096% | $950K | $13.1M | 20x | as long as short |
| BingX 4-USDTlong | +0.0708% | 4h | 0.02178 | long leg | — | $1.4M | — | |
| Bybit 4USDT | +0.0822% | 4h | 0.02179 | +0.023% | $2.9M | $1.7M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
MEXC 4_USDT
Binance 4USDT
KuCoin 4USDTM
Bybit 4USDT