Funding you earn now, next payment 04:00 UTC−0.0671%/8h= −73.4% APRnext payment −$3.35 per $10,000 · paid last 24h −0.060%
Price spread now: Bitget against Binance−0.042%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1581.576% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.042%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.35 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 | Binance ASRUSDT | 0.8754 | 0.0771 | pay 0.0385% / 4h | 1h 17m | $1.9M | $769K | 10x |
| Short | Bitget ASRUSDT | 0.8750 | 0.0100 | get 0.0050% / 4h | 1h 17m | $197K | $72K | 10x |
Binance ASRUSDT
Bitget ASRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$140.82
- Price spread: −0.042% → −0.032%
- −$1.01
- Slippage, 4 orders
- −$135.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$299.41
- Costs to cover
- 1.576%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 37 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 Binance live order book, 2 min ago | 1.14 bp | 26.9 bp −$27 | 655.5 bp −$6,555 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 11.44 bp | 45.8 bp −$46 | 573.2 bp −$5,732 | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8740 | −0.156% | $29K | $7K | 20x | as long as short |
| Bitget ASRUSDTshort | +0.0100% | 4h | 0.8750 | −0.042% | $197K | $72K | 10x | |
| Variational Omni ASR | +0.0100% | 4h | 0.8769 | +0.180% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8773 | +0.221% | $137K | $76K | 25x | as long as short |
| KuCoin ASRUSDTM | +0.0140% | 4h | 0.8740 | −0.156% | $189K | $46K | 10x | as long as short |
| BingX ASR-USDT | +0.0718% | 4h | 0.8760 | +0.072% | — | $1.2M | — | as long as short |
| MEXC ASR_USDT | +0.0770% | 4h | 0.8752 | −0.019% | $646K | $95K | 50x | as long as short |
| Binance ASRUSDTlong | +0.0771% | 4h | 0.8754 | long leg | $1.9M | $769K | 10x |
Gate ASR_USDT
Variational Omni ASR
Bybit ASRUSDT
KuCoin ASRUSDTM
BingX ASR-USDT
MEXC ASR_USDT