Funding you earn now, next payment 03:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.088%
Price spread now: Aster against MEXC−1.407%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 1.407% cheaper against MEXC than usual: you would sell low and buy high (−$141 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment. 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 | MEXC BASECAT_USDT | 0.01848 | 0.0400 | pay 0.0200% / 4h | 1h 17m | $692K | $202K | 20x |
| Short | Aster BASECATUSDT | 0.01822 | 0.0100 | get 0.0013% / 1h | 17m 51s | $93K | $73K | 5x |
MEXC BASECAT_USDT
Aster BASECATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$63
- Price spread: −1.407% → 0.000%
- −$140.69
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$215.69
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 37 min ago; Aster: no order-book sample. Net counts fees only.
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 MEXC live order book, 37 min ago | 24.10 bp | 361.4 bp −$361 | 1207.2 bp −$12.1K | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BASECAT on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BASECATUSDTshort | +0.0100% | 1h | 0.01822 | −1.407% | $93K | $73K | 5x | |
| Gate BASECAT_USDT | +0.0100% | 4h | 0.01810 | −2.056% | $217K | $164K | 10x | as long as short |
| MEXC BASECAT_USDTlong | +0.0400% | 4h | 0.01848 | long leg | $692K | $202K | 20x | |
| BingX BASECAT-USDT | +0.0400% | 4h | 0.01857 | +0.487% | — | $726K | — | as long as short |
Gate BASECAT_USDT
BingX BASECAT-USDT