Funding you earn now, next payment 08:00 UTC+0.0628%/8h= +68.8% APRnext payment +$3.14 per $10,000 · paid last 24h +0.109%
Price spread now: KuCoin against Aster+0.201%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$19 a day on $10k at the current rate, and KuCoin is 0.201% dearer against Aster than usual: you sell high and buy low: +$20 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 | 0.01367 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2K | $5K | 5x |
| Short | KuCoin BILLUSDTM | 0.01370 | 0.0728 | get 0.0364% / 4h | 1h 59m | $449K | $339K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $131.88
- Price spread: +0.201% → 0.000%
- $20.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $131.99
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 59 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 KuCoin live order book, 59 min ago | 8.39 bp | 622.0 bp −$622 | doesn't fit | 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 | +0.0076% | 4h | 0.01366 | −0.099% | $146K | $17K | 20x | as long as short |
| Aster BILLUSDTlong | +0.0100% | 4h | 0.01367 | long leg | $2K | $5K | 5x | |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01367 | −0.026% | $1.3M | $1.0M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01369 | +0.121% | $276K | $90K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01372 | +0.340% | $2K | $1.2M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01368 | +0.048% | $11K | $39K | 20x | as long as short |
| MEXC BILL_USDT | +0.0228% | 4h | 0.01370 | +0.194% | $1.0M | $333K | 50x | as long as short |
| Extended BILL-USD | +0.0240% | 1h | 0.01369 | +0.092% | $1K | $257K | 5x | as long as short |
| Binance BILLUSDT | +0.0243% | 4h | 0.01369 | +0.121% | $2.5M | $4.1M | 20x | as long as short |
| Bitget BILLUSDT | +0.0320% | 4h | 0.01370 | +0.194% | $643K | $1.3M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack BILL_USDC_PERP | +0.0339% | 1h | 0.01368 | +0.048% | $21K | $973 | 5x | as long as short |
| BingX BILL-USDT | +0.0608% | 4h | 0.01369 | +0.121% | — | $1.7M | — | as long as short |
| OKX BILL-USDT-SWAP | +0.0629% | 4h | 0.01369 | +0.121% | $1.1M | $2.9M | 20x | as long as short |
| KuCoin BILLUSDTMshort | +0.0728% | 4h | 0.01370 | +0.201% | $449K | $339K | 20x | |
| Coinbase International BILL-PERP-INTX | +0.0808% | 1h | 0.01362 | −0.428% | $38K | $98K | 50x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2164% | 1h | 0.01370 | +0.223% | $107K | $12K | 10x | as long as short |
Aster BILLUSDT
KuCoin BILLUSDTM
BloFin BILL-USDT
Bybit BILLUSDT
Gate BILL_USDT
SunX BILL-USDT
HTX BILL-USDT
MEXC BILL_USDT
Extended BILL-USD
Binance BILLUSDT
Bitget BILLUSDT
Backpack BILL_USDC_PERP
BingX BILL-USDT
OKX BILL-USDT-SWAP
Coinbase International BILL-PERP-INTX
Deribit BILL_USDC-PERPETUAL