Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.055%
Price spread now: Aster against BingX+0.039%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−$435as in the Price arb table
costs, in and out, $10k−$4434.429% of the position
Funding, last 5 days (all we have)−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−2.142%−$214 · spread now +0.039%, 7d avg −0.039%
=Together, before fees−2.153%+ Points / potential airdropAster: Stage 5 · farm board−$215 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.078% dearer against BingX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.039%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 5 days (−0.011% in total) that is about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALCH-USDT | 0.05135 | 0.0994 | pay 0.0497% / 4h | 54m 42s | — | $6.7M | — |
| Short | Aster ALCHUSDT | 0.05137 | 0.0980 | get 0.0490% / 4h | 54m 42s | $13K | $106K | 5x |
Funding 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
- −$3.06
- Price spread: +0.039% → −0.039%
- $7.8
- Slippage, 4 orders
- −$424.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$438.13
- Costs to cover
- 4.429%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 1 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, 13 min ago | 9.73 bp | 48.4 bp −$48 | 359.4 bp −$3,594 | 678.8 bp −$67.9K | 843.5 bp −$421.7K |
| Sell Aster live order book, 1 min ago | 22.38 bp | 172.8 bp −$173 | 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 | 0.05131 | −0.078% | $3.0M | $6.1M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05140 | +0.097% | $946K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05142 | +0.130% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0112% | 4h | 0.05133 | −0.039% | $290K | $684K | 20x | as long as short |
| Aster ALCHUSDTshort | +0.0980% | 4h | 0.05137 | +0.039% | $13K | $106K | 5x | |
| BingX ALCH-USDTlong | +0.0994% | 4h | 0.05135 | long leg | — | $6.7M | — | |
| Binance ALCHUSDT | +0.1008% | 4h | 0.05141 | +0.111% | $6.1M | $27.3M | 10x | as long as short |
| MEXC ALCH_USDT | +0.1020% | 4h | 0.05135 | 0.000% | $4.9M | $2.4M | 100x | as long as short |
| BloFin ALCH-USDT | +0.1064% | 4h | 0.05121 | −0.273% | $403K | $113K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1278% | 4h | 0.05124 | −0.214% | $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 | +0.3902% | 1h | 0.05132 | −0.062% | $12K | $33K | 10x | as long as short |
BingX ALCH-USDT
Aster ALCHUSDT
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
Binance ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTM
Kraken Futures PF_ALCHUSD