ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0890%/8h= −97.4% APRnext payment −$4.45 per $10,000 · paid last 24h −0.237%

Price spread now: Bitget against Aster+0.426%7-day average −0.035% · 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−$236as in the Price arb table

costs, in and out, $10k−$2832.826% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.325%−$33 on $10k

Price spread, last 4 days (all we have)+1.590%+$159 · spread now +0.426%, 7d avg −0.035%

Together, before fees+1.265%+ Points / potential airdropAster: Stage 5 · farm board+$126 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.462% dearer against Aster than usual: you sell high and buy low (spread +0.426% now, against its 7-day average of −0.035%): +$46 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 5 days (−0.325% in total) that is about 7.7 days.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.325% in total (about -21.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.45 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	Aster ALCHUSDT	0.05126	0.0990	pay 0.0495% / 4h	56m 27s	$13K	$106K	5x
Short	Bitget ALCHUSDT	0.05148	0.0100	get 0.0050% / 4h	56m 27s	$943K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.426%Rate

Funding earned: −$186.87
Price spread: +0.426% → −0.035%: $46.18
Slippage, 4 orders: −$262.63
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$423.33
Costs to cover: 2.826%
Break-even: never at this rate

Slippage from Aster: live order book, 64 min ago; Bitget: live order book, just now.

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, 64 min ago	17.83 bp	84.4 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, just now	13.60 bp	71.2 bp −$71	238.1 bp −$2,381	doesn't fit	doesn't fit

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	0.05133	+0.134%	$3.0M	$6.1M	20x	as long as short
Bitget ALCHUSDTshort	+0.0100%	4h	0.05148	+0.426%	$943K	$1.8M	10x
Variational Omni ALCH	+0.0100%	4h	0.05108	−0.355%	$3K	$17K	—	as long as short
Gate ALCH_USDT	+0.0118%	4h	0.05119	−0.139%	$289K	$684K	20x	as long as short
Aster ALCHUSDTlong	+0.0990%	4h	0.05126	long leg	$13K	$106K	5x
MEXC ALCH_USDT	+0.1032%	4h	0.05120	−0.120%	$4.9M	$2.4M	100x	as long as short
Binance ALCHUSDT	+0.1033%	4h	0.05142	+0.312%	$6.1M	$27.3M	10x	as long as short
BingX ALCH-USDT	+0.1036%	4h	0.05141	+0.290%	—	$6.7M	—	as long as short
BloFin ALCH-USDT	+0.1038%	4h	0.05108	−0.354%	$402K	$113K	10x	as long as short
KuCoin ALCHUSDTM	+0.1308%	4h	0.05123	−0.061%	$1.2M	$274K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.3928%	1h	0.05098	−0.558%	$12K	$33K	10x	as long as short