Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Aster+0.044%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
=The price spread pays, funding is against you. OKX is 0.044% dearer against Aster than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BILLUSDT | 0.01383 | 0.0155 | pay 0.0077% / 4h | 29m 40s | $2K | $4K | 5x |
| Short | OKX BILL-USDT-SWAP | 0.01384 | 0.0131 | get 0.0065% / 4h | 29m 40s | $1.1M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5
- Price spread: +0.044% → 0.000%
- $4.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.59
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; OKX: 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 OKX live order book, 2 min ago | 3.62 bp | 28.6 bp −$29 | 194.7 bp −$1,947 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BILLUSDT | +0.0100% | 4h | 0.01381 | −0.173% | $1.3M | $996K | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01383 | −0.028% | $278K | $86K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01381 | −0.173% | $646K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0100% | 1h | 0.01381 | −0.173% | $21K | $951 | 5x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01384 | +0.044% | $2K | $1.1M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01379 | −0.317% | $11K | $39K | 20x | as long as short |
| BloFin BILL-USDT | +0.0115% | 4h | 0.01376 | −0.534% | $146K | $19K | 20x | as long as short |
| OKX BILL-USDT-SWAPshort | +0.0131% | 4h | 0.01384 | +0.044% | $1.1M | $2.8M | 20x | |
| Aster BILLUSDTlong | +0.0155% | 4h | 0.01383 | long leg | $2K | $4K | 5x | |
| BingX BILL-USDT | +0.0274% | 4h | 0.01383 | −0.028% | — | $1.7M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BILL_USDT | +0.0284% | 4h | 0.01383 | −0.028% | $1.1M | $341K | 50x | as long as short |
| Binance BILLUSDT | +0.0286% | 4h | 0.01385 | +0.089% | $2.5M | $3.9M | 20x | as long as short |
| Extended BILL-USD | +0.0288% | 1h | 0.01384 | +0.018% | $2K | $220K | 5x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0688% | 1h | 0.01381 | −0.137% | $66K | $72K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.1352% | 4h | 0.01384 | +0.030% | $460K | $315K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2069% | 1h | 0.01383 | −0.014% | $108K | $14K | 10x | as long as short |
Aster BILLUSDT
OKX BILL-USDT-SWAP
Bybit BILLUSDT
Gate BILL_USDT
Bitget BILLUSDT
Backpack BILL_USDC_PERP
SunX BILL-USDT
HTX BILL-USDT
BloFin BILL-USDT
BingX BILL-USDT
MEXC BILL_USDT
Binance BILLUSDT
Extended BILL-USD
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL