ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0872%/8h= −95.5% APRnext payment −$4.36 per $10,000 · paid last 24h −0.237%

Price spread now: Gate against Aster−0.052%7-day average −0.160% · 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−$562as in the Price arb table

costs, in and out, $10k−$5735.732% of the position

Long on Aster Short on Gate

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)+1.926%+$193 · spread now −0.052%, 7d avg −0.160%

Together, before fees+1.600%+ Points / potential airdropAster: Stage 5 · farm board+$160 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.107% dearer against Aster than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.160%): +$11 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 5 days (−0.325% in total) that is about 43 hours.

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 −$4.36 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	0.05127	0.0990	pay 0.0495% / 4h	56m 21s	$13K	$106K	5x
Short	Gate ALCH_USDT	0.05124	0.0118	get 0.0059% / 4h	56m 21s	$290K	$684K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: −$183.09
Price spread: −0.052% → −0.160%: $10.75
Slippage, 4 orders: −$550.17
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$745.52
Costs to cover: 5.732%
Break-even: never at this rate

Slippage from Aster: live order book, 64 min ago; Gate: live order book, 56 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, 64 min ago	17.83 bp	84.4 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 56 min ago	15.62 bp	188.2 bp −$188	doesn't fit	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	0.05141	+0.279%	$3.0M	$6.1M	20x	as long as short
Bitget ALCHUSDT	+0.0100%	4h	0.05148	+0.416%	$943K	$1.8M	10x	as long as short
Variational Omni ALCH	+0.0100%	4h	0.05108	−0.365%	$3K	$17K	—	as long as short
Gate ALCH_USDTshort	+0.0118%	4h	0.05124	−0.052%	$290K	$684K	20x
Aster ALCHUSDTlong	+0.0990%	4h	0.05127	long leg	$13K	$106K	5x
MEXC ALCH_USDT	+0.1032%	4h	0.05133	+0.123%	$4.9M	$2.4M	100x	as long as short
Binance ALCHUSDT	+0.1033%	4h	0.05147	+0.394%	$6.1M	$27.3M	10x	as long as short
BingX ALCH-USDT	+0.1036%	4h	0.05144	+0.338%	—	$6.7M	—	as long as short
BloFin ALCH-USDT	+0.1038%	4h	0.05108	−0.365%	$402K	$113K	10x	as long as short
KuCoin ALCHUSDTM	+0.1292%	4h	0.05126	−0.013%	$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	+0.3897%	1h	0.05138	+0.217%	$12K	$33K	10x	as long as short