ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0625%/8h= +68.4% APRnext payment +$3.12 per $10,000 · paid last 24h −0.161%

Price spread now: KuCoin against Aster−0.177%7-day average −0.113% · 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−$837as in the Price arb table

costs, in and out, $10k−$8318.307% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+1.301%+$130 · spread now −0.177%, 7d avg −0.113%

Together, before fees+1.315%+ Points / potential airdropAster: Stage 5 · farm board+$131 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.113%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$19 a day). At the pace of the last 6 days (+0.013% in total) that is about 27 days.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.013% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.12 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	0.05083	0.0765	pay 0.0383% / 4h	3h 58m	$12K	$109K	5x
Short	KuCoin ALCHUSDTM	0.05074	0.1390	get 0.0695% / 4h	3h 58m	$1.2M	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.177%Rate

Funding earned: $131.18
Price spread: −0.177% → −0.113%: −$6.4
Slippage, 4 orders: −$810.69
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$705.91
Costs to cover: 8.307%
Break-even: 44.7 days

Slippage from Aster: live order book, 57 min ago; KuCoin: live order book, 7 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, 57 min ago	22.38 bp	175.7 bp −$176	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	28.59 bp	175.9 bp −$176	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	0.05079	−0.079%	$3.0M	$6.2M	20x	as long as short
Gate ALCH_USDT	+0.0100%	4h	0.05085	+0.039%	$290K	$690K	20x	as long as short
Bitget ALCHUSDT	+0.0100%	4h	0.05071	−0.236%	$894K	$1.8M	10x	as long as short
Variational Omni ALCH	+0.0100%	4h	0.05080	−0.057%	$3K	$17K	—	as long as short
Aster ALCHUSDTlong	+0.0765%	4h	0.05083	long leg	$12K	$109K	5x
BingX ALCH-USDT	+0.0780%	4h	0.05081	−0.039%	—	$6.7M	—	as long as short
MEXC ALCH_USDT	+0.0830%	4h	0.05082	−0.020%	$4.9M	$2.4M	100x	as long as short
Binance ALCHUSDT	+0.0831%	4h	0.05091	+0.155%	$6.0M	$27.6M	10x	as long as short
BloFin ALCH-USDT	+0.0857%	4h	0.05077	−0.118%	$396K	$113K	10x	as long as short
KuCoin ALCHUSDTMshort	+0.1390%	4h	0.05074	−0.177%	$1.2M	$272K	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.3089%	1h	0.05076	−0.129%	$12K	$34K	10x	as long as short