Funding you earn now, next payment 04:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h +0.161%
Price spread now: Aster against KuCoin+0.372%7-day average +0.114% · 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−$531as in the Price arb table
costs, in and out, $10k−$5575.566% of the position
Funding, last 5 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−2.331%−$233 · spread now +0.372%, 7d avg +0.114%
=Together, before fees−2.344%+ Points / potential airdropAster: Stage 5 · farm board−$234 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.257% dearer against KuCoin than usual: you sell high and buy low (spread +0.372% now, against its 7-day average of +0.114%): +$26 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 5 days (−0.013% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 5 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 −$1.47 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 | KuCoin ALCHUSDTM | 0.05114 | 0.1560 | pay 0.0780% / 4h | 1h 40m | $1.2M | $276K | 10x |
| Short | Aster ALCHUSDT | 0.05133 | 0.1266 | get 0.0633% / 4h | 1h 40m | $13K | $101K | 5x |
KuCoin ALCHUSDTM
Aster ALCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$61.79
- Price spread: +0.372% → +0.114%
- $25.71
- Slippage, 4 orders
- −$536.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$592.72
- Costs to cover
- 5.566%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 20 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 KuCoin live order book, 4 min ago | 19.51 bp | 193.3 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 20 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 | 0.05114 | 0.000% | $3.0M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05119 | +0.098% | $919K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05114 | 0.000% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0268% | 4h | 0.05131 | +0.332% | $284K | $665K | 20x | as long as short |
| BingX ALCH-USDT | +0.1262% | 4h | 0.05122 | +0.156% | — | $6.7M | — | as long as short |
| Aster ALCHUSDTshort | +0.1266% | 4h | 0.05133 | +0.372% | $13K | $101K | 5x | |
| MEXC ALCH_USDT | +0.1336% | 4h | 0.05122 | +0.156% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1337% | 4h | 0.05118 | +0.078% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1368% | 4h | 0.05135 | +0.411% | $398K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTMlong | +0.1560% | 4h | 0.05114 | long leg | $1.2M | $276K | 10x |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
BingX ALCH-USDT
MEXC ALCH_USDT
Binance ALCHUSDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3872% | 1h | 0.05116 | +0.038% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD