Funding you earn now, next payment 04:00 UTC+0.0202%/8h= +22.2% APRnext payment +$1.01 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against Aster+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.136% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BILLUSDT | 0.01386 | 0.0263 | pay 0.0132% / 4h | 1h 19m | $2K | $4K | 5x |
| Short | Binance BILLUSDT | 0.01388 | 0.0466 | get 0.0233% / 4h | 1h 19m | $2.5M | $3.8M | 20x |
Funding 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
- $42.51
- Price spread: +0.136% → 0.000%
- $13.61
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $38.13
- Costs to cover
- 0.180%
- Break-even
- 0.7 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 7.21 bp | 26.7 bp −$27 | 153.8 bp −$1,538 | doesn't fit | doesn't fit |
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.
BILL on 16 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 BILL-USDT | +0.0048% | 4h | 0.01384 | −0.152% | $146K | $19K | 20x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01386 | −0.008% | $1.3M | $959K | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01386 | −0.008% | $279K | $84K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01387 | +0.064% | $639K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0100% | 1h | 0.01383 | −0.225% | $21K | $939 | 5x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01389 | +0.208% | $1K | $1.1M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01387 | +0.064% | $11K | $38K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0207% | 4h | 0.01387 | +0.064% | $1.1M | $2.7M | 20x | as long as short |
| Aster BILLUSDTlong | +0.0263% | 4h | 0.01386 | long leg | $2K | $4K | 5x | |
| BingX BILL-USDT | +0.0448% | 4h | 0.01387 | +0.064% | — | $1.7M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BILL-USD | +0.0464% | 1h | 0.01388 | +0.108% | $3K | $219K | 5x | as long as short |
| Binance BILLUSDTshort | +0.0466% | 4h | 0.01388 | +0.136% | $2.5M | $3.8M | 20x | |
| MEXC BILL_USDT | +0.0466% | 4h | 0.01387 | +0.064% | $1.1M | $338K | 50x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0688% | 1h | 0.01379 | −0.499% | $46K | $51K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.1906% | 4h | 0.01387 | +0.093% | $462K | $307K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2421% | 1h | 0.01389 | +0.223% | $108K | $14K | 10x | as long as short |
Aster BILLUSDT
Binance BILLUSDT
BloFin BILL-USDT
Bybit BILLUSDT
Gate BILL_USDT
Bitget BILLUSDT
Backpack BILL_USDC_PERP
SunX BILL-USDT
HTX BILL-USDT
OKX BILL-USDT-SWAP
BingX BILL-USDT
Extended BILL-USD
MEXC BILL_USDT
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL