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: Aster against Gate+0.140%7-day average +0.160% · 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−$575as in the Price arb table
costs, in and out, $10k−$5735.732% of the position
Funding, last 5 days (all we have)+0.325%+$33 on $10k
+Price spread, last 4 days (all we have)−2.013%−$201 · spread now +0.140%, 7d avg +0.160%
=Together, before fees−1.688%+ Points / potential airdropAster: Stage 5 · farm board−$169 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.020% cheaper against Gate than usual: you would sell low and buy high (spread +0.140% now, against its 7-day average of +0.160%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$26 a day). At the pace of the last 5 days (+0.325% in total) that is about 8 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 | Gate ALCH_USDT | 0.05119 | 0.0118 | pay 0.0059% / 4h | 56m 26s | $289K | $684K | 20x |
| Short | Aster ALCHUSDT | 0.05126 | 0.0990 | get 0.0495% / 4h | 56m 26s | $13K | $106K | 5x |
Gate ALCH_USDT
Aster ALCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $183.09
- Price spread: +0.140% → +0.160%
- −$2.03
- Slippage, 4 orders
- −$550.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$392.11
- Costs to cover
- 5.732%
- Break-even
- 22.0 days
Slippage from Gate: live order book, 55 min ago; Aster: live order book, 64 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 Gate live order book, 55 min ago | 15.62 bp | 201.0 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 64 min ago | 17.83 bp | 99.6 bp −$100 | 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 | 0.05133 | +0.273% | $3.0M | $6.1M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05148 | +0.567% | $943K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05108 | −0.216% | $3K | $17K | — | as long as short |
| Gate ALCH_USDTlong | +0.0118% | 4h | 0.05119 | long leg | $289K | $684K | 20x | |
| Aster ALCHUSDTshort | +0.0990% | 4h | 0.05126 | +0.140% | $13K | $106K | 5x | |
| MEXC ALCH_USDT | +0.1032% | 4h | 0.05120 | +0.020% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1033% | 4h | 0.05142 | +0.452% | $6.1M | $27.3M | 10x | as long as short |
| BingX ALCH-USDT | +0.1036% | 4h | 0.05141 | +0.430% | — | $6.7M | — | as long as short |
| BloFin ALCH-USDT | +0.1038% | 4h | 0.05108 | −0.215% | $402K | $113K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1308% | 4h | 0.05123 | +0.078% | $1.2M | $274K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
MEXC ALCH_USDT
Binance ALCHUSDT
BingX ALCH-USDT
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 | +0.3928% | 1h | 0.05098 | −0.419% | $12K | $33K | 10x | as long as short |
Kraken Futures PF_ALCHUSD