Funding you earn now, next payment 04:00 UTC−0.0710%/8h= −77.7% APRnext payment −$3.55 per $10,000 · paid last 24h −0.054%
Price spread now: Binance against Aster+0.205%7-day average +0.134% · 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−$320as in the Price arb table
costs, in and out, $10k−$3273.270% of the position
Funding, last 5 days (all we have)−0.295%−$29 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.205%, 7d avg +0.134%
=Together, before fees−0.444%+ Points / potential airdropAster: Stage 5 · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.071% dearer against Aster than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.134%): +$7 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 5 days (−0.295% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.295% in total (about -19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.55 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 APRUSDT | 0.1465 | 0.0810 | pay 0.0405% / 4h | 31m 22s | $71K | $80K | 5x |
| Short | Binance APRUSDT | 0.1468 | 0.0100 | get 0.0050% / 4h | 31m 22s | $6.7M | $5.1M | 50x |
Aster APRUSDT
Binance APRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$149
- Price spread: +0.205% → +0.134%
- $7.1
- Slippage, 4 orders
- −$308.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$468.89
- Costs to cover
- 3.270%
- Break-even
- never at this rate
Slippage from Aster: live order book, 57 min ago; Binance: 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 | 10.25 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 6.82 bp | 35.5 bp −$35 | 136.7 bp −$1,367 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0055% | 4h | 0.1468 | +0.205% | $287K | $111K | 50x | as long as short |
| Binance APRUSDTshort | +0.0100% | 4h | 0.1468 | +0.205% | $6.7M | $5.1M | 50x | |
| Bybit APRUSDT | +0.0100% | 4h | 0.1469 | +0.253% | $1.4M | $640K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1468 | +0.205% | $358K | $176K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1469 | +0.280% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1472 | +0.478% | $19K | $58K | 20x | as long as short |
| Bitget APRUSDT | +0.0104% | 4h | 0.1468 | +0.218% | $3.9M | $963K | 50x | as long as short |
| BingX APR-USDT | +0.0313% | 4h | 0.1467 | +0.137% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0338% | 4h | 0.1470 | +0.341% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDT | +0.0414% | 4h | 0.1466 | +0.082% | $701K | $185K | 25x | as long as short |
BloFin APR-USDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDTlong | +0.0810% | 4h | 0.1465 | long leg | $71K | $80K | 5x | |
| KuCoin APRUSDTM | +0.0870% | 4h | 0.1466 | +0.041% | $2.4M | $331K | 50x | as long as short |
KuCoin APRUSDTM