Funding arb · Price arb / Crypto
BIANRENSHENG
All BIANRENSHENG markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5027 | +0.0939 | pay 0.0470% / 4h | 3h 04m | $1.9M | $23K | 10x | Long Aster≤10% back | |
| SHORT | 0.5017 | +0.0100 | get 0.0100% / 8h | 3h 04m | $369K | $65K | 10x | Short Gate |
Price gap−0.209%
Funding gap−0.0839% /8h
Both sides work against this direction now: funding costs $25 a day on $10k and the gap is 0.067% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0839% /8h now · paid −0.453% over the last 7D
Price−$7spread −0.209% now, avg −0.142% → −0.067% if it goes back
Costs−$8568.557% of $10k · taker + slippage, in and out
Result−$908−9.08%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.453% in total, about −0.0216%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.209%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBIANRENSHENG on 9 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size494.3 / 88.1 bpAt $10k entering Aster costs 494.3 bp, fee and slippage, 5.6× Gate’s.
- Note: Margin at max leverage$1,000 + $1,000Aster 10x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$25.18Long Aster: 6 payments, −$28.18; short Gate: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.209% vs −0.142%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$369K vs $1.9M OIGate sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0216%/8h × 21 periods−$45.30
Price spread−0.209% → −0.142% (7d avg)−$6.65
Slippage, 4 orderslive order books−$832.70
Fee Aster bp × 2 orders−$8.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$907.65
Costs to cover8.557%Break-evennever at this rate
Slippage: Aster: live order book, 3 min ago; Gate: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster47.49494.3 bp−$494doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate6.7688.1 bp−$88doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.