BIANRENSHENG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Binance币安人生USDT	0.5111	+0.0100	pay 0.0050% / 4h	1h 41m	$39.0M	$4.2M	10x	Long Binance
SHORT	Aster币安人生USDT	0.5105	+0.0100	get 0.0050% / 4h	1h 41m	$1.5M	$46K	10x	Short Aster≤10% back

Price gap−0.115%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.252% under its 7d average: the price leg works against you, −$25 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$220.0000% /8h now · paid +0.215% over the last 7D

Price−$25spread −0.115% now, avg +0.137% → −0.252% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$4−0.04%+ Points / potential airdropAster: Stage 5 · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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−0.115%

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

/8h

BIANRENSHENG on 9 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size22.1 / 30.5 bp
At $10k entering Aster costs 30.5 bp, fee and slippage, 1.4× Binance’s.
Note: Margin at max leverage$1,000 + $1,000
Binance 10x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short Aster: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.115% vs +0.137%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$1.5M vs $39.0M OI
Aster sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
Watch: KYCBinance Yes · Aster No
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0102%/8h × 21 periods+$21.52

Price spread−0.115% → +0.137% (7d avg)−$25.16

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Binance bp × 2 orders−$10.00

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Binance: live order book, 2 min ago; Aster: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance1.9622.1 bp−$22140.5 bp−$1,405doesn’t fitdoesn’t fit

SELL · SHORTAster9.7830.5 bp−$30doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.