Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.055%
Price spread now: BingX against Aster+0.078%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2752.749% of the position
Funding, last 5 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+2.025%+$202 · spread now +0.078%, 7d avg +0.039%
=Together, before fees+2.036%+ Points / potential airdropAster: Stage 5 · farm board+$204 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.039% dearer against Aster than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.039%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALCHUSDT | 0.05133 | 0.1252 | pay 0.0626% / 4h | 1h 44m | $13K | $100K | 5x |
| Short | BingX ALCH-USDT | 0.05137 | 0.1242 | get 0.0621% / 4h | 1h 44m | — | $6.7M | — |
Aster ALCHUSDT
BingX ALCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- −$2.18
- Price spread: +0.078% → +0.039%
- $3.89
- Slippage, 4 orders
- −$256.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$273.2
- Costs to cover
- 2.749%
- Break-even
- never at this rate
Slippage from Aster: live order book, 16 min ago; BingX: live order book, 8 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 Aster live order book, 16 min ago | 17.83 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.85 bp | 55.5 bp −$56 | 289.2 bp −$2,892 | 724.4 bp −$72.4K | 878.3 bp −$439.1K |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05127 | −0.117% | $3.0M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05134 | +0.019% | $923K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.319% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0276% | 4h | 0.05136 | +0.058% | $284K | $665K | 20x | as long as short |
| BingX ALCH-USDTshort | +0.1242% | 4h | 0.05137 | +0.078% | — | $6.7M | — | |
| Aster ALCHUSDTlong | +0.1252% | 4h | 0.05133 | long leg | $13K | $100K | 5x | |
| MEXC ALCH_USDT | +0.1326% | 4h | 0.05127 | −0.117% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1328% | 4h | 0.05141 | +0.156% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1344% | 4h | 0.05138 | +0.097% | $399K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1548% | 4h | 0.05116 | −0.331% | $1.2M | $276K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
MEXC ALCH_USDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3859% | 1h | 0.05133 | 0.000% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD